Stale Cheque:-
A cheque which is issued today must be presented before at bank for payment within a stipulated period. After expiry of that period, no payment will be made and it is then called ‘stale cheque’ . It is the practice of our country not to honor cheques presents for payment after the expiry of six calendar months from their dates. This practice is born out of banker’s customer relationship and does not have any legal sanction behind it,
Post-dated Cheque:-
A cheque which bears of future date are called a post dated cheque. For example, if a cheque presented on 8th May 2003 bears a date of 25th May 2003, it is a post-dated cheque. The bank will make payment only on or after 25th May 2003. The drawee bank will not pay a post dated cheque till the date thereon arrives. The risk involved to payment of post dated cheque before the due date are the possibility of the cheque being countermanded, occurrence of customer’s death, bankruptcy etc. before the date of the cheque.
crossed check over the counter
When cheque is crossed it in effects means a request-more appropriately, an instruction by the client
not to pay the cheque directly over the counter but to a banker only for crediting the payees account with the bank. A cheque bearing such an instruction is called a ‘crossed cheque’. The crossing of a cheque is intended to ensure that its payment is made to the right payee.