Do your cheques meet the new CPA standards?

Now is the time to find out.

The Canadian Payments Association (CPA) announced in January 2005 new specifications for personal and business cheques. The CPA extended the transition period by introducing a grace period for business clients that ended September 2, 2008.

Not sure if your cheques meet the new standard?

The new Canadian standards are intended to ensure cheques can leverage all new and emerging image technologies. Cheques not meeting the new standards – whether involving the date format or other aspects – may not work with all new imaging features as they become available.

The new specifications at a glance.

This illustration highlights the changes mandated by the new standards:

What do you need to do?