Is the cash check valid for Saturdays and Sundays?

It is determined by the calculation method prescribed by the following laws.

Negotiable Instruments Act. Article 107:The provisions of the General Principles of the Civil Law on the calculation period shall apply to the calculation of the time limits provided for in this Law.

If the term is calculated on a monthly basis, it shall be calculated on the opposite day of the expiration month; If there is no date, the end of the month is the due date.

General Principles of Civil Law. Article 154:The period referred to in the Civil Law is calculated in accordance with the Gregorian calendar year, month, day, and hour.

Where it is stipulated that the period shall be calculated according to the hour, it shall be calculated from the provision. If it is stipulated that the period shall be calculated according to the day, month or year, the day of the beginning shall not be counted, and the calculation shall be calculated from the next day.

If the last day of the period falls on a Sunday or other statutory holiday, the day following the holiday day shall be the last day of the period.

The cut-off time on the last day of the period is 24 o'clock. If there is a business time, the time when the business activity is stopped is closed.

Dear, you can go directly to the bank and ask if the validity period is calculated on a daily basis or on a working day basis.

Cheques are valid for 10 days and will be extended if there are holidays.

Under normal circumstances, the cheque is only valid for 10 days, which is calculated from the date of issue and will be extended accordingly in case of holidays.

A cheque is a demand draft payable by a bank and can be regarded as a special case of a bill of exchange. The amount of the cheque issued by the drawer of the cheque shall not exceed the amount of the cheque deposited with the payer. If the deposit is less than the check amount, the bank will dishonor the payment to the bearer.

This type of cheque is called a dishonoured cheque and the drawer is legally liable.

Legal Analysis: Cash cheques are valid for Saturdays and Sundays. The bearer of the cheque shall prompt payment within 10 days from the date of issuance; If the cheque is used in a different place, the time limit for prompting payment shall be set by the People's Bank of China.

If the prompt payment deadline is exceeded, the payer may not pay.

Legal basis: Negotiable Instruments Law of the People's Republic of China

Article 91 Cheques shall be paid at sight and shall not be recorded separately. If the date of payment is separately stated, such statement shall be invalid.

Article 92 The bearer of the cheque shall prompt payment within 10 days from the date of issuance; The time limit for prompting payment of cheques used in other places shall be separately stipulated by the People's Bank of China. If the prompt payment period is exceeded, the payer may not pay; If the payer does not pay, the drawer shall still bear the responsibility for the instrument to the holder.

Cash cheques are valid on Saturdays and Sundays. A cash cheque is valid for 10 calendar days from the day following the date of issue. If the time limit for prompting payment is exceeded, the payer may refuse to pay.

A cash cheque is a type of cash cheque used by the depositor to withdraw cash from the bank or pay to the payee.

[Legal basis].Article 91 of the Negotiable Instruments Law of the People's Republic of China.

The bearer of the cheque shall prompt payment within 10 days from the date of issuance; The time limit for prompting payment of cheques used in other places shall be separately stipulated by the People's Bank of China.

If the prompt payment period is exceeded, the payer may not pay; If the payer does not pay, the drawer shall still bear the responsibility for the bearer of the instrument.

Some. The deadline for cash checks can be extended if it falls on a holiday.

Cash cheques are valid for five days (10 days for transfers in the region where the endorsement is transferred) and are valid for the next day from the day after issuance, with exceptions to public holidays. Cash cheques are valid for 10 days (calendar days) from the day after issuance, and will be postponed to the next business day if it falls on a statutory holiday.

However, please note that the holiday rollover means that when the last day is a holiday, it will be postponed to the next business day, for example, if October 10 is a Saturday, the due date will be October 12 (Monday), and if October 10 is a Sunday, the due date will be October 11 (Monday). If the last day is not a holiday, no matter how many days there are in between, it is counted normally.

1. How to calculate the validity period of cash checks.

When it comes to the validity period of a cash check, there is a concept that has to be mentioned, and that is the date of issue. Under normal circumstances, cash cheques are only valid for 10 days, starting from the date of issue and will be extended accordingly in case of holidays.

First of all, let's talk about the date of ticket issuance. If the cash check is not filled in with the date of issuance, it is best not to accept it. The bank stipulates that a cash cheque that lacks the date of issue is invalid, and the drawer does not have to bear any liability for the bill due to negligence.

If the drawer does not fill in, authorize the drawee to fill in the date, when the drawee receives the cash check, at the same time should require the drawer to issue a "power of attorney" as proof, without a power of attorney may be forged valuable lawsuits. If you need to rewrite the date of issuance, you must stamp the manuscript at the rewriting place. If it is not stamped, it will be invalid and the cash cheque will be returned by the bank.

Cash cheques are only valid for 10 days, which is shorter as they are a cash payment instrument in place of cash. According to China's "Negotiable Instruments Law": after receiving the transfer cash check, the holder of the cash check should prompt payment within 10 days from the date of issuance, and the recipient fills in a bill to your bank to make the payment, and the cash check used in other places, the time limit for prompting payment is separately stipulated by the People's Bank of China.

After the payment arrives, the bank will give you a receipt, if the prompt payment period is exceeded, the payer's bank can not pay. After the drawee to the account opening bank, you can do the account after getting the bank receipt, if it is the previous sales to do the accounts receivable, this time in the company's account books should be filled in: borrow:

Bank Deposits, Credit: Accounts Receivable. The bookkeeping is complete.

If it is a sales invoice issued at that time, and the guessed cash check is collected at that time, it should be filled in the company's account book at this time: debit: bank deposit, credit:

The main business income is filial piety. If the cost of sales is carried forward at the end of the month due tax, it should be filled in on the company's account books: debit:

Cost of Principal Operations, Credit: Inventory Goods. When withdrawing cash, it should be filled in the company's account books:

Borrow: cash in hand, credit: bank deposits.

Saturdays and Sundays are included. The cheque is valid for 10 calendar days from the next day after the cheque is issued.

Since cheques are a means of immediate payment in place of cash, they have a shorter validity period. China's "Negotiable Instruments Law" stipulates that the bearer of the cheque shall prompt payment within 10 days from the date of issuance; The time limit for prompting payment of cheques used in other places shall be separately stipulated by the Chinese People's Bank Book Procession.

If the prompt payment period is exceeded, the payer may not pay;

Article 91 of the Negotiable Instruments Law of the People's Republic of China: The bearer of the cheque shall prompt payment within 10 days from the date of issuance; The time limit for prompting payment of cheques used in other places shall be separately stipulated by the People's Bank of China. If the time limit for prompt payment is exceeded, the payer may not pay the payment; If the payer does not pay, the drawer shall still bear the responsibility for the instrument to the holder.