When you need to void a check, knowing how to do it comes in handy. In this article, we will learn how to void checks and other topics revolving around voided checks.
To void a check is to write VOID in big letters on the front and back of the check slip. You can do this with a blue or black pen, and don’t write over the routing or bank number at the bottom of the check. That number is important so banks can identify a voided check. ..
After writing the check, make a copy of it and keep it for reference purposes or future issues.
Why Do I Need A Voided Check?
-To avoid bounced checks, certain transactions need to be processed fully. -Some of these uses have been mentioned in this article. ..
Setting Up Direct Deposits:
When filling out the form for making direct deposits, you will be asked to add a Voided check or a deposit slip before the deposit is processed fully.
Payment Of Regular Bills:
To schedule payments on bills, you need to attach a voided check to the bill. This will allow the bill to be paid from your checking account. ..
Setting Up Automatic Payments:
With Voided checks, you won’t have to worry about forgetting to pay your bills as Automatic payments will help make the payments for you and you need a voided check to set them up.
Canceling Signed Checks:
If you write a check and make a mistake, it’s important to void the check to avoid someone else using it to commit fraud against you. ..
If you remove the check from the account, it is useless to anyone who might want to fraudulently use it.
You can only void a signed check before handing it over to the payee. So take your time to cross your T’s and dot your I’s before giving your payee a check. ..
If you make a mistake and do not void the check before giving it to the payee, you can cancel the transaction by asking your bank to stop the transaction and this will attract a fee. Or you withdraw the money from your account such that the check will bounce when the payee wants to cash it.
How Do I Get A Voided Check When I Don’t Have A Checkbook?
Some banks require that you purchase a checkbook in order to open an account. However, if you don’t generally have a checkbook, here are other ways to go about your transactions and automation. For example, some banks allow you to open an account without a checkbook by using a debit card or by using automated methods like online banking.
Use Deposit Slips In Place Of Voided Checks:
For some transactions, like setting up direct deposits, you can use slips as they also have your routing number if the bank allows it.
Submit Details Online:
For some automation like setting up bill payments, you can enter your bank details online in place of voided checks. This makes it easier for you to pay your bills and avoid having to go through the hassle of voided checks.
Ask For Starter Checks:
If you have a voided check and need to replace it, you can ask the bank to print a starter or sample check with your routing number on it. This will help avoid any delays in your transactions. ..
Use Other Documentations:
If you are unable to get deposit slips or starter checks, you can ask your bank to provide an official letter bearing your routing number that can be used in place of voided checks.
Conclusion
In order to void a check, you will need to know the steps involved. This article will cover the basics of how to void a check and what needs to be done in order to do so. If you are unsure about how to void a check, it is best to speak with a financial advisor or bank representative. They can help you figure out the best way to go about this.
If you have a check that has been voided, you can still cash it. The bank will simply return the money to your account. ..
Checks that have been signed are voided to stop the transactions and so, voided checks cannot be cashed. This is what makes them void in the first place. ..
To void a check for direct deposit, you must complete a Void Check Request form and provide the required information.
If you want to void a check, you need to write VOID in big, bold letters on the check. You can also do this online or over the phone. Most checks used for direct deposits are blank checks, so writing VOID on it will make it impossible for someone to cash it. ..
The check has been voided, meaning it cannot be cashed. ..
Banks require voided checks to protect their customers and ensure the safety of their money. By voiding a check, the bank can confirm that the funds have been transferred and that no unauthorized person has access to them. ..
When you voided checks, please submit the routing number and account details to the company or bank so that they can get these information for themselves.
A check slip is a document that contains information about a check that was written. This information can include the deposit slips and the voided check. The voiding is just to avoid forgery or fraud from the check slip.
