Although cheques are not as popular as before, due to the rise of digitalism, a specimen cheque Desjardin can be helpful as you can submit it to your employer to pay you by direct deposit in certain situations.
Also, a Desjardins void cheque is mainly used when you want to sign up for a direct deposit or withdrawal service. It serves as a way of sharing your banking information with a third party and authorizing them to withdraw or deposit an agreed-upon amount from or into the bank account.
Let’s examine what a specimen cheque Desjardins entails, how to get and read it, and its uses.
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Understanding The Specimen Cheque Desjardins
- Although cheques are not as popular as before, due to the rise of digitalism, a specimen cheque Desjardin can be helpful as you can submit it to your employer to pay you by direct deposit in certain situations.
- Let’s examine what a specimen cheque Desjardins entails, how to get and read it, and its uses.
What Are Specimen Cheque Desjardins
A “specimen cheque” refers to a sample or example of a cheque. It demonstrates or represents what a cheque from a particular institution, such as Desjardins, looks like. A specimen cheque is typically used for informational or illustrative purposes rather than being a usable cheque. It serves as a visual reference to understand the layout and design of a cheque from a specific bank or organization.
A specimen cheque Desjardins represents the original cheque that is not used as an actual cheque but can serve some informational purposes. The Desjardins cheques can be helpful when making pre-authorized debits, such as insurance payments, rent, or mortgages.
How to Get Specimen Cheque Desjardins
One of the easiest ways to get a specimen cheque Desjardins is to write “VOID” across the front of a Desjardins chequebook using a pen. This is only applicable if you have a specimen cheque, Desjardins.
The “VOID” written on it invalidates it and makes it a specimen, and you can share it with whoever you need to, for example, a vendor, a client, an employer, or an insurance company.
However, you can get the specimen cheque from Desjardins online if you don’t have a chequebook. Follow the steps below to get your specimen cheque Desjardins online:
- Go to Desjardins AccèsD online portal
- Dial “more options” in the right-hand menu
- Choose “Order cheques.”
- Customized your preferred cheque style and place an order of it (it can be quantities of 50 or 100)
Also, there is another way to get a Desjardins specimen cheque, and it is by downloading it online. Follow the steps below to download the specimen cheque online:
- Login to your AccèsD
- Choose “More options” and Dial “Void cheques.”
- You can save or print the void cheque as needed
How To Read a Desjardins Specimen Cheque
Follow the steps below to read a Desjardins specimen cheque:
- Go to the top left section of the cheque, where you will find the Desjardins logo and the address of the issuing branch.
- In the top right section, you will see the branch transit number and the account number of the cheque holder. The transit number identifies the specific branch of Desjardins, while the account number identifies the individual account.
- The top center section is where the date of the cheque is written. This is the date when the cheque is issued.
- In the center of the cheque, you will find the space for writing the payee’s name (the person or organization receiving the payment). This section is typically labeled as “Pay to the Order of.” The cheque amount will also be included in both numeric and written forms. Double-check that the amounts match.
- Look for the memo line below the payee section. This line allows you to provide additional information or a description related to the purpose of the payment. It is optional and not required for every cheque.
- In the bottom left section, you will find the cheque number, a unique identifier for each cheque issued. Additionally, the complete account number of the cheque holder will be displayed.
- The bottom right section contains the Magnetic Ink Character Recognition (MICR) code. This code facilitates the automated processing of cheques and includes important banking information such as the bank and branch numbers.
By reviewing these sections on a Desjardins specimen cheque, you can gather the necessary information about the issuing branch, account details, payee, amount, and other relevant details. Remember that actual cheques may vary in design, but these are the common elements found on most Desjardins cheques.
How To Write a Desjardins Cheque
Follow the steps below to write a Desjardins cheque:
Date:
In the top center section of the cheque, write the current date (e.g., “June 15, 2023”). Make sure to use the full-date format.
Payee:
In the center section of the cheque, write the name of the person or organization you are paying. This section is typically labeled as “Pay to the Order of.” Ensure that the name is spelled correctly and matches the intended recipient.
Amount in Numbers:
Write the cheque amount in numbers on the same line as the payee. Start from the far left, leaving no space between the dollar sign ($) and the numbers. For example, if you write a cheque for $100, write “100.00.”
Amount in Words:
On the line below the payee, write the cheque amount in words. Begin with the dollar amount, followed by “dollars.” Use a fraction for cents, followed by “cents.” For example, if the cheque amount is $100, write “One hundred dollars and 00/100 cents.”
Memo Line (Optional):
If you have any specific instructions or want to provide additional information about the payment, write it on the memo line below the payee section. This line is optional and can be left blank if not needed.
Signature:
Sign the cheque on the bottom right line, typically labeled as “Signature.” Make sure your signature matches the one associated with your Desjardins account.
Record the Cheque:
Before submitting the cheque, it is a good practice to record the details of the cheque in your records. Note the cheque number, payee, amount, and date in a checkbook register or any personal tracking system you use.
Remember to have sufficient funds in your Desjardins account to cover the amount you write on the cheque. Always double-check the accuracy of the information before issuing the cheque.
Understanding The Specimen Cheque Desjardins
- Although cheques are not as popular as before, due to the rise of digitalism, a specimen cheque Desjardin can be helpful as you can submit it to your employer to pay you by direct deposit in certain situations.
- Let’s examine what a specimen cheque Desjardins entails, how to get and read it, and its uses.
Uses of Specimen Cheque Desjardins
A specimen cheque from Desjardins can serve various purposes, including:
Educational or Training Material:
Specimen cheques are often used by financial institutions and educational institutions to provide visual examples and explanations of how to fill out a cheque correctly. They help individuals understand the different sections, such as the payee, amount, and signature.
Demonstrations or Presentations:
Specimen cheques can be used during presentations or workshops to illustrate banking processes and transactions. They help explain how cheques work and how to write them accurately.
Account Verification:
Specimen cheques can be used by individuals or organizations to verify their account details. They provide a reference for the account number, branch transit number, and cheque format associated with Desjardins.
Marketing and Promotions:
Financial institutions may use specimen cheques for marketing or promotional purposes. They can be included in brochures, websites, or advertisements to showcase the institution’s services, including cheque-writing capabilities.
System Testing:
Specimen cheques can be used by software developers or financial institutions to test banking systems or software applications. They help ensure that the systems accurately process and handle cheque-related transactions.
It’s important to note that specimen cheques are not intended for actual financial transactions and should not be used as valid payment instruments. They are meant for informational and illustrative purposes only.
What are the Numbers on a Desjardins Cheque?
On a Desjardins cheque, you will find several numbers that serve different purposes. Here are the common numbers you can find:
Branch Transit Number: This is a five-digit number in the cheque’s top right corner. It identifies the specific Desjardins branch where the account is held.
- Account Number: The account number is usually next to the branch transit number. It is a unique number assigned to your Desjardins account. The length of the account number can vary, but it is typically between seven and twelve digits.
- Cheque Number: The cheque number is located in the bottom left corner of the cheque. It is a sequential number that helps identify each cheque you write. Each cheque you issue will have a different cheque number.
- Magnetic Ink Character Recognition (MICR) Code: The MICR code is located in the bottom right corner of the cheque. It is a series of numbers and symbols printed in magnetic ink that allows the automated processing of cheques. The MICR code contains information such as the bank, branch, and account numbers.
These numbers are essential for identifying your Desjardins account, the specific branch, and the individual cheque. It is essential to accurately provide these numbers when required, such as making electronic payments, setting up direct deposits, or conducting banking transactions.
How Many Working Days Does A Cheque Take To Clear?
The time it takes for a cheque to clear can vary depending on several factors, including the financial institution’s policies and the cheque’s specific circumstances. Generally, a cheque can take several working days to clear.
Typically, the clearing process involves the following steps:
- Deposit: When you deposit a cheque into your account, it is submitted to your financial institution.
- Processing: The financial institution processes the cheque, verifies the funds, and checks for potential issues, such as insufficient funds or fraudulent activity.
- Clearing Period: The clearing period is when the funds are transferred from the cheque writer’s account to your account. This period can range from two to five working days, but it may vary depending on the financial institution’s policies and the specific circumstances of the cheque.
It’s important to note that weekends, public holidays, and non-working days can affect the clearing timeline. Additionally, the time taken for a cheque to clear can also depend on factors such as the cheque amount, the relationship between the account holders, and any potential holds or restrictions placed on the account.
Frequently Asked Questions
What is the Cost of a Desjardins Cheque?
There is no specific cost of a Desjardins chequebook; the cost differs and is determined by the cheque style and amount you order. The more sophisticated the chequebook is, the higher the cost, and the more amount, you’re ordering, the more you are.
How Much Do Desjardin Certified Cheques Cost?
The cost of Desjardins certified cheques is $15 each. However, you must confirm the price when you want to get it, as the price might vary or change over time.
Can I Print A Desjardins Cheque Online?
Yes, you can print a Desjardins cheque online. You can easily order Desjardins cheques online, design them and customize them to your taste. However, you must meet specific requirements and must ensure you write your bank account information in magnetic ink.
Understanding The Specimen Cheque Desjardins
- Although cheques are not as popular as before, due to the rise of digitalism, a specimen cheque Desjardin can be helpful as you can submit it to your employer to pay you by direct deposit in certain situations.
- Let’s examine what a specimen cheque Desjardins entails, how to get and read it, and its uses.
Conclusion
Specimen Cheque Desjardins is mainly used for illustrative and informational purposes and cannot be used to make payments like the actual cheque. To get a specimen cheque, visit the online portal, or write “VOID” across your Desjardins chequebook.
