How To Write a Void Check

how to write void check

Then, it can provide key information like your routing number and account number to be used in electronic transactions. Setting up direct deposit using a voided check is a simple process. Writing “VOID” on a blank check and submitting it to your employer allows you to take advantage of the ease of electronic transactions. Voiding a check for direct deposit is safe because nobody can deposit or cash it.

Be Careful With Voided Checks

You may need to provide a voided check when you set up automatic bill payments, deposits from your employer, or investments from your bank account. Your bank account information appears on those checks, and whoever asked for the voided check will use those details to set up an electronic link to your bank account. There is only one hitch, you need to know how to void a check, and you may not have done that before. You may need to void a check when you make an electronic financial transaction.

how to write void check

Counter Checks

This is because a blank check has all the information they need, such as routing or account numbers. Using a voided check reduces the likelihood of a transcription or other type of error. First, it’s important to know that you should never give someone a blank check, especially someone you don’t know. This is because anyone can fill it out and withdraw money from your bank account. A simple rule to remember would be to treat checks like cash.

Things To Know If You Withdraw More Than $10,000 From Your Checking Account

A voided check includes banking information required to ensure correct electronic banking transactions for people who pay bills online and or are paid via direct deposit. As paper checks become less common in banking, organizations that normally require a voided check may be more receptive to another method. Try those first and you avoid the risk of your sensitive financial information falling into the wrong hands.

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This method won’t work if you need to mail the check, but it can help you get an electronic image of a check containing your account information. Start the process of ordering checks, and when it’s time to “preview” your order, you’ll have a customized check image that you can void. See if you can set up your bank account link entirely online. Instead of using forms, which require you to void a traditional check, try logging into your account (or ask if there’s an online system).

You can provide written informaition about your account, but many companies require the voided check for verification. 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.

When opening a bank account, typically documentation and proof of identity are needed to get the application and review process started. You may need to void a check if you wrote a check and made a mistake. If you write the wrong dollar amount, then you’d have to void the check to keep anyone from cashing it or depositing hosting an accounting event it. Never give anyone a blank check, especially someone you do not know because it could be used to make a withdrawal on your account. Balancing a checkbook and keeping track of all your expenses are great ways to start on the path to budgeting. Get started with a step-by-step guide, and take control of your money.

Money can’t be withdrawn from your checking account using a correctly voided check. This is a fancy name for checks printed on demand for specific purposes at your bank or credit union. Banks typically charge a fee for these checks, which can be anywhere from a few dollars to as much as $25. But, if you normally have no need for paper personal checks, this can be a way to provide a voided one. Payroll and accounting transactions are faster and easier, allowing payees to receive their money more quickly than going to the bank and cashing a check. Whatever you do, never sign a voided check or write any additional information in the blank spaces provided.

Voided checks can be used to set up automated payments, withdrawals and direct deposits. Using a voided check for direct deposit is a simple process. Many small or less formal organizations may allow you to provide the information from your checking account directly to them in lieu of sending documentation. They don’t need a voided check; it’s just a matter of convenience if you send one. If you can provide your bank name, routing number, and your personal account number over the phone, it’s often good enough. Avoid sending this information in an email due to the security risks.

We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy. When voiding a check, it’s fine if the word “VOID” covers the entire front of your check and obscures the Date, Pay To, For and Signature lines. You can also write the word “VOID” on each of these lines instead if you prefer. GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information.

We are not a comparison-tool and these offers do not represent all available deposit, investment, loan or credit products. This is a seldom-discussed aspect of voided checks, but it’s critically important for protection from identity theft. This will ensure it reaches the intended place without passing through third-party hands. If in person is not possible, a fax delivery is preferred to email. After all, an email can be forwarded, exposing your check information to unintended parties.

  1. After all, an email can be forwarded, exposing your check information to unintended parties.
  2. These brands compensate us to advertise their products in ads across our site.
  3. This is because a blank check has all the information they need, such as routing or account numbers.

When an original check is not required (for example, if you’re going to fax in the instructions or submit an electronic image of your check), you can use the same copy repeatedly. If you’re going to provide the voided check electronically, don’t just send it out in the open, in a standard email message. Take steps to hide your account information from thieves and hackers. For example, consider encrypting the image or uploading it to a secure file vault.

If you’re the one making the payments, you may need a voided check from the other party to connect the accounts. If the other person is making the payments, he or she will need a voided check from you for the same purpose. If you’re self-employed, a freelancer, or you run a business, you may have certain clients whom you work with on an ongoing basis. To simplify and speed up payment, you may set up an electronic billing and payment arrangement with that client. Setting up the arrangement may require you to provide a copy of a voided check so the client can establish the electronic link for payment purposes. Even though fewer consumers make payments by check, voided checks remain important.

We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. Business firms and other organizations aren’t the only entities that may involve recurring personal payments.

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