What Is a Void Cheque and How Do You Use It in Canada? A Simple Guide

What Is a Void Cheque and How Do You Use It in Canada? A Simple Guide

If you’ve ever set up direct deposit, pre-authorized payments, or automated withdrawals in Canada, chances are you’ve been asked to provide a void cheque. But what exactly is a void cheque, and why is it so commonly requested by banks and employers? In this guide, we’ll walk you through everything you need to know about…