You can now see images of your cheques on Scotia OnLine rather than requesting a copy from the branch. Plus, if your account is Paperless, there's no service fee to view the cheque image!1
To view a copy of your cheque online:
With the Cheque Image Return Service on your account you'll receive printed digital images of the front of your cheques cleared through your accounts. The cheque images will be printed eight to a page and included with your monthly statement in double-sided format. This will make recordkeeping easier for you and will eliminate the need to store cheques that have cleared through your account.
Printed imaged copies of both sides of your cheques can be obtained at your branch and through Scotia Online® Internet Banking. Viewing and printing of cheque images on Scotia OnLine is available free of charge for accounts with Paperless Recordkeeping.
To ensure the information on your cheque is legible on the image, we recommend that you:
Cheques presented for cash or deposit to your account may not always be cashed right away. We may place a hold on funds to ensure that the financial institution on which the cheque is drawn will not return the cheque. A hold, however, provides no guarantee that a cheque will not be returned as invalid or otherwise after the hold period has expired. Ultimately, you are responsible to us for any cheque that you deposit that is returned to us, regardless of whether any hold period has expired.
If you deposit a cheque to your account which is encoded with magnetic ink character recognition and not damaged or mutilated, the maximum hold period that we will place on that cheque is as follows:2
For these purposes, the term "business day" refers to regular weekdays only and excludes Saturdays, Sundays or statutory federal holidays.
We may extend the maximum hold period if we have reasonable grounds to believe there may be illegal or fraudulent activity in relation to an account.
The length of time you have dealt with your branch, the amount of funds already in your account, and the amount and characteristics of the cheque being deposited may all influence whether the funds will be held.
For immediate access to the proceeds of a deposited cheque (up to a pre-authorized limit), please contact your branch about our CashBack feature, which can be set up on your ScotiaCard banking card.
Electronic and telephone transfers received for deposit to your account are subject to our verification of source of funds. A hold may be placed on any such transferred funds until we complete the verification.