Social Security certificates issued on payment: immediate if funds cleared, otherwise dated on instrument encashment. Certificates are issued immediately when payment is made in cleared funds and dated on that payment date; payments by cheque, pay order or demand draft ... Summary
Social Security certificates issued on payment: immediate if funds cleared, otherwise dated on instrument encashment.
Certificates are issued immediately when payment is made in cleared funds and dated on that payment date; payments by cheque, pay order or demand draft are not acted on until proceeds are realised and the certificate is dated on encashment; if a certificate cannot be issued immediately a provisional receipt is given and the certificate's date follows the applicable payment or encashment rule.
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