You will need to let the bank know which account to deposit the funds or if you prefer cash. To void a check, simply write the word “VOID” over the area where you would normally fill in all the information. Be careful not to write over those important bank numbers at the bottom of what does voided check mean the check. By asking you for a check, your employer reduces the potential for errors. If you have to fill out a form, it’s possible you’ll make a mistake. If the employer has to read your handwriting, perhaps it’s not perfect and a mistake is made when entering the information.
- Learn if your money is safe in banks, credit unions, and with CDs.
- Because of this, you’ll need to hand over a void check to supply this information.
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- But once the error is identified, the cleared funds will then be removed from the recipient’s bank account and returned to the original owner and a fee may be charged.
Lauren is a personal finance writer who strives to equip readers with the knowledge to achieve their financial objectives. She has over a decade of experience and a Bachelor’s degree in Japanese from Georgetown University. Rather than figuring out the process as it comes up, learn everything you need to know about voiding a check now so that you’re fully prepared in the future. Most checks are good for six months, but banks might still cash checks that are past this expiration date. Some checks might explicitly state a different period, such as three months or a year.
What Is a Voided Check?
Online Check Writer financial management platform allows money transaction through ACH/Direct Deposit, Wire, eChecks, and Checks mailing. Zil Money transaction charges are clearly outlined under every subscription plan. We are committed to protecting your personal information and your right to privacy. If you have any questions or concerns about this privacy notice or our practices regarding your personal information, please contact us at For that reason, voided checks should never be provided lightly.
Therefore, on accepting the terms and conditions, you accept our partners’ terms and conditions too. Providing comprehensive protection against fraudulent activities, Zil Money’s Positive Pay safeguards your company’s transactions. It prevents unauthorized or altered payments by verifying and matching issued checks through sophisticated features. Remember, since you endorsed the check, anyone who gets access to the check can deposit or cash it. You can take this check to a bank teller, to an ATM machine, or use mobile check deposit if your bank offers that functionality.
Why do employers need a voided check?
However, the employer needs your banking information to get the process started. When you void a check by writing the word ‘VOID’ across its front in capital letters, there is no chance it will be used accidentally. However, it’s a lot easier to void a check than you may realize. Once the word VOID has been printed across the check, it simply can’t be used. So there you have it – everything you need to know about voiding a check and how this works.
This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from Wise Payments Limited or its affiliates. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. If you add one too many ‘0s’ to your check, you can’t just correct it and hope it works out.
Is Void Cheque the Same as Direct Deposit?
Of course it takes a whopping two seconds to do, but as a young impressionable teen at the time, being clueless about most financial things was quite common. Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Our experts have been helping you master your money for over four decades.
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