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I work in a financial institution, and have a Government of Canada cheque presented to me for cashing. How do I know if it is valid?

April 26, 2017cashing Cheque financial institution government presented valid

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I work in a financial institution, and have a Government of Canada cheque presented to me for cashing. How do I know if it is valid?

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A. First, look for the two most prominent security features, the watermark and the fibres. You should then refer to Canadian Payments Association Rule G7, Verification and Collection Procedures for Receiver General Warrants.