How Can I Get Scotiabank Void Cheque in Canada?

How can I get a Scotiabank void cheque in Canada? Once you get a job in Canada, the payroll department will likely ask you to provide a void cheque to record your payment details. The cheque contains your account number and the bank’s routing number.

You can get a void cheque from Scotiabank in two ways; download one from the bank’s web or the mobile banking App. To access a void cheque from Scotiabank’s site, open the account page and select your chequing account. Then, go to the Direct Deposits and Payments option, look for Void Cheque, and choose view/print. 

To get a Scotiabank void cheque from the mobile banking app, open the app and click your chequing account from the home screen. Go to Manage and Direct Deposit/Void cheque info. Next, tap on the Void Cheque option and select View/Print. 

Understanding What a Void Cheque Is

A void cheque is a paper cheque with the word “VOID” written on it. The words make the cheque useless, so you can’t cash or deposit it. People mostly use voided cheques to provide their correct banking information to an employer or another individual. 

Voided cheques give your banking information since they have the bank’s routing and account number. Your employer needs these to set up an electronic transaction for your salaries. 

It would be best to have a void cheque to authorize an agency to deposit your money into your accounts or when setting up automatic loan and bill payments like utilities. 

How Can I Get Scotiabank Void Cheque Online?

You can get Scotiabank void cheques online by printing them from the website or mobile banking app. To print the cheque from the mobile banking app,

1. Open the app and tap on your chequing account
2. Click on Manage 
3. Go to Direct deposit/void cheque info
4. Select Void Cheque
5. Choose the view/print option

To get the cheque from the bank’s website, go to the account’s page and select your chequing account. Next, go to Direct Deposit and payments, and select the View/print option. 

Can You Get a Physical Scotiabank Void Cheque?

If you have trouble accessing the Scotiabank void cheque from the internet or mobile banking app, you can get it physically from your nearest branch. First, walk into the bank and talk to one of the customer representatives for guidance. 

Besides getting void cheques online and from the bank, you can make one from a regular cheque. Just write the word VOID across the cheque document in bold and visible letters. Ensure you also use bright ink for visibility. 

You can also void a cheque if you mistakenly filled in the payee details. Fraudsters can easily alter and deposit these cheques, resulting in money loss. 

Voiding a cheque instead of shredding or throwing it away is essential for record keeping. When you throw the damaged document, you might not remember canceling the cheque when planning your finances.

Nobody can cash or withdraw money from your account when you void the cheque. However, if you void a cheque to present to your employer, do not cover important numbers like the routine and account number with the letters. 

What If You Cannot Get a Voided Cheque?

Your employer could ask for a voided cheque, but you can’t have one since you don’t have a checkbook. Besides, revoking a cheque means one that has gone to waste. So instead of presenting a void cheque, you can get a direct deposit authorization form. 

A direct deposit authorization form allows the employer to deposit money directly into your account. You must be extra careful not to get the routine and account numbers wrong when filling out this form. 

You can also get a voided counter cheque for your employer. The bank provides a blank paper cheque used to withdraw money from an individual’s account. The client can fill out this cheque to allow you to withdraw money from their account. 

Alternatively, you can provide a deposit slip that contains your payment details. These should have your bank account number and routing number. You can also get a deposit slip included in your checkbook. 

Lastly, photocopy a cheque or deposit slip and present it to the employer. This way, you don’t need to alter your cheques by writing the word void across them. Photocopy of cheques is safe to use because the banks do not cash them. 

If you still can’t get these documents, ask the bank to print an official letter with your banking details. The letter should contain your account number and the routing number required for setting up a direct deposit account. 

When To Void a Cheque

Besides voiding a cheque when presenting it to an employer for payment details, you can cancel it if you wrote the wrong amount of dollars. It stops the payee from cashing it or drawing money from the bank. 

However, you cannot void a cheque after giving it to the payee. Even if you made a mistake in the number of dollars, they could withdraw the stated amounts. 

If there’s a mistake in the written amounts, you could request a stop payment from the bank. Note that this will involve a fee, depending on your bank’s policies. 

How To Read a Void Cheque

A void cheque is an open cheque with the words VOID written across it. As an employer, you need three vital numbers on the cheque to set up direct deposits for your employees or pre-authorized payments. 

The three crucial numbers are;

1. Transit Or Branch Number

A transit number is a 5-digit number found at the bottom of the cheque. It identifies the Scotiabank branch where you opened your account, usually your home branch. 

2. The Account Number

An account number is a 12-digit number representing your deposit account or personal line of credit. You must fill in the correct account number for the employer to successfully deposit cash in your account. 

3. Financial Institution Number

All the financial institutions in Canada have a 3-digit institution number. For example, Scotiabank’s institution number is 002.

Note that when giving a void cheque to your employer, you should not sign it. Thankfully, it reduces the chances of unauthorized usage since a cheque is incomplete without a signature. 

Can You Deposit a Void Cheque in an ATM?

You should not deposit a voided cheque. Although the ATM cannot identify such cheques, human tellers will recognize them when reviewing machine deposits. 

If an individual successfully withdraws the funds, the teller transfers the money from the recipient’s account to the owner. However, if you notice a withdrawal of funds from your account using a cheque you voided, you can report it to the bank. 

Takeaway

So if you’re still wondering “how can I get a Scotiabank void cheque”, the process should now be quite simple and easy to understand. Hopefully, this has been a helpful guide for you to obtain a void cheque for any of your financial needs.