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In such instances, one's checking account might be overdrawn, as the check might be paid before the drawer was ready to have it paid.
As such, it makes sense for a drawer to alert his or her banking institution as to the postdated checks in question to at least have greater assurance that his or her checking account will not be overdrawn.
In other words, postdated checks only become "functional" after the date mentioned on the checks.
This means that the initial holder of postdated checks cannot use them until the date on the checks has come.
Either is acceptable, provided that both you and the other party intended it.
This is not necessarily true, however, as there are some banks that will actually accept postdated checks and will deposit funds into the check holder's account in exchange for the postdated checks, even before the date of the check's date has come.
The primary distinction of postdated checks in this instance, then, is that a postdated check cannot be drawn from the checking account of the drawer on a date prior the date listed on the check.
She teaches and speaks all over the country on banking law matters.
Postdated checks are written to be drawn from the checking account only after a certain date.