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Sending paper cheques may soon be a thing of the past — and it could be thanks to COVID-19. The global novel coronavirus pandemic that shut down many businesses and forced much of the workforce ...
The cheque was first cashed in July 2022 — and again in December 2023. Banks don't have to cash a cheque if it's too old, which is usually six months after the date it's issued.
The cheque as we know it has been around for 300 years, while the Interac e-transfer dates back 15 years. But recent trends suggest e-transfers could overtake cheques in popularity in a year or two.
Fancy cheque not worth the paper it’s printed on KITCHENER — A Kitchener senior who got what looked like a legitimate cheque for $3,950 in the mail last week is warning other residents not to ...
There will come a day when paper cheques are no longer used in Canada – although it's some way off. New imaging technology is changing the way we bank and how we monitor our personal finances ...
The paper cheque has outlived its usefulness and it's time to get rid of it, says a report from the C.D. Howe Institute, a public policy think-tank.
Reality cheque: Will paper cheques soon be a thing of the past for small business? Not if new options cost as much or more than traditional payment methods, which we cannot let happen: CFIB By Doug ...
In the paper cheque system, “it’s a good old staple that attaches the data to the cheque,” says Knotek. “That’s the way this industry has worked for a long time.”” ...
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