Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why is the amount on my cheque stub different than the amount on my cheque?

Cheque different stub
0
Posted

Why is the amount on my cheque stub different than the amount on my cheque?

0

The amount on the cheque stub reflects the Canadian dollar value of the OAS/CPP payment before it was converted to your local currency. The amount on the cheque itself is the amount in foreign currency which you will receive when you cash the cheque. The amount shown on the stub is in Canadian dollars and is the amount that will be reflected in the Taxation slip you will receive for the year.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123