Postdating a check changes the check from a demand draft to a time draft.

Name: Postdating a check changes the check from a demand draft to a time draft.
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

Postdating a check means writing a future date on the check, which makes it a time draft rather than a demand draft. This means that the check cannot be cashed or deposited until the specified date, similar to a future-dated payment.

Postdating a Check Changes the Check from a Demand Draft