What is the purpose of post dating a check

Some people write "post dated" checks, meaning that rather than the current date, they write a future date on the check, often because they hope you will not cash it before then.Legally, banks can honor post dated checks at any time regardless of the date on the item.According to the code, a personal check becomes "stale dated" six months after you write it.

Consumers and businesses are advised not to accept post-dated cheques because of the problems they create if they are paid into their bank accounts before the due date.It's better and less expensive to find the reason for the missing date by contacting the check writer rather than finding out when the check bounces and your bank hits you with a returned check fee.Our advice is that you shouldn’t post-date cheques because it is likely to be against the terms and conditions of your bank account.This is inconvenient to both you and the person or business you’ve given the cheque to.If the bank does not spot that the cheque has been post-dated the cheque would be paid before you intended it to or even returned unpaid if you have insufficient funds in your account – potentially incurring charges for you.

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