A void cheque is a standard cheque marked with "VOID" to prevent its use for transactions. It provides essential banking details—such as the account number, transit number, and institution number—needed for processes like direct deposits and automated payments.

Digital banks have increased in popularity over recent years. The lack of overhead costs allows digital banks to pass on […]

With the increase in the use of digital transactions, protecting your bank account has never been more important. There is […]

Although it may seem like all banking systems are created equally, at least in countries with similar economic conditions, you'll […]

Contributing Author: Deborah Orlievsky Writer/Editor It is imperative to know your RBC (Royal Bank of Canada) institution number if you […]

Did you know that, according to the Canadian Bankers Association, there are over 5,000 bank branches in Canada? Additionally, in […]

Have you ever been asked to provide a Specimen Cheque but don’t have any idea what information they contain or […]

Are you looking to earn interest with an excellent savings account at a credit union? Learn more about local credit […]

Every year, digital banking becomes more commonplace in Canada. As banks continue to digitize their services, more online-only banks have […]

A chequing account that sounds too good to be true but that's actually real? It might be one way to […]