As the name suggests, a check that cannot use for payments is known as a voided check. Across the check, if the word “void” is written, that particular check is called voided or a canceled check. Even though a voided check stands canceled, it can still be utilized to receive information required for electronic payments.
The meaning of the word ‘void’ is to cancel, and a voided check means a canceled check. Even though the check is canceled, it serves many purposes.
The check which is voided is not considered and cannot be made use as blank checks, and so it cannot be is utilized by somebody else. For example, if a person loses a void check, another person cannot cash it further.