Banking
While most Canadians do their banking online and pay for things with a credit card, for some items you may need a certified cheque. If you’re looking to buy something like a car or home, sellers may require this type of cheque. You might be wondering why a piece of paper is so important to […]
Are you Wise about global money transfers? Sending money from one country to another has never been so easy. In the past, international money transfers had restrictive conditions. The main service providers were companies such as Western Union and MoneyGram. Nowadays, an increasing number of online financial technology companies allow you to send money abroad […]
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 […]
Have you ever heard of Chime? It’s a popular banking app in the United States that has gained quite a following. With its sleek design, user-friendly features, and no hidden fees, it’s no wonder that many Canadians have been eagerly awaiting its arrival north of the border. Unfortunately, Chime is not yet available in Canada. […]
If you’re a Canadian who has heard about Zelle and is wondering if you can use it to send money, I have some bad news for you. Zelle, a popular peer-to-peer payment platform in the United States, is not yet available in Canada. But don’t fret, because there are alternative options that can help you […]
If you’re a resident of the Great White North, you may be on the hunt for the perfect online banking solution. One name that might have come up in your research is N26. However, you may be disappointed to learn that N26 is not yet available in Canada. But fear not! We’ve got you covered […]
Over the past few years, many online banks have built reputations for offering competitive financial products. Tangerine and EQ Bank are no exception. In fact, if you decide to constantly hunt down the most competitive rates for every single financial product, chances are that you will eventually sign up for both banks. That being said, […]
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 […]
In the heart of Canada’s big-sky country, one province will always feel like home to me – even though my time there wasn’t long enough. Saskatchewan is where I kicked off my career in finance, but more importantly, it’s where I learned the value of a people-before-profits banking philosophy. That’s why certain banks in Saskatchewan […]
Neo Financial and EQ Bank are two of the best online banks in Canada. With the cost of living still a hot-button issue, we can’t escape the headlines or hellish prices. But these two Canadian fintech trailblazers are helping Canucks stay afloat in challenging times – and giving the Big Six a run for their […]
For many Canadians, banking means using one of the big five banks in Canada. These banks allow Canadians to access everyday financial services like personal and commercial banking, mortgages, and credit cards. But as services become increasingly digital and online, there are online challengers that are looking to disrupt the Canadian banking sector. This ultimate […]
