Postdated Checks. An authorized individual may, upon timely and proper request, ask us not to pay a postdated check or other item before the date of the item. The request may be made by telephone, by mail, or in person. The request willbe effective if we receive the order in time for our employees or agents to reasonably act on the request and the request includes the account number, the check number, and its exact amount. If we receive incorrect or incomplete information, we will not be responsible for paying the item. If we do not receive the request in time, we may charge your Account for the item even though payment is made before the date of the check. If we re-credit the Account after paying an item early despite a valid and timely request to delay payment, you agree to sign a statement describing any dispute with the payee, to transfer to BECU all your rights against the payee or other holders of the item, and to assist us in legal action taken against the person.
Postdated Checks. If the date on a check is later than the day you sign the check, the Bank may, at its option, either pay the check or return it unpaid. The Bank has the right to ignore the fact that the check is postdated and charge your account without being liable to you. The Bank is also not liable if it dishonors or returns other checks because it has paid a postdated check.
Postdated Checks. Unless you provide us with a written postdated check notice that describes a postdated check with reasonable certainty, we may pay any check presented to us before the date stated on the check. Your notice must include the exact amount (dollars and cents), account number, check number, date of check and the name of payee. If you provide us with a postdated check notice in a time and in a manner which affords us a reasonable opportunity to act on it, we will not pay the item and may return it (marked “payment stopped”, “postdated” or otherwise) if it is presented to us prior to the date indicated in the order (up to six months from the date of the notice). After six months, a notice is no longer effective and must be renewed. We may impose a fee for each notice. If we re-credit your account after paying a postdated check over a valid and timely postdated check notice, you agree to transfer to us all of your related rights against the payee or other holder of the check, and to assist us in any legal action we take against that person.
Postdated Checks. If the date on a check is later than the date the check was issued, the check is called “postdated.” We will not look to see if a check is postdated when We decide whether to pay the check. We have the right to charge against Your account any payment We make on a postdated check before the date on the check unless You process a Stop Payment Order (see Section A-18).
Postdated Checks. If the date written on a check is later than the date the check was issued, the check is called “postdated.” We will not look to see if a check is postdated when we determine whether or not to pay the check. We have the right to charge against your account any payment we make on a postdated check before the date on the check, unless you have given us notice of the postdated check. The notice must describe the check with reasonable certainty (must include date, check number, amount of check and payee). If the notice does not do so, or if we do not have a reasonable opportunity to act on the notice, we will not be liable if we pay the check before the date on the check or if such payment causes other checks to be returned for insufficient funds. A notice of a postdated check will never be good beyond the date on the check. An oral notice of a postdated check is good for no longer than 14 (fourteen) days unless we receive written confirmation from you within that time. A written notice of a postdated check is good for no longer than 6 (six) months. Any renewal of a notice of a postdated check will be good for an additional 6 (six) months. If you request that we do not pay a postdated check prior to the date of the check, we may charge you the fees listed, if any, in our Business Schedule of Charges.
Postdated Checks. In connection with any postdated check issued by the Client, it is the duty of the Client to notify the Bank in writing, giving a complete description of the item, including the payee, the date, the check number, and the amount of the check; in the absence of such written notice, the Bank shall not be liable for paying any postdated check before the date written on the check. A charge may be made for each postdated item issued by the Client.
Postdated Checks. You agree not to issue any Check payable in the future (a postdated Check). If you issue a postdated Check, we may pay it prior to the future date and we will have no liability to you or any other party to the instrument if we do so. We also have the right to return any postdated Check, whether presented to us as a cash item or as a collection item. Stale Checks: We are not obligated to pay any Check drawn on your Account that is presented more than 6 months past its issue date; however, we have no liability to you or any other party to the instrument if we pay the Check in good faith. Authorized Signature: We will not be liable for refusing any order or item if we believe in good faith that the signature on that order or item is not genuine. We are authorized to honor any transactions initiated by a third person to whom you provide your Access Device or other Account access information. Also, you authorize the use of facsimile signatures and electronic signatures under Applicable Laws.
Postdated Checks. We do not honor post-dated checks in accordance with the date. Any check written and processed with be mechanically cleared in the normal course of our process when it is received.
Postdated Checks. We may pay any check without regard to its date. You agree not to deposit checks or other items before they are properly payable.
Postdated Checks. Our check processing equipment is unable to detect postdated checks (that is, a check dated later than the date on which the check is written). Therefore, you agree not to write postdated checks on your account. You agree that we can assume that all checks presented against your account are payable on demand. We may pay and charge against your account a postdated check even though payment was made before the date of the check. We will not be liable to you for paying a postdated check drawn on your account before the stated date unless required by Applicable Law.
