Post dating checks massachusetts
Postdated checks are written to be drawn from the checking account only after a certain date.
When you postdate a check, you put a future date on it.There are some caveats to this, which depend on the manner in which you provide notice to your bank, according to the Consumer Financial Protection Bureau (CFPB): So what happens if the bank cashes your check despite your reasonable notice?Well, the bank may then be liable to you for damages, like overdraft fees, for instance.Once you sign a check, it can legally be cashed – regardless of the date you wrote on it – by the payee.There is a way to prevent the payee from cashing the check before the date: providing reasonable notice to your bank.