For instance, if you write a check in December and it’s not cashed until January, and you need proof that you wrote the check during the previous year, the check record would show might incur fees or even end up with a collection account on your credit report.The Question: I recently sent in my rent check early, as I usually do, with the date on the check reading Sept. The check was cashed by my landlord at his bank (Dollar Bank), and my own bank (Key) on Aug. There would have been enough money in there by Sept. One section, Article 4, 4/401(c), says: "A bank may charge against the account of a customer a check that is otherwise properly payable from the account, even though payment was made before the date of the check, unless the customer has given notice [such as stop payment] to the bank of the postdating." As far as whether it's illegal to postdate a check, it's not.The only way to possibly prevent a postdated check from being processed early is to let everyone involved know in advance — and in a format that goes beyond just postdating the check.Of course, even this preventative measure isn’t foolproof, as rules governing banks vary from state to state depending on the two types of notification given, the CFPB says.In the United Kingdom, postdating a cheque carries no legal weight and so such a cheque can be cashed before the due date.
In Brazil, the drawer may seek damages in Justice if their cheque is cashed in before its due date, according to the jurisprudential orientation of the Superior Court of Justice, as per Summary No. Under the clearing rules of the Canadian Payments Association, a post-dated cheque cannot be cashed prior to the date written on it. In India the issue is complex and mainly revolves around article 138 of the Negotiable Instruments Act, 1881.In banking, post-dated cheque is a cheque written by the drawer (payer) for a date in the future.Whether a post-dated cheque may be cashed or deposited before the date written on it depends on the country.We've always paid the total balance due each month.The Answer: My first question for you: Why do you want to close it so badly? The rent check of 5 cleared, but wiped out my balance, which was supposed to cover other checks and ATM withdrawals. The Answer: This is an important lesson for people, and a potentially expensive one for you: It doesn't matter what date is on a check -- it can still be cashed. She noted that such matters are governed by the Uniform Commercial Code, which concerns general business practices.