You can print your own cheques in canada, but it's a complicated process. You have to buy the blank cheque stock paper, MICR ink and the necessary software. You also need to know how to write a cheque correctly to avoid any problems. It's a good idea to practice writing a few cheques before you actually try to use them.
If you want to save time and money, you should consider using a cheque printing service in canada. Companies like PostGrid offer an API to print and mail cheques on your behalf. This is an affordable and efficient option for businesses that need to pay vendors by cheque. They can even print a company logo on the check, which helps with transpromotional marketing.
Using a cheque printing service is cheaper than purchasing cheques from the bank. Most banks do not manufacture their own cheques. They have to outsource this job to third-party cheque printing services in the US. These companies charge a lot of money to make these products and then pass the cost along to their customers. You can find a company in Gananoque, Ontario that sells custom-made cheque books for about half the price of what you'd pay at the bank.
This company also offers a variety of other financial services including a high interest savings account and business chequing accounts. If you're thinking of switching to a new bank, Motive Financial is worth checking out. They have a competitive chequing account and a 3.00% RRSP contribution rate.
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