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2006-06-16 17:51:19 · 16 answers · asked by kasia8706 3 in Business & Finance Personal Finance

16 answers

Yes . Filling out a check properly
is a good practice.

2006-06-16 17:55:59 · answer #1 · answered by Anonymous · 0 0

To be a valid contract, as a proper check would be, requires a starting and ending date. The starting date is the date you put on the check. The ending date is six months later except in special circumstances that most people needn't be concerned about.

2006-06-16 18:00:16 · answer #2 · answered by Thinker 5 · 0 0

If you don't, it will clear anyway. Small businesses either use the night drop box to deposit bundled checks, or they come into the bank and make a deposit of a bundle of checks and one deposit slip. The teller does not check each slip of paper, s/he just accepts the deposit and gives a receipt.

As for post dated checks, you are strictly relying on the payee's honesty, because if they take it to the bank, it will be accepted anyway. Trust me. Besides, if they go to an ATM, the machine doesn't read any deposited check.

There used to be an expiration date of 6 months, but I believe now there is none anymore.

2006-06-16 18:35:04 · answer #3 · answered by Dolores G. Llamas 6 · 0 0

You should put the date on so that it gets cashed or deposited. The date tells the bank if they should wait to move the money (post-dated) in order to ensure there is money in the account. The cheque becomes void 6 months from the date. If someone forgets to cash your cheque you run the risk of them cashing it at the worst time .... when there isn't enough money in the account to cover the cheque. NSF (not such fun) ... I mean Non-sufficient funds usually cost you an extra out of pocket expense. The moral of the story is..............
UNLESS you are rich, put a date on the cheque so you don't get into financial trouble. (However, I don't think it's mandatory. I've never received or given a cheque without a date)

2006-06-16 18:00:54 · answer #4 · answered by bp2 3 · 0 0

I think that you should, because if you date it you know when the money will come out. Send it today, but the other person can't cash it until the date on the check. It's best for post-dated checks when you need them.

2006-06-16 17:58:06 · answer #5 · answered by peach_campbell 3 · 0 0

Yes you should write a date because the cheque is valid from that date until six months or a year after the date not sure exactly.

2006-06-16 17:55:29 · answer #6 · answered by Neilman 5 · 0 0

A check is not valid without a date. That is one of the six points of negotiability that make it acceptable as a check.

2006-06-16 18:45:48 · answer #7 · answered by Milton a.k.a. the building pyro 4 · 0 0

Uh, yeah. There are five parts that make a check negotiable. Payee, Date, Signature, Written amount, and Numerical amount.

2006-06-16 17:56:01 · answer #8 · answered by butch 2 · 0 0

You should ,especially in the event that you don't want it to be put through before you want it to be debited from your account otherwise it'll be returned "postdated" with applicable charges for the returned item.

2006-06-16 18:01:10 · answer #9 · answered by lcsotter 4 · 0 0

You should. It gives you a heads up on when it was written if you forget to write it in your book.

2006-06-16 17:55:38 · answer #10 · answered by ? 3 · 0 0

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