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For example, if you have a business and your vendors prefer to be paid electronically, then voiding a check may be part of the process to set up automatic payments. A voided check may be necessary to set up direct deposits, automated clearing house transfers, or electronic bill payments. After you void the check, record the voided check number in your checkbook. This will help you remember that the check was voided and you’re not waiting for it to clear your account. If that check number is posted to your account, contact your bank right away. Finally, if you use duplicate checks, make sure your VOID marks are seen on the duplicate, too. A voided check is a check with the word “VOID” across it, which indicates that it shouldn’t be used for payment.
- Paper checks are a traditional form of banking and many of the best checking accounts still used them.
- This information is then used to set up things like direct deposits or bill pay.
- Reach out to your bank, or see if there’s any information online about how you can do this.
- She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies for financial brands.
- It will include your account number and the name of your bank.
- If you’re setting up multiple direct deposits or billing accounts, it may be helpful to create a copy of your voided check.
- However, fees for canceling a check payment are still going to apply.
However, fees for canceling a check payment are still going to apply. Many banks now offer digital checks or, as mentioned above, a pre-filled direct deposit authorization form for ACH setup purposes. These can be filled out online and either printed or emailed directly to your payer. In many cases, your employer can establish direct deposit simply with you providing your routing and account numbers, as well as how your name appears on the account. Check with your employer’s payroll department to determine if this is an option. Whoever’s asking for your voided check usually needs only your routing and bank account number.
Example of A Voided Check
She holds a Bachelor’s Degree in Economics from Manhattanville College and a Bookkeeping Certificate from MiraCosta College. If you want to cancel the check after you have sent it, be prepared to pay a fee to the bank. The reason to stop the payment, for example you wrote the wrong amount on the check. The payee, that is the person or organisation who you wrote the check to. Typically this will be a blank check that you are asked to submit along with a Direct Deposit Authorization Form, or something similar.
- A voided check cannot be used to cash out or deposit the money.
- Please see Rates and Terms to check the availability of online loans in your state.
- You’ll be writing on the check face to void it, and because you want your notations to be permanent, it’s important to choose the right writing tool.
- Providing your banking information to your employer so that employer can pay you.
- If a voided check clears, customers can file a claim when they receive their statement.
This prevents anyone from filling it out and trying to cash it. You’ll be writing on the check face to void it, and because you want your notations to be permanent, it’s important to choose the right writing tool. A fine-tipped marker or pen is a good choice, preferably in blue or black ink.
How to void a check in 4 steps
If you want your paychecks to get deposited directly into your checking account, your employer may ask for a voided check to get all your bank information. You may need a voided check to set up a bank account, direct deposit, or automatic bill payment. You may also decide to void a check if you filled it out wrong or completed a mobile deposit and want to make sure it can’t be used again. Knowing how to void a blank check can be useful in certain situations, such as when you want to set up direct deposit into your checking account. Voiding a check is simple, but needs to be done correctly to ensure that your bank account stays secure and that you avoid unnecessary fees when possible.
Each check is numbered to help you keep track of each transaction. By taking the right steps to void a check, you can help keep your bank information and money safe. Not a check owner or either other person whether known or unknown cannot deposit, cash out or make payment if a check is VOID. FinanceBuzz has partnered with CardRatings for our coverage of credit card products.
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Setting it up can mean you save a few dollars every month by avoided checking bank fees. Take a look at the FAQs Page for Bank of America to read all about voiding checks with their bank.