Common use of Postdated Checks Clause in Contracts

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. In connection with any postdated check issued by the ClientDepositor, it is the duty of the Client Depositor to notify the Bank Branch in writing, giving a complete description of the item, including the payee, the date, the check number, number and the amount of the check; in the absence of of' such written notice, the Bank Branch 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 ClientDepositor.