But, what if the check recipient doesn’t listen to my instruction and deposits the check before the written date?
This process can take a few days but, for most cheques, the bank makes the funds available to the customer right away.
However, it isn’t until your bank gets confirmation from the cheque-writer’s bank that it knows for sure that the funds are available.
There may be other resources that also serve your needs.
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.
Payments Canada Payments Canada has created a video to explain how cheques travel through the Canadian payments system, why those cheques are “image-conscious” and what happens if they hit a bump in the road Canada has one of the most efficient cheque clearing systems in the world and, while the use of cheques has been declining with the growing popularity of electronic and card payments, financial institutions in Canada still process nearly a billion cheques every year.
A cheque is an agreement of payment between two individuals or organizations.
en Español How to Protect Yourself: Worthless Bank Checks Source: Florida Attorney General's Office What is a Worthless Check?
Under Florida law, any checks returned “NSF” (non-sufficient funds), “Account Not Found” or “NSF Unless Otherwise Indicated is a worthless check subject to prosecution under Florida’s criminal statutes.
Occasionally, I like to skim through Reddit’s personal finance section for any interesting money topics.
One recent, noteworthy topic had to do with post-dated checks and what happens to them when you attempt to deposit or cash the checks before the date written on them. If I were to post-date a check, it would probably be because I don’t yet have enough funds in my account to cover the check amount.
The proper judicial circuit for the prosecution of this crime is usually the circuit in which the check was presented and accepted.