Search results
… Cheque use is steadily declining as electronic alternatives gain in popularity, but Canadians still use close to a billion cheques each year. A cheque is a written "order to pay", … When you deposit a cheque, your financial institution updates your account records to show a deposit of the amount …
… Cheques and paper items are declining steadily, yet they remain one … payment methods for many businesses in Canada. Writing a cheque When writing a cheque, it's important to use dark ink … institution(FI). When preparing your deposits, review the date on each cheque. Post-dated Cheques shouldn't be …
… Self Accreditation Program Payments Canada, its members and the Canadian Cheque Manufacturers Industry Group created the Cheque … can re-apply following a period of one year from the date of withdrawal. The printer will have to pay the …
… OTTAWA, May 9, 2017 – Dropping the $1,000 note and penny from … seems willing to change with a majority ready to drop cheques altogether and half willing to do the same with … (less than 15 per cent) have adopted such innovations to date. When asked, 66 per cent of respondents are willing …
… 2021 was a big year for advancing modern payments in Canada. In … (ACSS). In December 2021, Payments Canada published an updated Delivery Roadmap confirming the introduction of … We couldn't have been successful in the launch of Lynx without the industry’s participation and the same is true of …
… The 2023 Payments Canada SUMMIT concluded today, marking the end of Payments Canada’s largest event to date. Over the course of two-and-a-half days, more than … success of this year’s event would not have been possible without support from the speakers, sponsors and delegates …
… Bylaws, Rules or Standards in review Description of change Board meeting date Rule effective date Status Rule L3 Amendments to change … the return reasons for bank drafts and certified cheques. September 15, 2022 November 14, 2022 Published Lynx …
… In the cheque imaging world, duplicate payment items (duplicates) are risky … light of Canada's transition to an imaging environment, updates to other elements of the BEA, such as provisions for …
… Late last year, Canada’s largest financial institutions … collaboration was a huge part of SecureKey’s success to date. Can you tell us a bit more about it? This is a very … do. That means having all of the efficiencies of digital ID without sharing too much information. It’s about asking “are …