Banks across Canada have recently cracked down on Corporations such as ours in the way the receive deposited cheques. There has been a clear message to the Board that cheques will ONLY be accepted if our legal corporate name is on the cheque. The bank has made it clear that they will no longer accept a letter written to ‘Harrison Place’ whatsoever.
Please note that any future cheques MUST be written out to:
Condo Plan No: 762-0801
Any cheques not written out in this manner will be returned to the owner. Finally, it should be re-stated that the Board has been very successful in getting owners onto the CAFT pre- authorized debit plan and that it would be our preference for all owners to sign up for condo fee payments in this manner.