Candice Reeves is a financial writer based out of Nova Scotia. She specializes in personal finance, investing, and cryptocurrency. Her work is featured in leading publications across various ...
A certified cheque is a guaranteed form of payment, which means there’s no chance of insufficient funds when the cheque is cashed. Certified cheques are purchased for a fee. Many or all of the ...
Cheque Signature Rule: Every account holder should know some important rules for the use of chequebook. In the absence of correct information, a person can become a victim of big fraud. It is ...
Bank Cheque Tips: Cheques are still an important part of the banking system. Be it a business transaction or a personal payment, people still rely on cheques for big transactions. But cheques are a ...
I'm a freelance financial journalist and a regular contributor to U.S. News and CreditCards.com. I've written for Life + Money by Citi, Bankrate and The Balance, among others. You can find me on ...
In CTS, banks use scanned copies of cheques for settlement instead of the physical copy making the clearing process partially electronic Clearing of bank cheques is set to become faster. In its sixth ...
A Toronto senior who deposited a cheque with her bank and waited for it to clear found out the hard way that you can lose everything in a heartbeat when the bank changes its mind. “Clear means, to me, ...