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we have arranged with a local bank to accept our PDCs as deposits and the bank will credit our account on schedule. based from actual practice: Post Dated Check or (PDC) shall be arranged according to due dates, shall be kept inside the office vault or deposited to the bank for safekeeping and upon due date Official Receipt or OR will be issued against the check, and that's the time it will be encoded in the system as deductions to Accounts Receivable..