How to Write Out a Voided Check for Direct Deposit
Writing out a voided check for direct deposit is a crucial step in setting up your bank account for automatic deposits. This process involves creating a check that is marked as ‘voided,’ which ensures that it cannot be cashed or deposited. Here’s a step-by-step guide on how to write out a voided check for direct deposit.
Step 1: Obtain a Voided Check
First, you need to obtain a voided check from your bank. A voided check is a check that has been canceled and cannot be used for any transactions. You can typically get one from your bank by asking for a duplicate check or by requesting a new checkbook.
Step 2: Fill in the Payee Information
Write the name of the entity or individual that will be receiving the direct deposit on the “Payee” line of the voided check. This could be your employer, a government agency, or any other entity that requires a voided check for direct deposit purposes.
Step 3: Date the Check
Fill in the date on the voided check. It should be the current date when you are writing the check. This date is important for the recipient to know when the funds were authorized for the direct deposit.
Step 4: Write the Amount in Numbers
On the “Amount” line, write the numerical value of the check. This amount should be the same as the amount you expect to be deposited into your account. It is essential to double-check this amount to ensure accuracy.
Step 5: Write the Amount in Words
Below the numerical amount, write the amount in words to provide an additional layer of verification. For example, if the amount is $1,000, write “One thousand and 00/100 dollars.”
Step 6: Sign the Check
Sign the voided check as you would any other check. This signature authorizes the payment of the funds to the payee.
Step 7: Provide Additional Information (if required)
Some institutions may require additional information on the voided check, such as your account number or routing number. If so, make sure to include this information where indicated.
Step 8: Submit the Voided Check
Once you have completed the voided check, submit it to the entity or individual that requires it for direct deposit purposes. They will use this information to set up the direct deposit in your account.
In conclusion, writing out a voided check for direct deposit is a straightforward process that involves filling in the necessary information and submitting the check to the appropriate party. By following these steps, you can ensure that your direct deposit is set up correctly and that your funds are deposited into your account as expected.
