A voided check is a check with the word "VOID" written across it, making it invalid for payments but still displaying important banking details. It’s used to provide accurate information for direct deposits or pre-authorized payments.
This document should include:
Business name, bank name, and account details
The check must be in the business's name
The check should match the bank statement and account number
A voided check ensures the correct banking information is used for transactions while preventing misuse of the check itself.