If you don’t have any checks, one of the simplest ways to get a voided check is to visit your local bank and request a counter check. There’s no need to sign a voided check and it may be safer if you don’t. A voided check is simply used for verification of your banking information. Yes, companies that request a copy of a voided check need to verify your bank’s routing number and your account number. Indicate that the check is voided in your checkbook, check register, or finance software. However, to avoid delays, it’s best to verify whether a preprinted deposit slip is acceptable in place of a voided check. Often you can earn a better rate by using automatic payments, so it may be worth the extra effort of setting up autopay and sending a copy of a voided check.
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. https://www.bookstime.com/ While you’ll be asked to provide your bank routing number and account number on a form, your employer’s human resources department will probably need a copy of a voided check as well.
What is a Void Check?
You may also request a letter from your bank with your vital account information, or you can get a preprinted deposit slip or counter cheque from your bank and use that instead. The “void” writing tells the receiver that the cheque has no cash value. If a thief were to steal a cheque that is void, they would not be able to use it to withdraw money from your bank account. voided check The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. This blog does not provide legal, financial, accounting or tax advice. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog.
Be aware, however, that voiding a check happens before the check has changed hands or is presented for payment at a bank. For federal benefits, there’s no extra charge for direct deposits. You can even choose to have your tax refund sent by direct deposit. Direct deposit is incredibly convenient, once you have it set up. You won’t have to worry about losing a check or wasting time cashing it or depositing it. Instead, just go about your life as money constantly arrives in your checking account. Many banks, especially online banks, make it easy to open multiple savings accounts.
Depending upon your bank, you can find this information online, on your bank statements, on your checks , or you can go to a teller and ask for this information. Rather than writing “void” on a check if a mistake is made when filling out the check, you can just rip it up or shred the check. Throw the pieces in a couple of different trash cans to keep your banking information safe. Just be sure to notate the voided check in your check registry. Most tellers won’t cash a check that has been voided but there have been cases of voided checks that have been cashed. When sending a voided check, it’s best not to sign the check and to send only a photocopy or photo of the check.
For example, they might accept a bank letter or a voided preprinted deposit slip as verification of your banking information. 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. If you want to set up direct deposit with an employer, you’ll usually need a copy of a voided check. A voided check is a check that has the word VOID printed on it, whether handwritten or printed. The check cannot be presented for payment but still has information that can be used to verify your account and which bank holds your account. Some employers may be able to set up your direct deposit using only a deposit slip from your account, so ask if that is an option before providing a voided check.
What are reasons to void a blank check?
Many companies allow you to provide your banking details rather than submitting a voided check. No two accounts at the same bank will have the same account number. The city and state of the bank is not the address of the branch you go to.
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. 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. While you don’t strictly need a voided check to set up a direct deposit², many employers will ask for one. You can also use a voided check to set up automatic electronic payments, including ongoing expenses such as rent and bills. The money also becomes immediately available as soon as it has been deposited directly into your account which is another huge bonus.