✝ To check the rates and terms you qualify for, SoFi conducts a soft credit pull that will not affect your credit score. If they can’t find this information online, they can call the bank and request their address. If an employee doesn’t have any checks on hand, they can order voided check a checkbook from their bank. Make sure it includes your account number, account type and routing number — if the recipient just wants your accounts details, that should be enough. But verify from the recipient if this would be acceptable if you have no other options.
This is a special check printed by the teller that contains the account holder’s information. You are now leaving the SoFi website and entering a third-party website. SoFi has no control over the content, products or services offered nor the security or privacy of information transmitted to others via their website. We https://www.bookstime.com/ recommend that you review the privacy policy of the site you are entering. SoFi does not guarantee or endorse the products, information or recommendations provided in any third party website. You may also need to send a voided check if you need to sell up automatic bill payments or regular investment contributions.
What if you don’t use checks but need a voided check?
In lieu of a voided check, you may also be able to provide documents such as a direct deposit slip that can provide the key financial information for the transition. Voided checks are useful in setting up direct deposits, payments and regular bill payments. A direct deposit is a way that government institutions, employers, and other agencies pay their workers electronically, using your bank account details. It’s a cost-effective and straightforward approach, which only requires your routing number and bank account number. Because of this, you’ll need to hand over a void check to supply this information. Voided checks can be a useful tool in managing your finances, especially when used to set up direct deposit or autopay.
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. There you have it—that’s everything you need to know about how to void a check. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.
What is a Voided Check?
If you still have questions, contact your financial institution. 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.
- 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.
- Here is a closer look at why you might need to void paper checks.
- Usually, a check is a document you sign to allow the recipient to withdraw the amount you specified from your bank’s checking account.
- This will help you remember that the check was voided and you’re not waiting for it to clear your account.
- There is only one hitch, you need to know how to void a check, and you may not have done that before.
- You can learn more about GOBankingRates’ processes and standards in our editorial policy.
- Maybe you don’t need the check anymore, or you messed up writing it out and need to change something on it.
If any of these things occur you can simply void the check to ensure it doesn’t accidentally get used later. In a way, voiding a check you already wrote is a safe method of destroying the check. If you need to cancel a check you’ve written out, then you need to know how to void a check. This will help keep your checks safe and accounted for as you balance your checkbook.
What is a voided check?
To make sure that your account remains safe and protected, we don’t advise you to sign your voided check. Moreover, if for any reason you’re required to sign the void check via email, make sure you send it as an encrypted PDF so that hackers can’t get access to it. Other examples include profits from annuities, mutual funds, deposit certificates, and income from any investments. Voiding a check is often a required step when setting up a new direct deposit. Simply write VOID in large print across the face of the check, so that it cannot be fraudulently completed later.
If you have started a new job, your employer will likely pay you through a bank account. Many employers ask for a voided check to ensure no errors in taking down your bank account information. No two accounts at the same bank will have the same account number.