How To Write A Void Cheque

How To Write A Void Cheque

People or businesses often need a voided check to set up personal financial transactions like direct online deposit of paychecks or automated clearing house (ACH) transfers. However, voiding a cheque is not an arduous task.

You can void a check in just a few minutes by writing “VOID” in blue or black ink and prominent characters across the front of the check. You may need to void a check to set up automatic transactions, such as direct deposit of your paycheck into your bank account.

How To Write A Void Cheque

To how write a void cheque for direct deposit, just use a pen (blue or black pen) or permanent marker to write “VOID” in large, bold characters across one of your cheques.

Ensure that, when writing “VOID,” you did not conceal the numbers in the lower-left corner of the cheque; they are the banking information required to link your account.

Here are three steps to write a void cheque 

1. Get a blank cheque

The first thing you need to do to void a check is to pull out a blank check from your checkbook. This step is important, especially if you send in the voided check for direct deposit or automatic clearing house payment.

On the regular lines, you don’t have to write anything. Now leave the lines and move to step two.

2. Write the word “VOID” on the cheque in blue or black ink

Next, using a pen, write “VOID” across the whole face of the check-in in bold capital letters, taking care not to cover the routing and account numbers.. The banker will use the numbers on the voided cheque to find your checking account by the person who gets it.

If you write “VOID” on the check, no one will be able to fill it out or cash it. The process only needs one more step.

How To Write A Void Cheque - Comparewise

2. Duplicate the void cheque

The last and most crucial step is to make a copy of the voided check so you can send it to your employer or anyone else who needs it.

Then, make a file and keep the original copy of the voided check as a reference and a reminder that you did not use this check number to pay for something specific.

You can use a copy or photo of the same void check for more than one thing, and it can also serve as a source document for internal use.

What Is A Void Cheque?

A voided cheque has the word “VOID” printed across it, indicating that it should not be used for payment. It is often written in bold letters to prevent confusion with currency. A voided check cannot be utilized by anyone, especially robbers, who could write out a large amount of money to themselves. Typically, a void cheque is used to obtain the necessary information for electronic payments, as it contains information such as your routing number, account number, and check number.

How To Write A Void Cheque - Comparewise

Use/Reasons For Void Cheques

When setting up payroll deposits or automatic payments, your financial institution may request a voided check from you. So, because the account information is printed on each cheque, a voided cheque can be used to establish an electronic link with your bank account.

Voiding the check prevents you from sending a “blank check” that fraudsters could use to take money from your account.

There are three primary reasons for voiding a cheque. They consist of:

1. Direct Deposits

Direct deposit is one common application for a void cheque. In the contemporary corporate climate, many employers pay their staff via direct deposit rather than by issuing checks. Once your accounts are electronically connected and you are paid, the funds will be sent directly into your account.

2. Payments via ACH (Automated Clearing House)

A void check can also be used to set up automatic clearing house (ACH) payments for regular obligations such as rent and bills so that the funds are routinely deducted from your account rather than you having to write a check or pay in person.

How To Write A Void Cheque Canada - Comparewise

Standing Order Payments

A void cheque is used by financial institutions to set up a standing order payment for customers. If you wish to make an online payment for your mortgage, vehicle loan, or other expenses, In this case, you may need to mail a voided check to set up payments from your checking account.

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FAQs about How to Write a Void Cheque

How To Write A Void Cheque

Where do I find the instructions for voiding a check? You can easily make one of your checks invalid by writing "VOID" in huge letters with a pen or permanent marker on the front. Avoid covering the numbers in the bottom left corner of the cheque; they will be used to establish a connection to your bank account.

How To Write A Void Cheque Canada

You can easily make one of your checks void by writing "VOID" on the front in significant characters with a pen or permanent marker. Avoid covering the numbers in the bottom left corner of the cheque; they will be used to establish a connection to your bank account.

How To Write A Void Cheque For Direct Deposit

To void a check for direct deposit, you can: Step 1: Select an empty cheque from your checkbook that can be used to deposit the money. Step 2: Mark the front of the blank check with a large "VOID" in black ink. This way, nobody will be able to fill it out and try to cash it. Step 3: Return to your employer the signed direct deposit authorization form and the void cheque.

How To Write A CIBC Void Cheque

Here is how to write a CIBC cheque

  1. Write the current date.
This is written towards the top right, in a box labeled "Date." The cheque's date should match the date the form was filled out.
  1. Write the name of the person to whom the money is payable.
Typically, this is the first line under your stamp, labeled "Pay to the order of."
  1. Enter the figures (in numbers) into the box.
Enter the amount you want to be debited from your account, followed by the dollar sign.
  1. Write the figure into the box (in words.
In the space underneath the payee's name, type the amount.
  1. Enter your signature on the check.
Assuming everything is accurate, sign the cheque in the lower right corner. Please include any relevant information in the "Memo" field. Specify the purpose of the cheque here, such as "rent payment" if you so like.

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October 3, 2022
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