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They cannot cash a cheque before the date written on it. Man, I hate to be [citation needed] Guy, but I don’t think that’s true. A quick search only gives me t

They cannot cash a cheque before the date written on it. Man, I hate to be [citation needed] Guy, but I don’t think that’s true. A quick search only gives me this: https://www.nerdwallet.com/article/banking/postdated-check https://www.nerdwallet.com/article/banking/postdated-check I’d doubly-check that before relying on it.

toast0 4y ago
You can't really rely on it, but if you ask your bank nicely, they might enforce it and wait to process a postdated check. My credit union says there's a $15 charge for a postdated order per check, so I'd rather save my money and provide the check later. It's kind of like stale dated checks; the bank doesn't have to pay a check that's more than six months old; but you can't rely on it, the bank can pay that check and if they do, it will come out of your account; the bank has no duty to you to not pay stale dated checks.
kazinator 4y ago
I'm in Canada. (You know, that country that didn't have a banking crisis in 2008.) Here, I'm reasonably confident that banks will not cash a cheque before the date on it, other than if it slips through by clerical error. My government recommends this: https://www.canada.ca/en/financial-consumer-agency/services/payment/pay-by-cheque.html#toc4 https://www.canada.ca/en/financial-consumer-agency/services/... They don't say it can never happen, but if a post-dated cheque is prematurely cashed, it's a problem, and you can complain about it to have the payment reversed. You should complain before the date on the cheque (after which it is more or less moot).
- a_cardboard_box 4y ago
  I'm also in Canada and when my landlord prematurely cashed a post-dated cheque the bank (TD) said they couldn't stop him from doing that. So apparently some branches haven't gotten that memo. But good to know I can complain if it happens again.

toast0 4y ago

You can't really rely on it, but if you ask your bank nicely, they might enforce it and wait to process a postdated check. My credit union says there's a $15 charge for a postdated order per check, so I'd rather save my money and provide the check later. It's kind of like stale dated checks; the bank doesn't have to pay a check that's more than six months old; but you can't rely on it, the bank can pay that check and if they do, it will come out of your account; the bank has no duty to you to not pay stale dated checks.

kazinator 4y ago

I'm in Canada. (You know, that country that didn't have a banking crisis in 2008.) Here, I'm reasonably confident that banks will not cash a cheque before the date on it, other than if it slips through by clerical error. My government recommends this: https://www.canada.ca/en/financial-consumer-agency/services/payment/pay-by-cheque.html#toc4 https://www.canada.ca/en/financial-consumer-agency/services/... They don't say it can never happen, but if a post-dated cheque is prematurely cashed, it's a problem, and you can complain about it to have the payment reversed. You should complain before the date on the cheque (after which it is more or less moot).

a_cardboard_box 4y ago
I'm also in Canada and when my landlord prematurely cashed a post-dated cheque the bank (TD) said they couldn't stop him from doing that. So apparently some branches haven't gotten that memo. But good to know I can complain if it happens again.