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Some stores allow you to write checks again once you have paid the amount of the bad check.
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The results of our “banking comparison tool” are based on objective, quantitative and qualitative analysis of the banking products’ attributes and are not affected by compensation.
Another penalty of writing a bad check to a retailer is the inability to write future checks to purchase goods from that retailer.
In the United States and the UK, post-dated cheques are negotiable instruments and can be drawn upon at any time, while in India post-dated cheques are not payable until the date written on the cheque.
There are several advantages to taking postdated checks in settlement of an account balance including these: 1.
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