Postdated and Stale Dated Checks Clause Samples

Postdated and Stale Dated Checks. We may honor any draft without consideration of the date. We will honor your written request not to pay a postdated check until the date on the check, but only if such written request is received prior to the check being presented to FPCU. We are not required to honor any check drawn on your account that is presented more than six months beyond the date of the check.

Postdated and Stale Dated Checks. We may pay any check without regard to its date unless you notify us of a postdating. The notice must be given to us in time so that we can notify our employees and reasonably act upon it. The notice must accurately describe the check, including the exact number, date and amount. You understand that the exact information is necessary for the Credit Union’s computer to identify the check. We are not responsible if you give us an incorrect or incomplete description or untimely notice. You may make an oral notice which lapses in fourteen (14) calendar days unless confirmed in writing. The Fee for a Notice of Postdating is the same as the fee for a Stop Payment Order; please refer to our Fee Schedule for the amount of the fee. A written notice is effective for six (6) months and may be renewed in writing from time to time. You agree not to deposit checks, drafts, or other items before they are properly payable. We are not obligated to pay a check drawn on your account that is presented more than six (6) months past its date.

Postdated and Stale Dated Checks. If you write a check that is dated in the future and the check is presented for payment before the date of the check, we may pay it or return it unpaid. If we pay the check, it will be posted to your account on the date we pay it, even though the posting date is prior to the date of the check. We are not responsible for any loss to you in doing so. If you do not want us to pay the check, you must submit a Stop Payment Order (see section below). If you deposit checks or other items before they are properly payable, we may credit your account or return it. We are not responsible for any loss to you in doing so. The Credit Union is under no obligation to pay a stale dated check, which is a check drawn on your account that is presented more than six months after its date. However, we may pay the check unless you have placed an efective Stop Payment Order on it.

Postdated and Stale Dated Checks. You authorize us to accept and pay any check, even if it is presented for payment before its date, unless you notify the Credit Union of the postdating. Your notice will be effective only if the Credit Union receives it in time for us to notify our employees and reasonably act upon the notice, and you accurately describe the check, including the number, date, and amount. You understand that the exact information is necessary for the Credit Union’s systems to identify the check. If you give the Credit Union an incorrect, incomplete, or untimely notice, we will not be responsible for paying the item before the date stated and the Credit Union may charge your account as of the date we pay the item. You may make an oral notice that will lapse within fourteen (14) days unless continued in writing within that time. You also agree not to deposit checks, drafts, or other items before they are properly payable. The Credit Union is under no obligation to you to pay a check drawn on your account that is presented more than six (6) months after its date.

Postdated and Stale Dated Checks. Postdated checks that in the Bank’s opinion would not be paid on presentation, and checks dated six (6) months or more prior to the date they are collected from the Lockbox.

Postdated and Stale Dated Checks. We may pay any check without regard to its date unless you notify us of a postdating. The notice must be given to us in time so that we can notify our employees and reasonably act upon it. The notice must accurately de- scribe the check, including the exact number, date and amount. You understand that the exact information is necessary for the Credit Union’s computer to identify the check. We are not responsible if you give us an incorrect or incomplete description or untimely no- ▇▇▇▇. You may make an oral notice which lapses in fourteen (14) calendar days unless con- firmed in writing. A written notice is effective for six (6) months and may be renewed in writing from time to time. You agree not to deposit checks, check or other items before they are properly payable. We are not obligated to pay a check drawn on your account that is presented more than six (6) months past its date.

Postdated and Stale Dated Checks. We may pay any check without regard to its date unless you notify us of a postdating or stale- dated check. The notice must be given to us in time so that we can notify our employees and reasonably act upon the notice and must accurately describe the check, including the exact number, date and amount. You understand that the exact information is necessary for the Credit Union’s computer to identify the check. We are not responsible if you give us an incor- rect or incomplete description or untimely notice. You may give us an oral or written notice and this is effective for six (6) months and must be renewed in written form. You agree not to deposit checks or other items before they are properly payable. We are not obligated to pay checks drawn on your account, which are presented more than six (6) months past the check date.

Postdated and Stale Dated Checks. You agree not to issue any check that is payable on a future date (postdated). If you do issue a check that is postdated and we pay it before that date, you agree that we shall have no liability to you for such payment. You agree not to deposit checks before they are properly payable. We are not obligated to accept for deposit or pay any check drawn on your account that is presented more than six (6) months past its date (stale-dated). We will not be responsible for any losses or costs you incur as a result of the payment by us of any check more than six months old, or the payment of any check before the date written on the face of it by you.

Postdated and Stale Dated Checks. You agree not to draw or issue any draft that is postdated. If you do draw or issue a draft that is payable on a future date, we shall have no liability if we pay it before its payment date. You agree not to deposit drafts, checks, or other items before they are properly payable. We are not obligated to pay any check or draft drawn on your account, which is presented more than six (6) months past its date. If, however, the draft/check is paid, the Credit Union shall have no liability for such payment.