How To Void A Check And When You May Need One

how to write voided check

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. You can ask your financial institution to send a letter providing all the same information to the party requesting your voided check.

Reasons for Using a Voided Check

how to write voided check

Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. Employers may not be the only entities you’ll have a direct deposit arrangement with. Direct deposit will be the preferred way for those institutions to make payments and for you to receive them quickly.

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Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial and up to date. 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. 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.

How to Void a Check for Direct Deposit

  1. If you make the lettering too fine, or you use a highlighter, a potential thief may be able to either erase or cover your writing, simply copy the check and make the highlighting disappear.
  2. Banks and credit unions are well instructed in methods of protecting personally identifying information and they will know the best way to send the letter safely to the intended party.
  3. This precautionary measure prevents the check from being misused, whether you used it previously for an electronic payment or by thieves who might attempt to write a large sum of money out to themselves.
  4. Take steps to hide your account information from thieves and hackers.

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. distinguishing real and nominal business accounts 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. If you don’t have paper checks, you can still enjoy the benefits of direct deposit.

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Direct deposit is an electronic payment made straight from one account to another. Businesses commonly use direct deposit transactions to pay employees instead of issuing physical checks. Typically, you’ll need to void a check when you need to provide new account verification for setting up a direct deposit or direct withdrawal. You can provide written informaition about your account, but many companies require the voided check for verification. Whether you’re voiding checks because you’re afraid of overdrafts, you’re juggling debt, or you’re setting up direct deposit at a new job (congrats on that one!)—you’re going to need a budget.

You can easily void a paycheck or other payment through QuickBooks or other accounting software. The only way to stop the check from being cashed or deposited is to request a stop payment from your bank, which may involve a fee. Voiding a check may seem as simple as just writing “void” across the front. Business firms and other organizations aren’t the only entities that may involve recurring personal payments.

But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. 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.

You may have a payment arrangement set up with another person, such as a family member, a friend, or even a landlord/tenant to make recurring payments electronically. There are several common situations when someone will ask for a voided check, which the next section discusses. Never give anyone a blank check, especially someone you do not know because it could be used to make a withdrawal on your account. 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.

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. We are an independent, advertising-supported comparison service. You may need to void a check if you wrote a check and made a mistake.

That will eliminate the need for you either to issue a paper check in payment, or to go online and arrange the electronic payment manually. If you’re unable to provide a voided check, or if your bank doesn’t offer paper checks, there are alternative methods to set up a direct deposit or an electronic payment. Voiding a check is a straightforward process that involves writing the word “VOID” on the check. A voided check is a check with the word “VOID” across it, which indicates that it shouldn’t be used for payment.

If you’ve never set up direct deposit before, it can be intimidating. GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. 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. GOBankingRates works with many financial advertisers to showcase their products and services to our audiences. These brands compensate us to advertise their products in ads across our site.


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