Banking
As one of Canada’s largest banks, BMO Bank of Montreal’s automated teller machines (ATMs) are found across the country. These machines allow BMO customers to make withdrawals and deposits, but can also be used by customers of other banks to withdraw cash. Here’s what we think about BMO’s ATMs. What currency denominations can I withdraw […]
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 a Bank of Montreal (BMO) sample cheque is to share your banking information with someone else. Understanding Your BMO Sample Cheque If you know what the numbers at the […]
Cheques are still a widely used method of payment. To write a cheque, simply order a cheque book and fill in all the necessary fields: date, amount, name of recipient, your signature and the memo. Of course, many people have turned to more modern, digital payment methods. They’ve moved to Interac e-transfers or Canadian alternatives […]
Are you looking for a secure way to send money? If so, you might want to consider a money order. No bank account? No problem! You can still send and receive money. If you’re sending someone money by traditional mail, a money order is one of your best options. They are a secure payment that […]
No one is immune to the possibility of a bank or credit union failure, no matter how unlikely it may seem. That’s where Canada Deposit Insurance Corporation (CDIC) comes in because the risk of a bank run is low but never zero. Force majeure or not, the CDIC protects your money by providing deposit insurance […]
Anyone who follows finance, and even those who don’t, have probably heard about the March 2023 Silicon Valley Bank (SVB) bank run. The failure of SVB marks the largest U.S. bank failure since 2008. The alarming news has left many of us wondering if our own banking institutions are at risk of a Canadian bank […]
As one of Canada’s five largest banks, Royal Bank of Canada (RBC) Automated Teller Machines (ATMs) can be found across the country. These machines allow RBC customers to make withdrawals and deposits, but can also be used by customers of other banks to withdraw cash too. So here’s our review of RBC ATMs. What denominations […]
Looking for a Desjardins automated teller machine (ATM)? Desjardins is not a large Canadian bank, it’s a federation of credit unions in North America. But the financial institution has a profound footprint in Quebec, and its ATMs are ubiquitous. Desjardins ATMs allow their customers to make withdrawals and deposits on their bank accounts, but can […]
Looking for a Laurentian Bank ATM? Laurentian Bank is a small regional bank with ATMs located primarily in Quebec. These ATMs allow Laurentian Bank customers to make withdrawals and deposits, but can also be used by customers of other banks to withdraw cash. Here is our opinion on Laurentian Bank ATMs. What bill denominations can […]
Looking for a TD ATM? As one of the five largest banks in Canada, the Toronto-Dominion Bank (TD) has ATMs across the country. These machines allow TD customers to make withdrawals and deposits, but can also be used by customers of other banks to withdraw cash. So here’s our review of TD ATMs. What denominations […]
As one of Canada’s five largest banks, Canadian Imperial Bank of Commerce (CIBC) automated teller machines (ATMs) can be found across the country. These ATMs allow CIBC customers to make withdrawals and deposits, but can also be used by customers of other banks to withdraw cash. Here’s our review of CIBC ATMs. What denominations of […]
As one of Canada’s five largest banks, Scotiabank Automated Teller Machines (ATMs) can be found across the country. These machines allow Scotiabank customers to make withdrawals and deposits, but can also be used by customers of other banks to withdraw cash. Here is our review of Scotiabank ATMs. What denominations of bills can be withdrawn […]
