How to Void a Check: Set up Payments, Deposits, and Investments

The difference between a checking and savings account can seem confusing. Huntington is here to help you understand the differences between a checking and a savings account and how both could help you manage your finances. We will never ever recommend a product or service that we wouldn’t use ourselves. Maybe you ran across a check that was misplaced at your place of employment and weren’t able to return it to the rightful owner?

Get your paycheck directly deposited into your bank account to save yourself some time and hassle. If you’ve never set up direct deposit before, voided check means it can be intimidating. You can also use a voided check to set up automatic payments to come out of your checking account automatically.

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This means that if your void check falls into the wrong hands, they won’t be able to abuse it. Auto service contracts — sometimes called “extended warranties” — are optional contracts sold by vehicle manufacturers, dealers, or independent companies. The contract seller agrees to perform (or pay for) certain repairs or services outlined in the contract.

Pull a blank check from your checkbook, making sure to note its official check number in your ledger as you do. Make a note of “VOID check” to make sure you know why that check is skipped when you’re balancing your checkbook. Nor do you have to worry about logging onto online bill payment services after you set up automatic electronic transfers, either.

What is a Voided Check?

If you add one too many ‘0s’ to your check, you can’t just correct it and hope it works out. You also can’t discard it because if someone were to get hold of it they could withdraw money from your account. To void a check, you’d have to cancel it before the recipient had deposited it.

• Some banks and credit unions will automatically send you a book of checks when you first open an account with them.
• Your paper checks all have your bank information on them—the name of your bank or credit union and your account and routing number.
• Ask the requester if they’ll accept a deposit slip or letter from the bank containing your account information in its place.
• This way, if your check gets lost, you won’t have to worry about it getting in the wrong hands.

Moreover, if for any reason you’re required to sign the void check via email, make sure you send it as an encrypted PDF so that hackers can’t get access to it. A voided check is one that can’t be used to make a payment or otherwise withdraw money from your bank account. Whether your check is void and you don’t understand why or you’d like to void a check yourself, we can help. Don’t cover up the routing or bank account number at the bottom of the check when voiding it.

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Employers often use voided checks to set up direct deposits for their payroll, and service providers may need them to set up direct debits. This is because a blank check has all the information they need, such as routing or account numbers. Using a voided check reduces the likelihood of a transcription or other type of error. First, it’s important to know that you should never give someone a blank check, especially someone you don’t know.

While you don’t strictly need a voided check to set up a direct deposit², many employers will ask for one. A voided check is a check which is no longer valid and has the word ‘void’ written on the front. You might need to know how to send a voided check to start a direct deposit with your employer or set up autopay for a bill. Once you have your own personal checkbook, you can write VOID on any of the checks to get a void check.

In addition, a voided check takes away the hassle of sending in payments or setting up an online payment each month because it automatically comes out on the specified date. While many people have switched to using debit cards instead of paper checks, there are times when you may still need a check. There are also instances when a company requests a voided check, or when you wish to have a check voided for your own purposes.

• Chances are the check won’t go through at the bank because of the discrepancy.
• You may need to void a check when you make an electronic financial transaction.
• Typically, banks charge a fee of up to $35 for a stop payment request.
• If you recently changed jobs or bank accounts, for example, your employer will want your account information and may ask for a voided check.
• If you’re going to receive payments from an employer electronically, you can send them a voided check, so they have all of your bank information.

From employers, to payment services, to government agencies, requests for voided checks are still common. However, keep your own security in mind when sharing banking information. If you’re setting up direct deposit or setting up payments from your bank account, you may be asked for a voided check. Here’s how to void a check and the steps to consider before voiding a check. An illustration of this happens when a company needs to make an electronic charge to someone who purchased a service. The supplier wants to be sure that the charge will be made to the correct account and holder.

What is a void cheque?

In this case, it would make sense to void the check and toss it to prevent fraud from occurring. Or maybe you wrote a check for $1,000 but you only intended for it to be $10 and spelled out this amount. Chances are the check won’t go through at the bank because of the discrepancy.