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 ...

Cheques and bank drafts are provided by a bank to its customers in order to make payments for goods and services. While they may sound similar to one another, there are a number of important ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader ...

Know how to write a cheque by following this five-step method so you can accurately make payments and deposits across Canada. Many or all of the products on this page are from partners who compensate ...

Add articles to your saved list and come back to them any time. To support the system the bank agrees to pay the amount n the cheque when it is properly presented, assuming there are sufficient funds ...