Scotiabank Specimen Cheque - How to Understand It, How to Find It

Have you ever been asked to provide a Specimen Cheque but don’t have any idea what information they contain or how to obtain one? Why are they so important anyway? The reason you need to understand the inner workings of specimen cheques are because they allow you to share your banking information with others. Specimen cheques are still very useful when it comes to getting paid or pre-authorizing payments. Though they are not widely used in Canada, there still might come a point where you need to provide a specimen cheque to someone, and we’re here to guide you through the process.

How to Understand a Scotiabank Specimen Cheque

Your Scotiabank Specimen Cheque can be found in your online banking portal, but you might not be familiar with how it works or what each important feature on the cheque means. We are going to breakdown the important key features on a specimen cheque in Canada so you can be a banking whiz.

#1 Home Address

#2 Transit Number

#3 Institution Number

#4 Account Number (Folio Number)

Finding Your Specimen Cheque in Your Online Portal

If you’re old school and still have a cheque book, you’d be able to easily access a specimen cheque (or void cheque) from there. But the vast majority of people have switched to online banking which allows you to do your banking paperlessly, and have access to all your information at your fingertips. Obtaining a specimen cheque is as easy as logging into your online portal. So let us break it down step by step:

It’s really that simple! Now you understand what your Specimen Cheque should contain, why you might need one, and how to access it. At Insurdinary, we believe in educating our community so that Canadians like you can make educated financial decisions.

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