Is it legal to write a post-dated check in Florida?

Is it legal to write a post-dated check in Florida?

Florida Statute 655.86 says that if you write a postdated check, it is your duty to notify the bank in writing “giving a complete description thereof, including the name of the payee, the date, the number and the amount thereof.”If you don’t, the bank is not liable for paying the check.

Can you legally post date a check?

It is legal for an individual to postdate a check, as well as for a bank to cash or deposit it.

Can a post-dated check be cashed after the date?

Although postdated payments cannot be cashed until the date specified, financial institutions may do so prior to that date.

How long can a check be post-dated?

In some states, if a consumer gives the financial institution reasonably timed written notice about a postdated check before the check is received, then the notice is valid for up to six months.

Where can I cash a post-dated check?

To cash a post-dated check, you should visit any nearby bank, credit union, or check cashing store (preferably from the list given above) along with a valid government-issued photo ID.

Can I deposit a check dated tomorrow?

Postdated checks can usually be cashed or deposited at any time unless the person who wrote the check specifically told their bank not to honor the check until a certain date. Rather than writing a postdated check, it may be better to use online payment services or coordinate with your biller to move back the due date.

What happens when you post-date a check?

When you post-date a check, you put a future date on the check with the idea that the recipient does not deposit it until that written date. For instance, today is Jan. 1, but you actually write “Jan. 5” on the check.

Can I deposit a future dated check?

So, yes, you can deposit a post-dated check before the date shown, but it isn’t advised. Be prepared for the possibility that the check funds won’t be available. Not only do you not want to incur an insufficient funds fee, you don’t want to go through the trouble of obtaining a reissued check.

What happens if you deposit a check after the date?

Your bank may let you deposit the check, regardless of the issue date, but the issuing bank could still reject it. If this happens, the funds might be withdrawn from your account and you might have to pay a fee. The check could bounce.

Do banks look at dates on checks?

The main reason the law lets banks cash post-dated checks is that it’s too hard to look at checks for their date. Processing 45,000,000 checks a day is tough enough, without looking at dates. There’s one exception to the general rule that lets banks cash post-dated checks.

Can a post-dated check be deposited early?

To Deposit Early or Not? As you can see, there doesn’t appear to be any major enforcement of a post-dated check, so it can just be treated as a regular check for the most part. So, yes, you can deposit a post-dated check before the date shown, but it isn’t advised.