Draft Check

(redirected from Draft Checks)

Draft Check

Slang; a post-dated check. That is, a check with a date after the current one written on it. In most circumstances, a draft check may not be deposited until the date written on it is reached. This gives the writer time to collect money so as not to write a bad check. Post-dating checks is strongly discouraged.
References in periodicals archive ?
Last Thursday, one day prior to the hurricane's impact, YMA implemented its Disaster Plan and utilized its backup center in Boston to process thousands of ACH and Draft Checks through its direct connection with its banking partners.
The main feature is that business owners and managers with no experience in printing checks can print pre-approved draft checks by bulk in house easily
Print pre-approved draft check to receive payment via phone, email, fax and online quickly
This business cheque software also allows customers to print regular check, blank check and bank draft checks in house.
By utilizing the feature enhanced version of Ezcheckprinting business cheque printing and writing software, customers can now start saving cash and increasing productivity immediately by duplicating accounts for recurring checks, printing bank draft checks, professional looking checks with logo, signature and MICR encoding in house on blank stock.
By utilizing the feature enhanced version of Ezcheckprinting business cheque printing and writing software, customers can now start saving cash and increasing productivity immediately by printing bank draft checks, professional looking checks with logo, signature and MICR encoding in house on blank stock.
8220;Business establishments that print checks, blank checks or draft checks, can do so easily when utilizing the newest version of EzCheckprinting business check writer,” said Halfpricesoft.
This new edition also can print draft checks for businesses who need to receive payment online, via fax, email or phone.
The main feature is that business owners and managers with no experience in printing checks can print pre approved draft checks by bulk in house easily.
Even customers that have never run a business before can now print pre approved draft checks in house quickly and inexpensively.