You would not want any thief to remove the word void because after that they will have a blank check in their hand. Also, you should not cover the banking information which is written at the bottom of the check. Using a blue or black pen, write “VOID” in large letters across the entire front of the check, making sure not to cover the routing or account numbers. Those numbers are what the person receiving the voided check will use to identify your checking account. Frequently, employers require you to submit a voided check in order to record your account information and set up direct deposit for your paychecks. If you have a Chase account, then you can also just fill out a form instead of using a void check to set up direct deposit.
We recommend you review the privacy statements of those third party websites, as Chime is not responsible for those third parties’ privacy or security practices. This makes managing your finances much easier and helps remove the temptation to spend your extra cash. If you need to void a check for any reason but don’t have one, there are workarounds you can try. You don’t need to sign the check or enter any other information. Investment Advisory services are provided by First Republic Investment Management, Inc.
Definition of Voided Check
You can easily void a check by writing “VOID” across the front of the check, using blue or black ink and large letters. You may need to void a check to set up automatic transactions, like direct deposit of paychecks to your checking account. Debit cards, online banking and banking apps may seem to have replaced paper checks. However, checks are still a very viable and necessary part of your personal finances. From writing checks to pay for something, to voiding a check for various uses, here is everything you need to know. Setting up personal financial transactions such as online bill pay, paycheck direct deposits, or automated clearing house transfers often require the use of a voided check.
- You want to make it difficult for thieves to erase or cover your void mark.
- As you have read above, voiding a check is super easy to do.
- However, fees for canceling a check payment are still going to apply.
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- She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a variety of companies in the health care, banking, and accounting industries.
If you need a Stop Payment Order for a check, your bank will probably need the information on the check you want to cancel. This is why it is always a good idea to document your check transactions in your check register so that you will always have information like, the check ID number, the amount, and who you paid. So you wrote a check and gave it or sent it, but now you need to cancel it. If you want to cancel the check after you have sent it, be prepared to pay a fee to the bank.
What is a Voided Check?
That way, you’re helping protect yourself if your check falls into the wrong hands. Voiding a check that should not be in use can also help prevent check fraud. Check fraud can be several different illegal activities. Examples include stealing checks, altering checks, writing voided check checks for amounts you don’t have, or signing someone else’s name. Dispose of the voided check or use it to open up a direct debit/bill pay. Since voiding a check is such an important matter, you’ll want to learn how to void a check without making any mistakes.
There are several options, but the first step is to endorse the check. To endorse a check, flip it over and sign your name at the top on the short side of the check. Always keep a record of all your check transactions, and of all voided checks.
What are reasons to void a blank check?
Ensure you copy the correct number, or you might cancel the wrong payment. The easy way to do this is to write “void” in big letters so that it covers most of the check. Make sure the bank routing number and your account number on the bottom of the check are still readable, as well as the name and address of the bank . Alternatively, you could write “void” in the payee line, dollar amount box, signature line, and dateline.
- If you’re going to send the voided check electronically it may be a little risky to send it through a normal email sender.
- Check with the merchant you want to pay or the lender to whom you make loan payments, to see if they have online options for enrolling in automatic bill payment.
- If you want to get fancy with your money management, or just automate it further, you can split your direct deposits.
- Simply write „void” across a blank check, leaving the bottom left hand numbers visible to send the requested direct deposit account information.
See whether a preprinted deposit slip for a checking or savings account is acceptable. A voided check has the word “void” written across the front. It’s a check that’s not supposed to be used to make a payment. Instead, you’d give it to a business or person so they can get your bank account info . By clicking 'Continue’, you will leave our website and enter a site specific to making your loan payment via a debit card or electronic check.