How to Void a Check
So what do you do if you need to cancel a check payment when you’ve already handed the check over to someone else? Make sure not to cover the numbers in the lower left of the cheque – this is the banking information that is required to set up the link to your account. A void cheque is a cheque with the word “VOID” written across it, which prevents anyone from filling out the cheque and using it to make a payment.
In some cases, you can use a preprinted deposit slip to verify your banking information. A preprinted deposit slip has the same information as a voided check, void check meaning including your name, routing number, and account number. This is a fancy name for checks printed on demand for specific purposes at your bank or credit union.
Can you go to the bank and get a voided check?
Certain types of transactions might require a voided check to verify your banking information. If you need to provide this info, you’ll often be asked to include your routing number and account number on a form but also to include a copy https://www.bookstime.com/articles/operating-cycle of a voided check. Whatever you do, never sign a voided check or write any additional information in the blank spaces provided. The purpose of a voided check is to provide your bank name, routing number, and personal account number.
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. You should have a carbon copy of the check in your checkbook that you can reference. You can also review your check register to get this information. When voiding a check, you should not sign your name on the signature line. You can also ask for a paper copy of the Payroll, Direct Deposit, or Pre-Authorized Payment Form at your CIBC Banking Centre.
Save a copy of the voided check
This may include writing down the wrong amount or making it out to the wrong person. You can void a check for any incorrect information and then rewrite it on a new check. Another solution is to visit a branch and ask for a “counter check.” The teller might be able to print a check with your account information on it. If so, try voiding that check as if it came out of your checkbook.
However, you’ll often find that you’ll need both an authorization form and some type of verification, such as a voided check. The point is a potential thief can gain instant access to what is probably your primary financial account. This will open the possibility of accessing your money or even stealing your identity for other purposes. Voiding a check may seem as simple as just writing “void” across the front. However, there are a few details you’ll need to keep in mind. Business firms and other organizations aren’t the only entities that may involve recurring personal payments.
How to Get a Void Check for Direct Deposit
When an original check is not required (for example, if you’re going to fax in the instructions or submit an electronic image of your check), you can use the same copy repeatedly. A creative solution is to have a check printer to generate an image of a voided check for you. This method won’t work if you need to mail the check, but it can help you get an electronic image of a check containing your account information. Start the process of ordering checks, and when it’s time to “preview” your order, you’ll have a customized check image that you can void. See if you can set up your bank account link entirely online.
