A void cheque is a type of cheque that has “void” written across it, which means that it cannot be cashed or deposited. Void cheques are often used to set up automatic payments, such as direct deposit of paychecks or automatic bill payments. If you have a CIBC (Canadian Imperial Bank of Commerce) account, you may be asked to provide a void cheque to set up these types of automatic payments.
How To Get Void Cheque CIBC?
Here’s how to get a void cheque from CIBC:
- Find a blank cheque from your CIBC cheque book. Make sure that the cheque has your name and account information printed on it.
- Write the word “void” in large, clear letters across the front of the cheque. Make sure that the word “void” covers the entire cheque, including the date, payee, and signature lines.
- Take a photo or scan of the void cheque and save it to your computer or device. Alternatively, you can write “void” on a blank piece of paper and attach it to the front of the cheque.
- If you need to provide a physical copy of the void cheque, you can either print out the scanned or photographed image or take the actual cheque to a CIBC branch.
- If you need to provide an electronic copy of the void cheque, you can either email the scanned or photographed image or use CIBC’s eDeposit service to upload the image of the void cheque.
To use CIBC’s eDeposit service, you will need to have the CIBC Mobile Banking App and be enrolled in eDeposit.
How to use eDeposit to send a void cheque?
Here’s how to use eDeposit to send a void cheque:
- Open the CIBC Mobile Banking App and log in with your user ID and password.
- Tap on the “Deposit” icon in the bottom menu.
- Tap on the “Deposit Cheques” option.
- Follow the prompts to select the account you want to deposit the void cheque into and enter the amount of the cheque (which should be zero).
- Take a photo of the front and back of the void cheque. Make sure that the images are clear and all the information is visible.
- Review the information and confirm the deposit.
Once you have provided a void cheque to your employer or service provider, they will be able to set up automatic payments to your CIBC account. This can be a convenient way to receive your payment or pay your bills, as it eliminates the need to manually deposit or transfer funds.
It’s important to keep in mind that a void cheque cannot be used to withdraw funds from your account. If you need to withdraw money, you will need to use a different type of cheque or visit a CIBC branch or ATM.
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