Does canada hold indistinguishable checking description system as the US?
When they write a check, does their check also hold routing number, statement number? Does Canada's checking system also work next to ACH?
Answers:
yes, shake, it aint a foreign lands similar to Africa or Nebraska
Pretty much same system as the US. Other than that, I don't know what ACH funds, sorry.
Yes our cheques enjoy indistinguishable things you describe such as routing numbers etc. I don' know what ACH is any but I enjoy sent cheques to the US and have them cashed and I can cash american cheques at my edge so I suppose the system is capably integrated..
Also we spell cheques differently than you!
Canada Dollars are not worth indistinguishable as US Dollars.
Each nation have a bank system i.e. competent to adopt money from the bank system of any other nation, such as via checks, bank clerk's checks, money directions, flex transfers, you christen it, but after the money wants to hold a currency conversion.
ACH is a type of electronic funds verbs, which can be done between bank contained by any nation surrounded by the world.
For heaps businesses, nearby is an lead by have money travel directly between the bank of our customers vendor and our mound side. We do not enjoy to own an hand mitt carrying plentifully of money to the dune (risk of mugging), and we also save that out of the snail letters. The money is now deposited within our portrayal.
But in that have to be an accompanying history of what the money is for. There can be problems at hand, but they largely are next to the companies that off-shore out-source their accounting to personnel who do not understnand accounting, bank, business etc. so that when you ask them for such things as "remittance direction information bank what invoices the money verbs be for" they hold no thought what you are discussion just about because not a soul have ever explained to them the aim of such concepts as:
* remittance guidance
* invoices
* money verbs
Each Nation have bank, operating in a set of command rules that might not neccessarily be tantamount to those of a different nation, but adjectives competent to cooperate inwardly International bank.
http://www.imf.org/external/np/rosc/can/...
The really big bank contained by both USA and Canada hold branches contained by both nation, and also surrounded by other nation around the world.
In the USA, the bank system is run by the Federal Reserve, set as "The Fed"
http://www.federalreserve.gov/general.ht...
The USA also have Savings & Loan bank which are lower than the control of the individual State government.
In Canada in attendance are domestic bank and foreign banks
http://www.fin.gc.ca/toce/1995/fctshtsum...
http://ideas.repec.org/p/bca/bocatr/81.h...
http://www.bank-banque-canada.ca/en/fina...
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Answers:
yes, shake, it aint a foreign lands similar to Africa or Nebraska
Pretty much same system as the US. Other than that, I don't know what ACH funds, sorry.
Yes our cheques enjoy indistinguishable things you describe such as routing numbers etc. I don' know what ACH is any but I enjoy sent cheques to the US and have them cashed and I can cash american cheques at my edge so I suppose the system is capably integrated..
Also we spell cheques differently than you!
Canada Dollars are not worth indistinguishable as US Dollars.
Each nation have a bank system i.e. competent to adopt money from the bank system of any other nation, such as via checks, bank clerk's checks, money directions, flex transfers, you christen it, but after the money wants to hold a currency conversion.
ACH is a type of electronic funds verbs, which can be done between bank contained by any nation surrounded by the world.
For heaps businesses, nearby is an lead by have money travel directly between the bank of our customers vendor and our mound side. We do not enjoy to own an hand mitt carrying plentifully of money to the dune (risk of mugging), and we also save that out of the snail letters. The money is now deposited within our portrayal.
But in that have to be an accompanying history of what the money is for. There can be problems at hand, but they largely are next to the companies that off-shore out-source their accounting to personnel who do not understnand accounting, bank, business etc. so that when you ask them for such things as "remittance direction information bank what invoices the money verbs be for" they hold no thought what you are discussion just about because not a soul have ever explained to them the aim of such concepts as:
* remittance guidance
* invoices
* money verbs
Each Nation have bank, operating in a set of command rules that might not neccessarily be tantamount to those of a different nation, but adjectives competent to cooperate inwardly International bank.
http://www.imf.org/external/np/rosc/can/...
The really big bank contained by both USA and Canada hold branches contained by both nation, and also surrounded by other nation around the world.
In the USA, the bank system is run by the Federal Reserve, set as "The Fed"
http://www.federalreserve.gov/general.ht...
The USA also have Savings & Loan bank which are lower than the control of the individual State government.
In Canada in attendance are domestic bank and foreign banks
http://www.fin.gc.ca/toce/1995/fctshtsum...
http://ideas.repec.org/p/bca/bocatr/81.h...
http://www.bank-banque-canada.ca/en/fina...