Our banking and finance hub is dedicated to answering questions people have in regards to banking, transactions, accounts, credit cards and finance.
If a check is deposited for the wrong amount, the bank will detect the error and return the cheque as Wrong Amount. If the bank does not catch the error, you should report it as soon as possible. A cheque can be deposited into an… Read More »What to do When Check is Deposited for Wrong Amount?
With your bank statement, someone will get access to your full name, address, home branch, account balances, and day-to-day transactions. In the hands of the wrong person, a personal bank statement can reveal a lot about someone’s life. Nowadays, most people are subscribed to paperless… Read More »What Can Someone Do With Your Bank Statement?
Yes, bank tellers can move up in a bank to rewarding positions in managerial and executive roles. If you have a relevant degree and bring qualifications, you can get promotions to move into various positions at the bank. A typical big bank will have several… Read More »Can Bank Tellers Move Up?
Bank tellers can have tattoos, even if they are visible while wearing the bank’s standard dress code. Most banks will only have an issue if your tattoos are either excessive or offensive. In recent years, many banks have become lenient towards body art and tattoos.… Read More »Can Bank Tellers Have Tattoos?
After clearing your debt, you will need to wait until your credit report is updated to get a mortgage. Every lender reports to the credit bureau at different times, but the general timeline is 30 to 60 days. If you are under a tight timeline,… Read More »How Long After Clearing Debt Can I Get a Mortgage
A standing order in banking is authorization provided by the account holder to the financial institution to make a one-time or recurring payment. It is also referred to as standing instructions. Most banks and credit unions will allow their customers to set up a standing… Read More »What is a Standing Order in Banking?
A car loan can affect your mortgage application in a negative way, by reducing the amount of mortgage you qualify for. A car loan can increase your debt-to-income ratio, which can lower the mortgage amount you qualify for. An automotive financing car loan will show… Read More »Does a Car Loan Affect Your Mortgage Application?
A bank can verify a check and know it’s good by calling the payer bank and providing them with the name of the payer, home transit number and account number. The payer bank will check the account to see if there is sufficient funds in… Read More »How Do Banks Verify Checks to Know its Good
In Q4 of 2020, the FintTech neobank, Chime, has opened it’s first office outside the U.S and began work in Canada. Chime says they hope to have 100 employees working in the Vancouver, Canada office by the end of 2021. Chime is the U.S equivalent… Read More »Does Chime Work in Canada?
You can find out where an electronic deposit came from by requesting your bank to initiate a trace request using the originator identification number and ACH item trace number. The originator identification number is used to identify the merchant sending or receiving the payment. The… Read More »How to Find Out Where an Electronic Deposit Came From?
Bank tellers can see your bank balance and transactions on your savings, chequing, investment, credit card, mortgage and loan accounts. Bank tellers can also see your personal information such as address, email, phone number and social insurance number. Although it’s not needed to review this… Read More »Can Bank Tellers See My Balance and Account Information?