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How to Void a Check: 8 Steps with Pictures

what does a voided check look like

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  • No, although it’s common for both a direct deposit form and a voided check to be required and while both have similar information, they are not the same.
  • It is not intended to amount to advice on which you should rely.
  • Be aware, however, that some banks may charge a small fee for counter checks.
  • Leila’s writing has been featured in NBC News, Thrillist, Fodor’s, 10Best.com by USA Today, HuffPost, Eater LA, and Reader’s Digest.

If you want to cancel the check after you have sent it, be prepared to pay a fee to the bank. The payee, that is the person or organisation who you wrote the check to. Itemize the void on Schedule B if the original disbursement required itemization. The committee should include memo text explaining that the check was not cashed.

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And anyone who has ever written out a physical check knows that it’s possible to make a mistake. When you’re faced with either of these situations, you’re going to want to void the check in question. Employer’s use a voided check to ensure accuracy when setting up direct deposit. A mistake in either the routing number or the account number can create delays in payment and may lead to other costs.

Auto, homeowners, and renters insurance services offered through Karma Insurance Services, LLC (CA resident license # ). Some mobile banking apps allow you to quickly identify and block fraudulent activity. Chime gives you transaction alerts and allows you to disable your Chime debit card, all right within the app. Maybe you don’t need the check anymore, or you messed up writing it out and need to change something on it. If you need to void a check for any reason but don’t have one, there are workarounds you can try. Find out what ACH stands for, what it can be used for, and the pros and cons of ACH transfer. This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals.

Why Do Companies Need a Voided Check?

A voided check is simply used for verification of your banking information. Indicate that the check is voided in your checkbook, check register, or finance software. Common things that banks charge fees for include transaction fees, insufficient funds and overdrafts, wire payments, and out-of-network ATM use. To ensure a void cheque is unusable, it’s wise not to sign it. Also be sure not to write over the banking information at the bottom when you write “VOID” on the cheque.

If you’re setting up direct deposit or setting up payments from your bank account, you may be asked for a voided check. Here’s how to void a check and the steps to consider before voiding a check. One of the most common uses for a voided cheque is to provide what is a voided check up direct payroll deposits with an employer. The payroll department will use the banking information listed on the cheque to electronically transmit your wages to your bank account. Voiding ensures that you’re not giving a blank cheque that could be misused.

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Autopay can be very useful to stay on top of recurring bills like utilities, rent, or credit card payments. By using auto-pay you won’t have to worry about forgetting any bill payment and accruing late fees and hits to your credit score. A void check is simply a check with the word “VOID” written across the front. Writing “VOID” on a check means that the check can’t be deposited or cashed. When you void something it means you’ve made it empty, of no effect, or null.

Then you know that no one would be able to alter the check and spend it, because it has been voided. It’s important to note that you can’t void a check once you’ve given it to the payee. The only way to stop the check from being cashed or deposited is to request a stop payment from your bank, which may involve a fee. Submit your voided check, along with the completed direct deposit authorization form, to your employer. Often, a direct deposit authorization form is the first part of the process when getting set up with direct deposit through an employer or for other types of payments.

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