All Questions
50
questions
0
votes
0
answers
75
views
USA to CA transfer
I am located in Canada. My friend was sending me some money. She is located in South Carolina and sending via bank to bank transfer. Transfer was made two weeks ago and still has not been received on ...
- 1
0
votes
1
answer
217
views
Does anyone know where the rules for printing/writing checks are defined?
I know this is somewhat offtopic, but I'm really not sure where else to ask:
I've got an idea for (mildly) improving check security. Something similar has been done in the past, but that was decades ...
- 48.8k
0
votes
1
answer
13k
views
What is the IBAN number of an account in Canada?
I need to make a wire transfer from Europe to Canada through the banks.
Europe is using IBAN code system for wire transfer. It has a 26 digit code.
Canada is using SWIFT code system for wire transfer. ...
- 101
3
votes
1
answer
4k
views
Is the Interac e-Transfer email-to-bank-account mapping unique?
A mechanism (Interac) in the Canadian banking system permits people to send amounts less than $3,000 over email.
This also works for transferring funds between two accounts held by the same person at ...
- 133
-1
votes
1
answer
2k
views
How can I provide proof of ownership of a bank account?
I set up a gambling account ended up making a large amount of money. I have verified my ID and proof of address and I want to withdraw, but I need a proof of ownership of the bank account that funded ...
- 157
16
votes
6
answers
5k
views
While transitioning to a new (online) bank is it OK to have my money split between two banks?
I used to keep all my money with one bank. I recently opened an account with another bank and have slowly been transitioning towards them. I have multiple jobs and sources of income. Now when someone ...
- 497
4
votes
1
answer
312
views
What is the difference between a checking account and savings account?
I understand the exact difference will vary from bank to bank. But in general, I understand that savings accounts have a higher interest than checking. So if it's that simple why not always use the ...
- 1,119
0
votes
0
answers
58
views
How to setup a canadian CIBC bank account, from the US?
I am an international student (US citizen currently residing in the US). I will be going to university in Toronto Canada in a couple of weeks. I have arranged to pay rent for a single room apartment, ...
1
vote
1
answer
668
views
Is it suspicious to send $10K via Interac e-Transfer by dividing it into 4 transfers of $2.5K each?
At my bank, there is a $3,000 daily limit and $10,000 weekly limit on Interac e-Transfers. Will the bank or regulatory authorities be suspicious if I decide to use Interac e-Transfer to send $10,000 (...
- 17.1k
0
votes
1
answer
1k
views
Can a stolen Government cheque be cashed by someone else?
I received a trillium check in the mail, I didn't sign it yet. The cheque was stolen and I want to know if she signs the cheque and deposits it into her ATM can she withdrawal the money right away?
0
votes
0
answers
78
views
Canadian and PayPal account linked to US bank
If a Canadian citizen has a US fund bank account in Canada, can they open a PayPal account and link the US fund bank account to it? They will not have a US address since they only have the US bank ...
- 1
1
vote
1
answer
289
views
Cashing a UK Bank issued check in US Dollars in Canada
I have a cheque from a UK Bank I need to deposit. I live in Canada. The funds on the cheque are in USD. My Canadian Bank isn't able to accept the cheque since the funds are issued by a UK bank but ...
- 11
1
vote
1
answer
214
views
Will I have a problem buying a large bank draft with wrong address on my ID?
I'm in the middle of a cash real estate purchase and will need a fairly large (close to $100k) bank draft in the next few days. I just realized the address on my photo ID is out of date, and my bank ...
- 586
3
votes
1
answer
926
views
Is there a limit to how large a bill I can pay from a bank account?
If I have a checking account, can I use it pay large bills using online banking without encountering any difficulties? I intend to pay a bill of $20k+ to an educational institution. It will be a bill ...
- 17.1k
0
votes
0
answers
69
views
Is a non-resident allowed to receive money transfers from other non-residents to help them pay for things in Canada?
Suppose a parent has two children: child A and child B. Both children are 18+. The parent, child A, and child B are all non-citizens and non-residents of Canada; they do not live in Canada. Child A ...
- 17.1k