I wrote a post-dated check to be cashed in 5 days. The guy that cashed it, cashed it before the date and overbalanced my account. I tried to make the responsible for the money and they said it was against the law to write a post-dated check. Is this true?Reason for Editing (Minimum 15 Characters)
Asked on 4:08 pm Sep 12th 2008
Anonymous
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I'm not sure about it being against the law, but I do know most people/places will not accept post dated checks anymore. Where I work if someone gives us a posted dated, we cash it, when we get it.Reason for Editing (Minimum 15 Characters)
Answered on 4:28 pm Sep 12th 2008
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There's no such thing as a post-dated check anymore. You need to have the funds in the account when you write the check. This is a valuable lesson for next time.Reason for Editing (Minimum 15 Characters)
Answered on 7:31 am Oct 5th 2008
Anonymous
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I work at a bank and yes it is absolutely illegal to write a post-dated check. If you write a post-dated check to a person sometimes the teller will notice it and not cash or deposit the check, but if you write the check to a business the check gets deposited along with many, many other checks that the teller is not required to go through... therefore will almost undoubtedly go unnoticed. You should really never write a stale check, not only because it will cause you to overdraft your account, but if the check is sent back it also causes the person you wrote the check to to get a fee that they can turn around and collect from you.Reason for Editing (Minimum 15 Characters)
Answered on 4:53 pm Oct 19th 2008
Anonymous
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Isnt post dating a check just another way of saying I dont have the money right now? SO why even bother?Reason for Editing (Minimum 15 Characters)
Answered on 7:28 pm Jul 7th 2009
Anonymous
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if i deposit a postdated cheque in my own account and take the money out of an atm is this allowed if i cant cover the cheque until the date the cheque is postdated for.Reason for Editing (Minimum 15 Characters)
Answered on 11:10 am Dec 10th 2009
Anonymous
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Ok so here is my story, i write a post dated check for a specific date, the company changes the date and tries to cash and does so, isnt this check fraud.Reason for Editing (Minimum 15 Characters)
Answered on 12:51 pm Jan 4th 2010
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To Rob ---
What you speak of is considered "[URL="http://en.wikipedia.org/wiki/Check_kiting"]kiting[/URL]," and it is illegal. Banks have taken large preventative measures to prevent kiting. Namely, if you deposit that check, the funds will not be instantly available -- rather, the bank won't make those funds available until the check actually clears. Since the check won't ever clear, the funds will never be available for you to actually withdraw from the ATM. I suppose if your bank has given you overdraft protection, then your scenario is possible; although if the bank catches on to such practices, they may prosecute you under state or federal bank fraud statutes.
To Geo--
If the company actually alters your check and changes the date, then I do believe it would be considered a form of check fraud/forgery.Reason for Editing (Minimum 15 Characters)
Answered on 10:04 pm Jan 4th 2010
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