What does Post-dated cheque mean?
Definitions for Post-dated cheque
post-dat·ed cheque
This dictionary definitions page includes all the possible meanings, example usage and translations of the word Post-dated cheque.
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Wikipedia
Post-dated cheque
In banking, a 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. A Canadian bank, for example, is not supposed to process a post-dated cheque and if it does so by mistake, the cheque writer may ask their bank to correct the error. In the United States and the UK, post-dated cheques are negotiable instruments and can be drawn upon at any time, while in India and Australia post-dated cheques are not payable until the date written on the cheque.
Wikidata
Post-dated cheque
In banking, postdated refers to cheques which have been written by the drawer for a date in the future. In the United States, postdated items are described in Article 3, Section 113 of the Uniform Commercial Code. Postdated checks are often used in conjunction with payday loans. Many banks will honor postdated cheques, even if they are deposited before the postdate because they will hold on to the cheque until the cheque is able to be cashed in. Legal consequences of cashing in a post-dated cheque before its due date vary from country to country.
Numerology
Chaldean Numerology
The numerical value of Post-dated cheque in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of Post-dated cheque in Pythagorean Numerology is: 1
Translations for Post-dated cheque
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"Post-dated cheque." Definitions.net. STANDS4 LLC, 2024. Web. 30 Apr. 2024. <https://www.definitions.net/definition/Post-dated+cheque>.
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