How to Void a Check | Direct Deposit and Correcting Errors | Money Instructor

A guide on how to void checks, whether you're setting up direct deposit, arranging automatic bill payments, or correcting a mistake made while writing checks.

A lesson on the fundamentals of handling and voiding checks, this video is a comprehensive guide for those unfamiliar with the world of paper transactions. You will learn the significance of checks and the situations where they might be required. Delving into the process of voiding, the video educates viewers on how to correctly mark a check as "VOID", ensuring it's non-redeemable at banks. Emphasis is placed on the importance of preserving check details and the situations where simply destroying a check isn't adequate. An invaluable tip regarding maintaining records of voided checks is shared for safeguarding against potential discrepancies. By the end, viewers will be equipped with the knowledge to confidently manage, void, and keep records of their checks. A check writing 101 tutorial.

Checking Playlist:

Banking Playlist:

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Money Instructor is the leading source for financial education and skills development. For over two decades, we have been assisting educators, students, parents, and others in teaching and learning about money skills, personal finance, money management, investing, business, and career development. We provide resources and tools to help teachers, parents, and institutions teach these crucial skills to young people. By doing so, we also aim to reinforce basic math, reading, vocabulary, and other fundamental skills that are essential for success in life.
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Money Instructor does not provide tax, legal or accounting advice. This material has been prepared for educational and informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors regarding your own situation. Although the information has been researched and vetted beforehand, it may not be current at the time of viewing.