But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. You can easily void a paycheck or other payment through QuickBooks or other accounting software. Discover what FDIC insurance is, its limits, and the types of accounts it covers. Learn if your money is safe in banks, credit unions, and with CDs.
But, if you normally have no need for paper personal checks, this can be a way to provide a voided one. Sometimes mistakes happen when writing a personal check, like putting in the wrong name or incorrect amount, rendering it useless. Writing the word “VOID” on top of the written information what does voided check mean prevents someone from using it. If you don’t know how to make a void check or you don’t have them, you can opt for using deposit slips for certain financial actions. They also contain relevant information such as the routing number, but you will have to insert your bank account number.
When to Use a Voided Check?
There are many different situations whereby you may require a void check, and a lot of people feel a bit confused or overwhelmed when this is asked of them. If you have a photocopy of a deposit slip or a cleared check for your account, you may also be able to use this for processing your request. These are the three main reasons you may need to provide a voided check, although there can be other scenarios where this would be required. In fact, GlobalBanks IQ even helps non-resident, foreign & offshore entities open bank accounts. It’s a check that has been intentionally voided to ensure that it can never be cashed.
So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. Electronic money, or e-money, is a simple way to send, spend, and receive payments online. As we start to move away from cash or checks, e-money transfers are…
What is a Voided Check?
Signing up is free and easy, and you can wave goodbye to those checks. The only way to give yourself peace of mind is to void the check and then throw it out or shred it. Drag and drop to instantly create checks & print using any printer. Discover a range of valuable financial topics in our Learning Center. I graduated in 2003 from Carnegie Mellon University with a Masters in Software Engineering and I use my analytical skills to navigate the financial world.
