A voided check is a check that has been rendered invalid or canceled and is no longer usable for making payments. This is typically done by writing the word "VOID" across the check in large letters or by punching a hole in the check. Voiding a check is a security measure to prevent it from being used fraudulently.
When a check is voided, it cannot be cashed or deposited by anyone. It is important to keep voided checks in a secure place to prevent them from falling into the wrong hands. Voided checks are commonly used for setting up direct deposit, providing proof of account information, or verifying bank details for electronic payments.
It is recommended to keep a record of voided checks in case they are needed for verification purposes in the future. Do not throw away voided checks as they may contain sensitive financial information.
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