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Customers demand convenience, security, and flexibility in the modern banking world.
That’s why Meridian Credit Union has introduced its electronic chequing account, designed to meet the needs of customers who require easy access to their accounts and efficient money management tools.
Whether you are an individual or a business owner, Meridian’s electronic chequing account offers a variety of features that make it a perfect fit for busy people on the go.
Keep reading to learn more about what Meridian Credit Union’s electronic chequing account has to offer.
What is Meridian Credit Union?
Meridian Credit Union is one of the largest in Canada, with over 360,000 members. The Meridian Credit Union provides customers access to a variety of financial products and services. Consider any financial services or products you typically need from one of the major banks.
As a component of these goods and services, Meridian provides its Members with access to a wide range of accounts, some of which include savings, chequing, mortgages, investments, credit cards, personal loans, and insurance, amongst others.
What is the Meridian Credit Union Electronic Chequing account all about?
Meridian Credit Union offers its members seven kinds of personal banking accounts, including an electronic chequing account.
People who prefer banking online or through mobile devices can open an electronic chequing account. You don’t have to go into a bank branch if you have an electronic chequing account since you can do your banking on your own time and at any location.
When you open an electronic chequing account, you must pay a monthly fee of $9. You will also be charged $1 for each transaction exceeding the number of included transactions.
How to open a Meridian Electronic Chequing account
You can create a Meridian electronic chequing account in person at one of their branches or by signing up for the service on their website.
Along with a monthly charge of $9 and your personal contact information, you are required to provide a document that verifies your name and residence and submit any required information to create an account at a Meridian branch.
In order to apply via the website, you will need to browse through the many services provided and then choose “Electronic Chequing.” Once complete, you can complete the form and follow the appropriate instructions. After this, you will be required to pay the $9 monthly cost that has been fixed.
Benefits of having a Meridian Electronic Chequing account
The members of Meridian may take advantage of several benefits by using the electronic chequing account, including the following:
Free self-serve transactions
You can make Free self-serve transactions through a credit union’s self-service channels, such as online banking, mobile banking, or an ATM, without being charged a fee.
These transactions can include Ordering checks, Paying bills, Transferring money between accounts, Viewing account balances and transactions and Changing account information.
The number of free self-serve transactions included with a chequing account can vary based on the credit union. The Merdian Electronic Chequing account offers unlimited free self-serve transactions. So as a member, you can carry out unlimited free transactions.
Free ATM access
Meridian cardholders can access over 43,000 surcharge-free ATMs in North America through The Exchange Network in Canada and the Allpoint Network in the U.S.
This means that you can use your Meridian card to withdraw cash or make deposits at any of these ATMs without being charged a fee.
The Exchange Network and Allpoint Network include ATMs from banks, credit unions, and independent ATM operators.
Free Deposits
Free deposits are any deposits you make to your bank account that do not result in a fee being deducted. Most times, when you deposit cash or cheque teller window, financial institutions such as credit unions and banks levy a fee.
When using an electronic chequing account, you can make free deposits for unlimited transactions.
Free Interac e-transfers
With Interac e-Transfer, you may transfer money to almost anybody in Canada from your online or mobile banking account. This service is known for its speed, security, and comfort.
It is a fantastic alternate payment method to cash and checks. An electronic chequing account package offers 4 free Interac e-transfers per month.
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