Online Banking

Now here is an invention that definitely has saved me my time and trips to the bank, online banking! This is basically a virtual bank that allows you to make your financial transactions from anywhere and at any point of time. This is not just efficient but also very secure.

Not only are you saving your time with online banking, you are also able to avoid the huge lines at the bank. You do not need to revolve your schedule around the time of your bank and can do your transactions from your bed. Furthermore, you are able to view your balance at any time and don't need to wait for your bank statements. This actually is very helpful for when you are making a purchase and are not sure whether all the funds are present in your account.

In addition to all the online banking, you can actually take it a step further and deposit your cheques online from your phone. Here are the steps:

1. Download the app on your phone 
2. Sign the cheque with you name and write your account number
3. Take a picture of the front and back 
4. Hit "deposit" 

Here is a video by CIBC showing their eDeposit: 

                                         (https://www.youtube.com/watch?v=GE-TTQ4lEuM)