Direct deposit is a process where someone who is going to be paid on a recurring basis, such as an employee, or a recipient of a government entitlement or benefit program such as social security, is sent the payment owed to them into their checking or savings account. The reasons for doing this include:
- Instant access to the funds via an ATM or check card;
- A check can be lost or stolen anywhere between the sender and the intended payee;
- Payments made electronically can be less expensive to the payor.
Direct deposit eliminates mailing delays and alleviates the need to go somewhere to cash or deposit your check.
Direct Deposit Form With Voided Check In North Carolina
Category:
State:
Multi-State
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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FAQ
But to protect against fraud, be sure you write "VOID" across the front of the cheque in ink, and don't sign it. If you don't have a cheque or if you need help, contact your financial institution. Let them know you're signing up for direct deposit and they'll give you the information you need.
Simply write "void" across it in large letters and provide that. Or you can just provide the important numbers that appear on your cheque as shown here. You won't need the cheque number.
To Print a Void Cheque: Sign in to Online Banking and click Account Services from the My Services box on the right side of the page. Click View and Print Void Cheque from the navigation menu on the left.
The ability to stop or refund a direct deposit after voiding depends on the timing of the void and the status of the funds (whether the collection is successful or unconfirmed).
A void cheque will suffice for direct deposit. Take one of your cheques and write VOID across the front of it. Give this to your new employer. They will know which numbers they need from it.
To void a check for your employer to set up direct deposit, take a blank check and write “VOID” in large letters across the entire check. Be certain that you don't cover the routing or the account numbers, which your employer will use to ensure your paycheck goes to the right account.
How to Get a Void Check for Direct Deposit You can get a voided check by going to your bank and asking a teller to print one. Ask your bank if they have instructions on how to set up direct deposit.
Sign on to online banking. Select the account you want to link. From the “Manage My Account” dropdown, select “View cheque/direct deposit info.” A preview of your void cheque with your account information opens.
If you need to sign up for direct deposit but don't have a voided check, you can usually follow these steps: Contact Your Bank: Reach out to your bank or credit union and ask if they can provide you with an alternative document or information needed for direct deposit. Many banks can provide a direct deposit form.
Pre-authorized payment form or direct deposit form is as good as a void cheque, as long as your name and account number is on it, pre-printed, not hand-written.
