What is a voided check for direct deposit?

A voided check for direct deposit is typically a check that has been marked as invalid and cannot be used for payment. This voided check is often requested by employers or financial institutions when setting up direct deposit for an individual's bank account.

When setting up direct deposit, individuals are usually required to provide a voided check as proof of their account number and routing number. The voided check allows the bank or financial institution to verify the correct account information and ensures that the deposit is made to the correct account.

Voided checks are marked by writing the word "VOID" across the check in large letters. This prevents the check from being used for any payment transactions and indicates that it is only being used for verification purposes.

It is important to keep the voided check secure and not use it for any other purpose to prevent any risk of fraud or unauthorized transactions. If a voided check is lost or stolen, it is recommended to contact the bank or financial institution immediately to prevent any potential unauthorized access to the account.