FlyerTalk Forums - View Single Post - Can you survive without paper cheques?

Jan 14, 2014 | 9:06 am

#12

Jono

Join Date: Dec 2002

Location: Toronto

Posts: 486

Quote:

Originally Posted by Jasper2009

I´ve seen a few ads from banks which offer customers to deposit cheques using an app on their smartphone - but I haven´t looked into that.

I use both ING Direct and CIBC apps that have this feature. It is very convenient. The only problem I have found is when cheques are made payable to me and my spouse, then we can only deposit it into a joint account. Otherwise extremely convenient.

Quote:

Originally Posted by mapleg

I just looked on a website known for cost savings deals and some posters were saying their bank used to charge $25, but now charges $40 (for 200). A company called Davis+Henderson seems to be the main one used by Canadian chartered banks.

I have purchased personalized cheques from ASAP Cheques in the past year. They charged around $25 for a set of duplicating cheques that my D+H was going to charge me over $40.

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