In this article, we’re sharing the most common void check example that we hear.
We will also be answering a number of common questions, sharing additional examples, and explaining why a void check helps both individuals and companies.
This article is part of our free series on how to send and receive money, including bank checks, bank transfers, and more, which you can access by clicking here right now.
Feel free to use the table of contents to jump ahead to the sections most relevant to you.
Table of Contents
- Void Check Example
- Why Do Employers Need a Voided Check?
- Frequently Asked Questions
- Do You Want Help Opening Bank Accounts?
Void Check Example
The most common void check example is a blank check that an employer requests from a new employee. This is often referred to as a blank check for direct deposit purposes. The reason why a blank check is requested is that it contains all of the necessary information for the employer’s accounting department to schedule all future direct deposit payments.
In other words, by requesting a void check, employers are able to accurately schedule all employee payments, for example, salary, commissions, bonuses, etc. This is cost-effective, and timely, and helps to reduce the possibility of human error due to manually scheduling all employee payments.
Can I Deposit a Voided Check?
No, you cannot deposit a voided check. Instead, once a check has the word VOID written across its face, it is no longer eligible for deposit or cashing. In fact, any check that has the word void on it anywhere is highly unlikely to be cashed or deposited by any financial institution anywhere in the world. This is because banks and depositing institutions understand that “VOID” is the universal language that a check is no longer valid.
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Why Do Employers Need a Voided Check?
Employers need a voided check in order to set up payment via direct deposit to employees. This is because a voided check includes all of the necessary information to arrange direct deposits. This information includes the account holder’s name, the name of the bank, the branch address, the account number, and the routing number.
How Do I Write a Void Check?
You do not write a voided check, instead, you take a normal check that is issued by your bank, and with a blue or black pen you will write VOID across the front face in large block letters. This ensures that any financial institution in the world will understand that the check is no longer eligible for cashing or depositing. As we’ll explain in the FAQ below, the account holder can also write void in other locations on the check in order to achieve the same results.
How Do I Get a Voided Check for Direct Deposit?
You can get a voided check for direct deposit purposes by removing a check from your checkbook and writing VOID across the front face of the check, as described above. Alternatively, if you do not have a checkbook or any checks available for your checking account, you can often access your online bank account and locate an online service to print a “VOID Check” for free.
Frequently Asked Questions
Below are three of the most common questions we receive from people looking into a void check example. If you have further questions you would like to ask our team, don’t hesitate to get in touch.
Why Do Companies Need a Voided Check?
Companies need a voided check when they are arranging direct deposit into an employee’s account. This ensures the company can transfer salary payments in a timely manner through bulk salary distributions. Otherwise, companies would need to manually schedule payments, which would be time-consuming and costly. The voided check provides the company with all of the necessary information to schedule the direct deposit, including bank name, bank address, account number, routing number, and account holder’s name.
How Do I Void a Check for Direct Deposit?
The process to void a check for direct deposit is the same as voiding a check for any other purpose. First, you need to write VOID in large block letters across the face of the check, which indicates to all financial institutions that the check is no longer eligible for deposit or cashing. In fact, even writing the word VOID in another location on the check will also invalidate the check and make it no longer eligible for depositing or cashing.
How Do I Void a Blank Check?
To void a blank check, you need to write VOID across the front face. In doing so, the check will no longer be valid no matter what other information is written on the check. Alternatively, even if you write VOID in another location on the check, it will still be considered void. As a result, banks no longer accept these checks for cashing or deposit.
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