What is a voided check and what are some examples?

The only way to give yourself peace of mind is to void the check and then throw it out or shred it. https://www.bookstime.com/ If you add one too many ‘0s’ to your check, you can’t just correct it and hope it works out.

It’s very important that the payroll department send your paycheck to the proper place. If it winds up in the wrong account, it can be a huge headache to get the money back. Having the voided check on-hand also reduces the likelihood of payroll using the wrong information when it sends out paychecks since they have the check on-hand to reference. Instead of getting a physical check each payday, the money shows up in your account the morning that your paycheck is due. This saves you the hassle of having to visit the bank to cash your paycheck multiple times a month. Direct deposit is a useful payroll feature that lets you get your paycheck deposited directly into your checking account.

Set up direct deposit or auto-pay

Each check is numbered to help you keep track of each transaction. You should also always keep the check stub—the thin paper copy behind each check you write—because this acts as a detailed receipt of all your check transactions.

Don’t write over the banking number information at the bottom of the check. Your employer may request a voided check to get your bank’s information, routing number and your own bank account number so they know where to deposit your money. A voided check is simply a check that can no longer be used to make a payment or withdraw money from your checking account. A voided check has the word “VOID” written across the front of it.

Example of a Voided Check

If Bank of America is your bank, and you want to set up direct deposit, then you actually don’t need to void a check with them to do so. You can ask your bank to draw you up a “counter check”, a special type of check that can be officially voided by the bank but still includes your important account information.

If you don’t have a voided check to supply to a third party, you do have other options to get one. You can ask your bank for a blank check, which is known as a counter check.

Is a direct deposit form the same as a void check?

Don’t use a pencil, since someone could come along and “unvoid” your check by erasing your marks. The most important thing is to be sure that it cannot be erased or obscured in any way. Once you’ve voided a check, it’s essentially disabled and cannot be used any longer. From there, grab a permanent marker and write in big, bold, clear print voided check with plenty of spacing to cover the entire face of the check the word V O I D. But first, let’s touch on the reasons why you might need to void a check. We’ll break down the simple instructions for voiding a check properly in a moment. If you need to void a check for any reason but don’t have one, there are workarounds you can try.