âNothing, to my way of thinking, is a better proof of a well ordered mind than a manâs ability to stop just where he is and pass some time in his own company. â â Seneca, Letters From a Stoic. Itâs not that we live in an age of distractions, but rather an age where we are failing to teach and embrace mindful motives.
Preissued, postdated cashier's checks are not cashier's checks or issued officer's checks until the date they become payable. Indeed, until the due date, a preissued, postdated cashier's check is not even a check as defined by the Uniform Commercial Code.
Additionally, the only time a bank can be held liable for processing a postdated check before the indicated date is if that notice is still valid. In which case, the CFPB says the institution may may be on the hook to cover damages such as the cost of overdrafts and other fees.