What Is a Voided Check?
Definition
A voided check is a check that has been cancelled so that it cannot be used for payment. When a check is voided, the payee and the amount are usually written in pen across the face of the check. This is done to prevent someone from forging the payee’s signature and using the check for payment.
How a Voided Check Works
Voiding a check is a way of ensuring that the check cannot be used for payment. When you void a check, you write “Voided” across the face of the check and usually also write the payee and the amount. This makes it impossible to alter the check and use it for payment.
Why You Might Void a Check
There are a few reasons why you might need to void a check. For example, if you make a mistake when writing the check, you will usually void it and write a new one. Or, if you change your mind about paying someone, you can void the check rather than deposit it. Finally, if you lose a check before you have a chance to deposit it, you will need to void it so that no one else can find it and use it.
How to Void a Check
Voiding a check is easy to do. Simply write the word “Voided” across the face of the check, and then write the payee and the amount. You can also write “For Deposit Only” to make it clear that the check should not be used for payment. Once you have voided the check, you should destroy it so that no one can find it and use it.
There are a few things to keep in mind when voiding a check. First, make sure that you write “Voided” in large letters so that it cannot be altered. Second, write the payee and the amount in pen so that they cannot be changed. Finally, destroy the check so that no one can find it and use it.