Post dating cheques uk

In most cases, you can deposit or cash a postdated check at any time. If I accept a post-dated cheque, what happens if the account of the person who gave me the cheque is closed before I pay the cheque in?

This could potentially incur you charges and cause inconvenience to the recipient.

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a post-dated cheque presented for payment before the date appearing thereon, the cheque will be returned marked post-dated or the bank will hold on to the cheque until it is able to be cashed in.

This is to avoid any incidence of returned cheque due to insufficient funds and the resulting penalty charges.

It causes inconvenience to all parties - drawer, drawee and payee.

The only way to guarantee they’ll actually work is to pay extra fees to your bank.

If you’re unwilling or unable to pay your bank to monitor your account, you’re at the mercy of whoever you give the check to.

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