Is post dating checks illegal in florida
By providing notice to your bank or just not writing a check until you can afford to, you can avoid fees and protect your money.If you still want to take the paperless route, apply now to go paperless with your mortgage!Because I make most payments (like my mortgage) online, it’s not too often that I bust out the checkbook.A few weeks ago, however, I wrote a check and got a nasty surprise in my bank account.Once you sign the check, it becomes legal tender, so it’s 100% legal for a bank to cash a postdated check before the date on it.I postdated my check because I didn’t want to miss the due date, and I intended to transfer the funds closer to the date I wrote on the check.If that doesn’t work, recuperating your losses may require a consultation with an attorney.
If the person who wrote the check has provided reasonable notice of postdating to their bank, however, you will not be able to cash the check early. It’s a common misconception that postdating your check will ensure that the money stays in your account until the date on the check, but this isn’t necessarily the case.However, keep in mind that it is illegal to intentionally write a bad check; if you’re postdating it with the intention of canceling it before the date, or if you know for certain that you won’t have the funds, you could run into legal trouble.The laws differ from state to state, but the short answer is yes.Luckily, I avoided overdraft fees, but this situation was still quite worrying. What if this created an overdraft and I had to pay expensive fees?Once you sign a check, it can legally be cashed – regardless of the date you wrote on it – by the payee.