Is post dating a check illegal?

Post-dated checks are perfectly legal. If they weren’t, “pay day” lenders, and other crude forms of credit, couldn’t exist. Only “properly payable” checks are supposed to be cashed by banks. But just about anything with the right signature on it is properly payable, including post-dated and overdrawn checks.

Are post-dated checks allowed?

It is legal for an individual to postdate a check, as well as for a bank to cash or deposit it.

What happens if a check is post-dated?

Postdated checks are checks written with a future date. Postdated checks can usually be cashed or deposited at any time unless the person who wrote the check specifically told their bank not to honor the check until a certain date.

Will a post-dated check clear?

Quick answer: Surprisingly, if a deposit is attempted, the post-dated check will go through the clearing process as normal.

How long can you post date a check?

6 months

Personal, business, and payroll checks are good for 6 months (180 days). Some businesses have “void after 90 days” pre-printed on their checks. Most banks will honor those checks for up to 180 days and the pre-printed language is meant to encourage people to deposit or cash a check sooner than later.

Does the date on a check matter?

Because they might not always have enough money in their accounts on the day they write those checks, some folks will postdate their checks so that they aren’t deposited or cashed until after that date. Unfortunately, the fact is that there’s generally no actual obligation to honor the date on a check.

Can you deposit a post-dated check early?

Can a bank or credit union cash a post-dated check before the date on the check? Yes. Banks and credit unions generally don’t have to wait until the date you put on a check to cash it. However, state law may require the bank or credit union to wait to cash the check if you give it reasonable notice.

What is the definition of post-dated?

Definition of postdate

transitive verb. 1a : to date with a date later than that of execution postdate a check. b : to assign (an event) to a date subsequent to that of actual occurrence. 2 : to follow in time.