What does PDCS mean? What is the full form of PDCS?

The Full Form of PDCS is Post dated cheques.

Postdating a check is done by writing a check for a future date instead of the actual date the check was written. This is typically done with the intention that the check recipient will not cash or deposit the check until the future indicated date. It is legal for an individual to postdate a check, as well as for a bank to cash or deposit it.

A postdated check is one that is written with a future date indicated on it. This is usually done to account for an anticipated delay in deposit. For example, you may decide you would like to postdate a check if you are sending in a bill payment earlier than the due date. It is also common to postdate a check if there are insufficient funds in the checking account at the time the check is written.

How to Write a Postdated Check

When writing a check that you would like to postdate, you’ll first need to make sure that you have checks available with your updated information (if not, you can order checks online), and fill out all sections as you normally would. The date section should include a future date that you would prefer the check be deposited or cashed on. The date on the check serves as a “timer” that indicates when the check can be deposited or cashed.

Is it Legal to Postdate a Check?

You’ll need to check the specific laws for your respective state, but postdated checks are generally legal to write in the United States. Postdating a check may be considered illegal if the check writer’s account does not have the necessary funds to deposit the check, and if the writer’s intent was to defraud at the time of issuing the check.

PDCS

means

Post dated chequeshow to pronounce Post dated cheques

Translate Post dated cheques to other language.

Select another language: Go
Do you want to know What does PDCS mean? What is the full form of PDCS?. Are you looking for What does PDCS mean? What is the full form of PDCS? What is PDCS stand for? On this page, We talk about the various possible acronym, abbreviation, full form or slang term of PDCS. The Full Form of PDCS is‍ Post dated cheques
You also might want to know: how to pronounce PDCS, how to pronounce Post dated cheques,
Still can't find the acronym definition for PDCS? Please use our site search to look for more acronyms.
Showing the full form of PDCS:‍ 'Post dated cheques' on your site.
What does PDCS mean? What is the full form of PDCS?
Image Source:
Image HTML:
HTML with link: