What Is a Voided Check?

The content on this blog is “as is” and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. Comments that include profanity or abusive language will not be posted. https://www.bookstime.com/ Most payroll systems let you split your paycheck multiple ways, so you can have money going to three, four, or even more accounts. That means you can use your direct deposit to automate your savings towards multiple goals at once.

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. If you’re setting up multiple direct deposits or billing accounts, it may be helpful to create a copy of your voided check. Then, you don’t have to keep pulling checks from your checkbook. Though we live in an age where most of our banking can be done digitally, there are some instances when you’ll be asked to provide your bank information using a blank 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.

Setting Up Direct Deposit Without a Voided Check

By writing “void” across the front, you can safely destroy the cheque without worrying about anyone using it to make money from your bank account. 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. You can still use that check to grab or provide your bank routing and account number as those numbers are tied to your bank account and not individual checks, however. Setting up direct deposit for your paychecks (or for one-off payments, if you are a freelancer for example) is incredibly simple with the help of a check that has been voided out. Mobile banking, paper checks aren’t as common as they once were. However, they are still in use, so it’s important to know how to properly fill them out, use them, and get rid of them.

• If you don’t have your checkbook readily available when requested, here are some alternatives you can provide that will have the same information as a check.
• On the other hand, if you want to void a check you’ve already given to someone, you have to get your bank involved.
• This is why employers ask for a voided check to set up direct deposit, not a blank one.
• Well, you may have to void your check and submit it to schedule payments from your checking account.
• It’s worth taking the necessary steps to set up direct deposit because it can save you a lot of time.
• Employers might ask for a voided check to set up direct deposit.

Many companies allow you to fill out a direct deposit authorization form. However, some still require a voided check for direct deposits. Many people prefer direct deposits because they make payments faster.

Subscribe now and get smarter about money!

One way to solve the problem is to send the check image as an encrypted PDF, which requires the recipient to enter a password before viewing the document. Be sure to provide the password securely, and don’t email it unless you use different email addresses. It’s best to call the recipient and deliver the password verbally, but you also could send the password as a text message. Remind me how Paypal verifies accounts are linked to legitimate bank accounts. Usually, you’ll be able to print a cheque directly to form a PDF which allows you to email it directly to the recipient without ever having to touch a physical cheque. A void cheque is a regular cheque with the word VOID written across the front of the cheque. Generally, if “VOID” is written across a check, no matter how or where, it will be recognized as a voided check.

For example, you may put in the wrong name or incorrect amount or make another mistake that renders the check impossible to use. You have to write the word “VOID” on the front of the check and make sure voided check to cover the whole surface apart from the numbers at the bottom. Firstrepublic.com provides information to clients about their accounts and financial services by First Republic Bank and its affiliates.

Electronic Payments From Checking

FinanceBuzz is not a financial institution and does not provide credit cards or any other financial products. Whenever you give your bank information to someone else, there is always a risk of it falling into the wrong hands — even if it’s only a small risk. If you’re asked for an electronic version or image of your voided check, don’t send it along as an attachment or pasted image in an email. Instead, turn it into an encrypted or password-protected file or create a link to a file in a protected folder.