Post dating a cheque in uk
A Google search uncovered this Canadian Payments Association FAQ on Cheques that confirms the optional, non-obligatory, one might say at the convenience of the banks, nature of the usual practice to tell the recipient that it is only to be presented on the due date.
Note the red highlighted weasel words "Even granting there might be some unstated necessity to exempt the banks from the legal responsibility for their incompetence in providing the service a post-dated cheque is intended to do, the symptomatic attitude "if we at the bank screw up, it's you the customer's problem to fix" is, shall we put it politely, annoying.
On 15/01/2012, the cheque will be no longer a post-dated cheque, but becomes a current dated cheque.
In India, a cheque should be presented for payment on or after the date that appears on the face of the cheque. A banker cannot a pay a post-dated cheque as he has no mandate to debit the account of the depositor earlier than the date of the cheque.
You also have to the crossing by hand since it seems there aren't any companies in Canada offering cheques pre-printed with the crossing done. Unfortunately, I see no solution but to either harass the bank if material losses like NSF charges occur, or not to write post-dated cheques at all.Paying electronically is just as fraught with uncertainty and bank freedom.A post-dated cheque is a cheque, on which a future date appears and not a current date.For example, if today is 01/01/2012, then a cheque which bears a date (say) 15/01/2012 is a post-dated cheque, till that date (15/01/2012) comes.When you put a stop payment on a cheque, you are still exposed to it being cashed and having to pay anyway.The simple version explanation of how this can happen is in Before you write a cheque, take note of this little known law that appeared in the Vancouver Sun.The answer unfortunately seems to be yes, I would be on the hook.If a had a problem I should speak to the cheque recipient who had presented the cheque early.If sufficient funds are in the account, then it is paid no problem.What if sufficient funds are not in the account I asked, would there not be NSF charges incurred?