Post-dated check

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Post-dated check

A check that becomes payable and negotiable on a future date specified.

Post-Dated Check

A check dated for one or more days after it is written. For example, if one dates a check for January 31st, and it is currently January 25th, it is a postdated check. Theoretically, banks do not honor postdated checks, though many do anyway.
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The beneficiaries were also required to submit 36 post-dated checks for the monthly rental of equipment which is equivalent to the total amount of assistance and one post dated check (PDC) as payment for option to purchase which is 0.
Once all customer information is verified, the customer is given immediate funds in exchange for a post dated check that is cashed on payday.
Shortcut keys and Post Dated Checks are only two of the features that our customer base may receive.