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Void Cheque
A void cheque is a cheque with the word VOID written on it. This renders it invalid and prevents anyone from filling it out. A void cheque can be used to give or receive banking information for electronic payments/transfers but it cannot be used for payment.
Frequently Asked Questions
What can someone do with a void Cheque?
A void cheque can be used to give or receive banking information for electronic payments/transfers. It can also be used as an electronic link to your bank account.
Is it safe to give a void Cheque?
Yes. It is safe to give a void cheque because there is the word VOID on it, and banks look out for this. It cannot be used to withdraw money from your account.