Investing is about the future of your money – so when you choose to invest, you want to do so wisely. One of the things you will need to decide when investing is what type of investment account you want to open. Let’s talk a little more in-depth about what an investment account is and …
Whether a loved one passes away with or without warning, it always leaves people in shock during the aftermath while trying to figure out their banking and financial ties. There are different regulations set by the government and financial institutions on methods of procedure. For example, how to proceed when the deceased has left a …
What Happens to a Joint Account When Someone Dies? Read More »
Whether you are looking to send money to Canada from outside of Canada, or simply want to know when banks are open here, we will give you a general overview of bank open hours and days in Canada. Banks of the same institution may be open at different hours around the world. In most cases, …
Cancelling an e-transfer within the stipulated timeframe is easy and straightforward especially when the money has not been deposited into your account. However, if the money has been deposited, it gets a little more complicated. This piece will walk you through what you need to know about etransfer cancellation. Online banking and transactions have gained …
PayPal is often used as an alternative to the usual bank accounts we open in our local banks and other financial institutions. PayPal has many advantages because it does not require you to have a minimum amount deposited on your PayPal account. Many PayPal users often need to transfer money from their Paypal account to …
How to Transfer Money From Paypal to Bank Account [2022] Read More »
Personal banking is a type of banking that is uniquely tailored to your personal needs. So, a bank that’s good for someone else, might not be right for you. Choosing the right personal bank account can seem a bit daunting as there is a lot to choose from. It can also be a little off-putting …
Have you been asked to provide a void cheque and don’t know what it means? When you set up automatic payments for a direct deposit or a utility company, or other recurring bill payments involving your checking account, you may be asked to provide a voided cheque alongside your paperwork. Learning how to void a …
Wire transfers take a relatively short time to go through within Canada but longer if it’s an international wire transfer. Previously, wire transfer was not known in banking. Other mediums were used in sending money from one person to another and one location to another. One of the ways was to give the money to …
Secured credit cards like the TD Secured Credit Cards are credit cards that are backed by a security deposit. Canadians who want a secured credit card must deposit funds with the credit card issuer. The funds may be one or two times higher than the available credit limit. The deposit is “secured” because it protects …
The RRSP or Registered Retirement Savings Plan is a special type of financial account in Canada that is used to hold savings and investment assets. It was introduced in 1957, at a time when the defined benefit pension plan was still the commonly used retirement savings vehicle, wherein your employer pays you a regular sum of money when …
Canada Buzz is a purely informational blog. Opinions expressed on this blog are NOT endorsed by the reviewed brands. The information provided on this website does not constitute financial or professional advice. However, our team strives to bring you quality, unbiased information. What’s in it for us? One of the ways we get rewarded is via ads and affiliates. This website contains ads and affiliate links and we may receive compensation when you click any of these links.
