This will be a four part series on the four most overhyped, most pernicious pipedreams sold to the public in the guise of a Be Your Own Boss (BYOB) dream, where I examine the many pitfalls these endevours entail and why they are not for everyone and unless you have specialized knowledge in the field, [...]
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New cheque standards
Thursday, June 28th, 2007
Starting July 1, 2007, we all in Canada were supposed to use new, CPA compliant cheques. Banks will be processing cheques electronically, without passing physical paper cheques among branches or back to the customers.
To allow for electronic scanning, Canadian Payments Association mandated certain areas of interest on cheques must meet new standards.
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