While looking at one of my bank statements recently there were messages stating how everyone with personal and business accounts will have to comply with a new standard in the way cheques are produced as the new ones are more “image friendlyâ€.
You can learn more about it from the Canadian Payments Association site at http://www.cdnpay.ca/ where it outlines everything. I personally had all of my business cheques done awhile ago and so I personally don’t have to worry about this. If you haven’t already you may want to head to your bank and get it over with.