Decoding The Power Of The Void Cheque In The Canadian Financial Landscape

In the vast landscape of Canadian finance, one often stumbles upon the enigmatic entity known as the "void cheque." From its peculiar name to its mysterious purpose, this humble piece of paper holds significant influence within the Canadian banking system. Today, we embark on a journey to demystify the void cheque, unveiling its essence and…

ByJohn WilsonJuly 4, 2023

Banking Personal Finance

TD Void Cheques In Canada, Explained

In today's fast-paced financial landscape, managing your money efficiently is essential. Whether you're setting up direct deposits, authorizing automatic bill payments, or simply verifying your account details, void cheques play a crucial role. Among the various financial institutions in Canada, TD Bank stands as a reputable choice for many Canadians. In this comprehensive guide, we…

ByJohn WilsonJuly 4, 2023

Banking Personal Finance

Desjardins Void Cheques: A Guide For Canadians

In the realm of personal finance, having a solid understanding of banking procedures and tools is essential. One such tool that holds great importance for Canadians is the Desjardins void cheque. Whether you need it for setting up direct deposit, linking accounts, or verifying your banking information, a void cheque can be a powerful ally.…

ByJohn WilsonJune 28, 2023

an icon of a canadian bank, representing transit numbers

Banking Personal Finance

What is a Transit Number in Canada?

Are you looking to make a money transfer or set up direct deposit for your paycheck in Canada? If so, you may have come across the term "transit number" and wondered what exactly it is and how it's used. In this blog post, we'll delve into the world of Canadian transit numbers and explain everything…

ByJohn WilsonJanuary 24, 2023

a bank vault, representing the safety of financial institutions

Banking Personal Finance

What is a Financial Institution Number (FIN) in Canada?

If you're a Canadian resident or business owner, it's likely that you've come across the term "Financial Institution Number" or FIN at some point. But what exactly is a FIN? How does it apply to you? The short answer is that The FIN is the 3-digit number identifying a financial institution. It is for example…

ByJohn WilsonJanuary 24, 2023

an american cheque sitting on a bank counter

Banking Personal Finance

How To Deposit A US Cheque In Canada?

Are you in need of depositing a U.S. dollar cheque in Canada, but not sure how to go about it? No need to worry – it's actually quite a simple process! Here's a step-by-step guide on how to deposit a USD cheque in Canada: 1. Verify If Your Bank Can Deposit A US Dollar Cheque…

ByJohn WilsonJanuary 23, 2023

two phones transferring money between each other

Banking Personal Finance

What Is The Maximum Amount For E-Transfer?

TLDR: You can transfer up to $3,000 per single transfer and up to $10,000 total for a period of 7 days. Are you a fan of using e-Transfers to send and receive money quickly and easily? If so, you may be wondering just how much money you can send through this convenient service. After all,…

ByJohn WilsonJanuary 20, 2023

2 people with cellphones transferring money with an e-transfer

Banking Personal Finance

How To Cancel E-Transfers In Canada

As Canadians, we're no strangers to using Interac e-transfers as a quick and easy way to send and receive money. But what happens when you need to cancel an Interac e-transfer that you've sent, or if you've received an e-transfer that you no longer want or need? First off, it's important to note that e-transfers…

ByJohn WilsonJanuary 19, 2023

Banking Personal Finance

What Is The Value Of A Canadian $2 Bill?

Are you feeling nostalgically Canadian today? Is a roll of toonies just not cutting it for you? Do you want to pull out a good old fashioned $2 bill to pay for your double-double at Tim Hortons? Well, hold on to your maple leaf-covered wallets because you might be surprised to learn about the value…

ByJohn WilsonJanuary 19, 2023

Bank of Canada one dollar note 1935, front side

Banking Personal Finance

What Is The Value Of A Canadian $1 Bill?

As Canadians, we often take our currency for granted. We pull out a toonie to pay for our morning coffee or swipe our debit cards without a second thought. But have you ever stopped to consider the value of an old Canadian $1 bill? The answer ranges from $1 to $7000. We’ll see why in…

ByJohn WilsonJanuary 18, 2023