Writing “VOID” across the check stops anyone from using it, even if it’s been partially filled out. 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. There are several common situations when someone will ask for a voided check, which the next section discusses. Before you grab a pen and start writing, keep some important things in mind about making a voided check.
What Does Voided Check Mean?
For example, if your company’s payroll department needs a check from you to set up direct deposit, you can provide a voided check. Then you know that no one would be able to alter the check and spend it, because it has been voided. Often, banks will provide instructions on how you can set up a direct deposit without a voided check. Reach out to your bank, or see if there’s any information online about how you can do this. Similarly, if you use an online-only bank, you don’t need a voided check to link your online bank account to an external account.
Security Considerations Before Voiding
A voided check might feel outdated, but it is still important for some financial transactions. A voided check allows you to share your bank account information safely. Let’s explore why you might want to void a check and how it works. By doing this, we can see how helpful it is for managing your financial activities.
- For example, you can pay your mortgage automatically with electronic payments.
- To avoid confusion, an outstanding check is usually void after a set period of time.
- Once a check is voided, it’s invalid and can’t be deposited or cashed.
- Knowing this helps keep your personal and financial information safe.
- You can try the alternatives below if your account does not offer checks.
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- In other words, to be on the safe side when voiding a check, ensure that you follow the correct procedure for doing it.
- After you void the check, make a note of the check number and the reason for voiding in your check register.
- If you have access to a check printer, you can print the check and use it for whatever financial actions.
- Herein, we’ll explore all the ins and outs of voided checks, including the legal implications of voiding them.
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Start the process of ordering checks, and when it’s time to “preview” your order, you’ll have a customized check image what does voided check mean that you can void. You may also be able to set up deposit or withdrawal instructions using a deposit slip instead of a voided check. A pre-printed deposit slip might be required—not the blank ones you grab at the bank and fill out by hand.
Will a bank redeposit a returned check?
You also might be able to provide your routing and account numbers Certified Public Accountant directly. If you’re tired of dealing with paper checks and keeping records, Wise can help you manage your money electronically. All you need to do if you want to establish a direct deposit is take an existing check and write the word ‘VOID’ across the front of it in large capital letters. In short, voided checks — like checks themselves — aren’t obsolete quite yet. Someday they may be, but for now, they still serve a useful purpose. Your account number and the bank’s routing number are preprinted on the check, so there’s no risk a slip of the finger will result in a payor or payee getting the wrong information.
In other words, to be on the safe side when voiding a check, ensure that you follow the correct procedure for doing it. This streamlined process eliminates the need for physical https://www.bookstime.com/articles/working-capital-ratio checks while ensuring accuracy and security. Yes, even a check that has VOID written in big letters on the front can be cashed.