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Updated over 7 years ago on . Most recent reply
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🇨🇦 For Canadians: does your condo board accepts checks only?
Does your condo board also accepts only cheques for condo fees? Mine does not accept anything else and are refusing to change that. Wondering how commonplace that is. Thanks.
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Sounds like your condo board is a generation out of touch ... if I were to take out tenant population as an example, 80% of those under 30 do not have chequing accounts. In the past five years, electronic payment (Interac e-Transfers or PADs) has become the most prevalent method of payment for rent among our tenants.
Method of payment (42 tenants):
Cash Cheque Electronic
4 5 33