In banking, a post-dated cheque is a cheque written by the drawer payer  for a date in the future. Whether a post-dated cheque may be cashed or deposited before the date brittany metcalf sparta wi dating sites on it depends on the country. A Canadian bank, for example, is not supposed to process a post-dated cheque and if it does so by mistake, the cheque writer may ask their bank to correct the error. In the United States and the UKpost-dated cheques are negotiable instruments and can be drawn upon at any time, while in India and Australia post-dated cheques are not payable until the date written on the cheque. Where a demand for payment of a cheque is made before the date of the cheque arrives, the cheque shall not, by reason of the demand, be taken to have been duly presented for payment. The Commonwealth Bank of Australia 's rules and conditions for cheques Section 1.
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Post-dated cheques are common and enforceable. A "post- dated cheque" is only a bill of ihdia when it is written or drawn, it becomes a "cheque" when it is payable on demand.
The post-dated cheque is not payable till the date which is shown on the face of the said document. Free will only become cheque on the date shown on it and prior to that it remains a bill of exchange under Section 5 of the Act. As a bill of exchange a post-dated cheque remains negotiable but it will not become a "cheque" till the date when it site "payable on demand". In India the issue is complex  and mainly revolves around section of the Negotiable Instruments Act, The payment major issues before the courts are:.
In Serbia post-dating cheques is a customary practice in the retail industry.
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The retailers will usually accept post-dated paymnet cheque payment installments up to several months in advance allowing their customers to pay for expensive goods as a sort of a line of no interest credit.
In the UK the legislation is clear; 'A cheque is a bill of exchange drawn on a banker payable on demand'. However, a bank may refuse to honour a cheque if the post-date is noticed; otherwise, the payer has no right to take any form of legal action against the bank for letting the cheque be processed. It is common for the terms and conditions of current accounts to state that post-dated cheques should not be written and will be dishonoured if detected.
We'd like to hear from people who are in a situations like these where partners have lost interest in intimacy for whatever reason.
Please get in touch with us by leaving a comment below. If you're not a Flirthut member, or prefer to comment anonymously, you can contact us here letting us know that you're responding to this blog.
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