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Warning! Cheques can be cashed anytime

Translator's picture

As from 13th May 2010, in Qatar, cheques which are post dated may be presented for payment earlier than the date specified on the cheque.

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DonMeister's picture

DonMeister said Ohhhh.... scary ...

Ohhhh.... scary scary.
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Xena's picture

Xena said Then please explain to me what the purpose ...

of a post dated cheque is... if not to give the person the right to draw money on the date of the cheque, not before.... ie... if I had the money on the day the cheque was issued... there would be no need for the cheque to be post dated.... *dingbats*

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Stone Cold's picture

Stone Cold said Cannot be that way but ...

Cannot be that way but probably in an exceptional cases. Banks would not just flout their regulations.

 

stealth's picture

stealth said already discussed a few ...

already discussed a few weeks back

 

nohashakib's picture

nohashakib said Even so, I have a way to ...

Even so, I have a way to stop post checkers to cash thier money...

If you gave checks to untrusted person or with doubt, you simply can go to the bank immediatly afterwards and change your signature, so the check will return for unverified signature, and the presenter will have to return to the check owner.

Simple

N.F SHAKIB

 

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