Faiyaz Unia

a month ago

anybody can explain what is Security post-dated cheques?

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Arjun Aravind

a month ago

SPDCs are cheques written by the drawer (payer) for a date in the future. Whether a post-dated cheque may be cashed or deposited before the date written on it depends on the country. Usually banks take this as an assurance in case you default on your loan. See more