.."If a cheque is presented before its issuing date, the instrument shall be paid on its presentation date. In this case the bank may refuse to pay its value until the arrival of the day set as the issuing date." Is it just my imagination or don't these statements like cancel each other out??? So what is the point of changing the rules of PDC?
.."If a cheque is presented before its issuing date, the instrument shall be paid on its presentation date. In this case the bank may refuse to pay its value until the arrival of the day set as the issuing date." Is it just my imagination or don't these statements like cancel each other out??? So what is the point of changing the rules of PDC?