Will a check cashing place cash a postdated check?
Just so, can you cash a check that is post dated?
Cashing a Postdated Check Before the Date Shown In most cases, you can deposit or cash a postdated check at any time. Debt collectors may be prohibited from processing a check before the date on the check, but most individuals are free to take postdated checks to the bank immediately.
Subsequently, question is, can you cash a payroll check early? No you can't. It can create big tax implications for your employer. Deposit of payroll taxes is the day after pay day. If you cash your check a day early the bank will cover it but they will fine the employer.
Also asked, will Walmart cash a postdated check?
The types of checks that Walmart won't cash include: Checks dated more than 180 days prior. Post-dated checks. Non-MoneyGram money orders.
What happens when you deposit a postdated check?
A typical Bank Deposit/Account Agreement will have terms that are worded similar to: Postdated Checks If a postdated check — a check dated in the future — is presented for payment, we may pay the check and charge it to your account even if it is presented for payment before the date stated on the check.