Voided Check
A voided check is a check that has been marked 'VOID' to prevent it from being used for payment. It's commonly used to provide banking information for setting up direct deposit or automatic payments.
To void a check, write 'VOID' in large letters across the front. A voided check provides your routing number, account number, and account name - all the information needed to set up electronic payments without actually transferring any money.
Related Terms
Check
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Direct Deposit
Direct deposit is an electronic payment method where funds are deposited directly into a checking ac...
Routing Number
ABA Routing Transit Number
A routing number is a nine-digit code used in the United States to identify financial institutions. ...
Account Number
An account number is a unique identifier assigned by a bank to each account holder. It's used in con...
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