Requesting a voided check is the usual way employers set up direct deposit into their employees’ checking accounts. Employees prefer direct deposit because it’s instantaneous and eliminates the need to wait for a paper check to clear their accounts. Employers often use voided checks to set up direct deposits for their payroll, and service providers may need them to set up direct debits.

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That’s why it’s good to know how they work, even if you don’t frequently pay by check, so you remain protected when you use them. You must first contact your bank and see if that particular check has already been cashed. If it hasn’t, they should be able to put a stop payment on that check. You will need to know who it was for, how much it was for, and the check number. If you aren’t sure of any of this information or get it wrong, the check could still be cashed, and the only way to avoid financial loss would be to freeze the account. A creative solution is to have a check printer to generate an image of a voided check for you.

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This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or https://www.bookkeeping-reviews.com/marketing-services-for-payroll-companies/ phrase, a SQL command or malformed data. 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.

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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. If you’re going to provide the voided check electronically, don’t just send it out in the open, in a standard email message. Take steps to hide your account information from thieves and hackers. For example, consider encrypting the image or uploading it to a secure file vault.

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2. You must first contact your bank and see if that particular check has already been cashed.
3. Depending upon your bank, you can find this information online, on your bank statements, on your checks (if you have them), or you can go to a teller and ask for this information.
4. Voiding a check for direct deposit is safe because nobody can deposit or cash it.

The difference between a checking and savings account can seem confusing. Huntington is here to help you understand the differences between a checking and a savings account and how both could help you manage your finances. Get advice on achieving your financial goals and stay up to date on the day’s top financial stories. There you have it—that’s everything you need to know about how to void a check.

Employers may not be the only entities you’ll have a direct deposit arrangement with. Direct deposit will be the preferred way for those institutions to make payments and for you to receive them quickly. Voiding a check is a common practice used to nullify incorrect checks and set up direct deposits or bill payments. The process is fairly straightforward, xero api but it’s important that you do it carefully to avoid someone using your check fraudulently. Most employers will ask for a voided check to set up your direct deposit in addition to filling out a form. They ask for this because a check has all the information your employer needs to help ensure your paycheck is deposited in your account.

The word “Void” should stand out from the pre-printed information on the check, so it’s clear to anyone that the check’s invalid. 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. Voided checks are also frequently requested when setting up recurring financial transactions because they contain all of your banking information.

There are several common situations when someone will ask for a voided check, which the next section discusses. But properly voiding it will ensure you don’t get scammed. Set up direct deposit for your Huntington Checking account, and you could start receiving your pay https://www.bookkeeping-reviews.com/ early. When we receive your direct deposit information from your employer, we make your pay available to you, up to two days earlyΩΩ. Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial and up to date.