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Is postdating a check illegal

Postdated checks are perfectly legal, as long as they are not being used for illegal purposes.

For instance, a postdated check cannot be used with the intent to prevent any money from being drawn from a checking account by receiving whatever goods the drawer buys from the payee with the postdated check and then canceling the check before it can be drawn by the payee.

In some instances, postdated checks will be treated as payable, regardless of their postdated status.There is nothing illegal, inappropriate, unlawful, unethical, unprofessional, or unconscionable about a creditor asking a customer to issue a post dated check, nor is there any reason a customer cannot issue one or a series of post dated checks to clear a past due balance.There are several advantages to taking postdated checks in settlement of an account balance including these: 1.If you write a check with a date in the future written on it, so that the check cannot be cashed until the date on the check, then you have written a postdated check.Unlike a normal check, a postdated check is not necessarily payable on demand.

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There is nothing illegal, inappropriate, unlawful, unethical, unprofessional, or unconscionable about a creditor asking a customer to issue a post dated check, nor is there any reason a customer cannot issue one or a series of post dated checks to clear a past due balance. There are several advantages to taking postdated. 
21-Jun-2018 13:44
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Issuance of postdated checks.—It is the duty of the person drawing a postdated check to notify, in writing, the separate office or branch of the institution upon which such check is drawn, giving a complete description thereof, including the name of the payee, the date, the number, and the amount thereof; otherwise. 
21-Jun-2018 13:47
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Is postdating a check illegal introduction

Is postdating a check illegal

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