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(4) A cheque is not incomplete or irregular on its face by reason only that it is post-dated (whether or not the date has arrived).
The Commonwealth Bank of Australia's rules and conditions for cheques (2014: Section 1.7.6 'Dishonour of cheques') clearly state that a cheque will be dishonoured if it is presented before the post-date as written on the cheque for the reason that, '..cheque bears a date that is in the future.
A "post- dated cheque" is only a bill of exchange 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.
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finding love in japanfree japanese dating sites finding love in japan top 10 dating sites in usa chinese dating sites uk.According to the Comptroller of the Currency: "A check is a negotiable instrument—the payee, the person to whom the check is written, may negotiate it through the banking system at any time" and check writers seeking redress must restrict themselves to pursuing the payee.In practice, whether the check writer has any redress against the financial institution where the payee deposited the check may depend on whether it can be shown that the check was accepted over the counter without examination.(August 27, 2019) Cerilliant Corporation (August 27, 2019) Cayman Chemical Company (August 26, 2019) Cambrex High Point, Inc. (August 26, 2019) AMPAC Fine Chemicals Virginia, LLC (August 26, 2019) Clinical Supplies Management Holdings, Inc. Whether a post-dated cheque may be cashed or deposited before the date written on it depends on the country.This is known as a post-dated cheque and it cannot be paid until that date arrives.' While this is a sound interpretation of Australian Commonwealth law, for insurance reasons the bank protects itself from possible attack with the condition (2014: Section 1.7.1 'Using your cheques '): 'You authorise us to pay a post-dated cheque (one which is dated with a date in the future) drawn on your account and presented for payment at any time before the date of the cheque arrives.' In Brazil, the drawer may seek damages in Justice if their cheque is cashed in before its due date, according to the jurisprudential orientation of the Superior Court of Justice, as per Summary No. Under the clearing rules of the Canadian Payments Association, a post-dated cheque cannot be cashed prior to the date written on it.