From pre-authorizing payments to getting paid, sample cheques still come in handy… even though cheques are rarely used in Canada. The main reason you need an ATB sample cheque is to share your banking information with someone else.
Understanding Your ATB Sample Cheque
If you know what the numbers at the bottom of your ATB sample cheque mean, you can probably just share them… without having to go looking for a Sample Cheque in your banking portal every time someone asks for one.
So, here are the important features of a cheque in Canada that you should be able to recognize by looking at one :
1. Your home address
This is the information you don’t need to look at a sample cheque to know. However, it is often needed by those who ask you for a sample cheque.
2. Your branch address
This is the address of your ATB branch. Note that some ATB branches have more than one point of service.
3. Your branch transit number
This is a 5-digit number that identifies the ATB branch to which your bank account is associated.
4. Your bank Institution Number
The institution number is a three-digit number that identifies the financial institution you are dealing with, regardless of the branch you have chosen. ATB ’s institution number is 219.
5. Your account number (or folio number)
The account (or folio) number is the identifier for your bank account. Without the transit number and institution number, it cannot be used to transfer money. As a result, it is the most sensitive information you will find on your sample cheque, as it is the number that is associated with your bank account. This number varies in length depending on the financial institution but generally ranges from 7 to 12 digits.
How to find your sample cheque on the ATB online portal
Before the Internet, a sample cheque was a paper cheque with “SAMPLE” or “VOID” written on it to ensure that the cheque could not be used. If you have a chequebook, you can still do this. In fact, a sample cheque is a document that contains all the information displayed on a cheque, so you can still do it that way.
If you don't have a chequebook, there is a simple alternative. Unlike some financial institutions, which allow a sample cheque to be downloaded from their client portal, ATB invites its clients to download a document that works the same way, a direct deposit form that you will need to complete yourself. Indeed, once you have completed the form, it will contain all the information available on a cheque and anyone who asks you for a sample cheque will accept it. Here are the steps to download and complete the ATB Financial direct deposit form:
- To download the ATB Financial direct deposit form, click here: https://www.atb.com/siteassets/resources/personal/404463directdepositform.pdf;
- To find your account and transit number, log into the ATB your account at: ATB Online Banking | Login
- Then, select the “Accounts” tab and, under “Account Summary”, you will find your current accounts and their numbers. With the first three digits, add a 0 to the front and a 9 afterwards, and this is your transit number. (e.g. 760 becomes 07609. The remaining 11 digits are your account number.
Now you know all it takes to find your account information as an ATB customer! Furthermore, you should now be able to write a cheque.
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About The Author: Arthur Dubois
Passionate about personal finance and financial technology, Arthur Dubois is a writer and SEO specialist at Hardbacon. Since his arrival in Canada, he’s built his credit score from nothing.
Arthur invests in the stock market but doesn’t pay any fees because he uses National Bank Direct Brokerage online broker and Wealthsimple’s robo-advisor. He pays for his subscriptions online with his KOHO prepaid card, and uses his Tangerine credit card for most of his in-store purchases. When he buys bitcoins, it’s with the BitBuy online platform. Of course it goes without saying that he uses the Hardbacon app so that he can manage all of his finances from one convenient place.
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