Sometimes checks are dated ahead, for reasons satisfactory to the
maker and payee.

A check drawn on August 5th, but dated August 20th cannot be
collected till the latter date.

Never date a check ahead unless you are positive that you will
have the money in bank to meet it on the day named.

Never, if you can avoid it in trade, receive a post-dated check.

Cash or deposit your checks as soon as possible after they are
received.

If the bank should fail, while you are holding the check, the
maker cannot be held for the loss.

CERTIFICATES OF DEPOSIT

Often when a depositor is travelling, he finds it convenient to
carry with him a form of paper that is as good as cash, and much
better in the event of loss.

Banks will issue "certified checks" to depositors. These checks
are stamped by the bank "certified" with the date and officer's
signature attached.

On issuing such a check, the bank debits the receiver's account
with the amount, and so can guarantee the payment whenever or