Postdated

From Wikipedia, the free encyclopedia

In banking, postdated refers to cheques which have been written by the maker for a date in the future. In the United States postdated items are described in Article 3, Section 113 of the Uniform Commercial Code. Postdated cheques are often used in conjunction with payday loans.

[edit] See also

• antedated

[edit] References

• 3 UCC 113 from the Cornell Law Center's online version of the Uniform Commercial Code

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Categories: Payment systems | Banking terms and equipment | Economics and finance stubs

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• This page was last modified 15:35, 4 April 2007 by Wikipedia user Beto. Based on work by Wikipedia user(s) SimonP, Pascal.Tesson, Ozzykhan, Alaibot, CmdrObot and Akendall.
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