I turned to Wells Fargo and Chase to help me answer that question. A banker said, “Generally, we would try to pay out the fund on the check even if it was post-dated.
If you wanted to avoid it, you should stress it to the person that receives the check, or just give the check to them when you actually have the money in your account.” Upon further investigation, I found a clause in the Wells Fargo consumer account agreement (page 23) that states: So, Wells Fargo may actually try to process the check, regardless of the date that is written on the check.
All of the tellers were occupied with difficult clients. She tried to help the woman figure out where the problem was. I’ve already used that money for something else.” The teller didn’t say anything. In my younger days, I had similar experiences (though never with checks that were just a few weeks old). Or should I keep it in my account in case the check actually goes through?
(I’m old-fashioned and go inside to make deposits for my business finances.) While I waited, I eavesdropped on the nearest conversation. Together they went through the woman’s checkbook register and compared it to the bank’s computer. “Can they really take that long to deposit a check? I’d write a check, and it would remain un-deposited for several months. Because I toed the line so close to zero, the answer was important.
The payee must give notice to the check writer at least three days, but not more than ten days, prior to depositing.