1 Cheques and Bank Statements. Cheques Date Indicates the date the cheque can be cashed Post-dated cheques are written in advance Identification Numbers.

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Presentation transcript:

1 Cheques and Bank Statements

Cheques Date Indicates the date the cheque can be cashed Post-dated cheques are written in advance Identification Numbers Cheque Number Branch Transit Number Bank Number Account Number

Cheques Payee Enter the name of the person or the company to whom you are going to give the cheque. Amount of Cheque Numerals and Words Don’t leave extra space Follow the written dollar amount by drawing a line to the 100 at the end of the line. Write the amount of cents over the number 100.

Cheques Name Your personal information is printed here. Signature Must be reasonably close to the way you signed your name when you opened your account Memo Use this space to note why you wrote the cheque. If you are paying a bill, this is a good place to put information requested by the company.

Cheques Endorsements Signing over cheque to someone else 3 Kinds Blank endorsement Anyone can cash cheque Restrictive endorsement More secure than blank endorsement Special (or full) endorsement Transfer cheque to someone else

Bank Statements Show all details of your banking history Paper Statements Often have associated charge now E-statements Pdf or online document Usually free