Post-Dated Check
A post-dated check is a check written with a future date. It signals the payer's intent that the check should not be cashed or deposited until that date.
Banks may process a post-dated check if it is deposited early unless a stop payment is placed. Post-dated checks are often used for scheduled payments.
Related Terms
Check
A check (or cheque in British English) is a written order instructing a bank to pay a specific amoun...
Check Clearing
Check clearing is the process of moving funds from the payer's bank to the payee's bank for a check ...
Stop Payment
A stop payment is an instruction to a bank to prevent a specific check or payment from being process...
Check Number
A check number is a unique sequential number printed on each check to help account holders track and...
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