How To Cancel a Check. Decide Whether To Cancel the Check: Before you cancel a check, you want to be clear why you are taking this action because most accounts have a stop payment fee. Are you close enough to the recipient of your check that you could ask them to kindly not cash the check and destroy it? After you void the check, make a note of the check number and the reason for voiding in your check register. (This is the record of all your payments from and deposits into your bank account. Voiding a check isn't that difficult. Here's what you have to do, step by step: First, get a blue or black pen.
The void check simply refers to the change of amount on the bill to zero. But the check receives a tag of Voided transactions. However, the rest of the details, such as check number, issue date, ad payee's name, remain untouched. Watch more How to Use the Bank Wisely videos: http://www.howcast.com/videos/284366-How-to-Void-a-CheckWhether you've made a mistake, like writing the wrong y
To properly void a check, make sure you use a pen, not a pencil. Write VOID in large, noticeable letters across the payee line, payment amount box, and signature box, going over the text multiple times until the words are crystal clear. To avoid confusion down the road, record the voided check in your checkbook or online banking software. In the Type field, select Check. Select the date range in which the check was received and select Apply. Select the check to void from the Expense Transactions list to open it in the Check screen. Select More, and select Void from the pop-up menu. When prompted, select Yes to confirm you want to void the check.
Write VOID in big letters across the entire face of the check. Or, write VOID in the: date line; payee line; amount box; amount line; signature line. Use a black or blue pen to write this. You want the ink to be permanent. After you void the check, record the voided check number in your check register. Fees for Stop Payments . Banks usually charge a fee of up to $30.00 for canceling a check. The cost can vary, depending on how the cancel request is made or the type of client the payer is. You can ask your bank or credit union to cancel the check — also known as a stop payment order — but you'll want to act quickly, before the check can be cashed. 1.
A void check still contains your banking information and can be useful when someone is trying to set up an electronic link with your bank account. A voided check is a good source of information in this case since it contains the following details: The name of your bank or credit union. The number of your bank account.
How To Void A Check. If you want to successfully void a check, you will need to write the word ' VOID' across the front of the check. It is best to write the word in clear, big writing and make sure the words cross over any part of the check which contains information. Voiding a check is as simple as writing "VOID" in large letters across the front of the check, but there are a few other things to keep in mind. Follow these three steps to get a properly voided check for setting up direct deposit or other automatic payments.