What is the cheque number on a void cheque?

There is no cheque number on an EQ Bank void cheque, as you won’t be issuing direct payments from your EQ Bank account using a cheque. 5. Transit (branch) number: This 5-digit number refers to the specific bank branch where you initially opened your bank account. For EQ bank, the transit number is the same for all customers, and it is “80002”. 6.

How to setup direct deposits in eQ Bank?

Click on “Direct Deposit” to generate an EQ void cheque you can use to setup direct deposits EQ Bank’s void cheque contains all the information that would normally be on a cheque (i.e. transit number, institution number, and account number). Related: Best Banks for Newcomers to Canada.

What is a voided check used for?

The most common use for a voided check is to establish a direct deposit¹. If you’re going to receive payments from an employer electronically, you can send them a voided check, so they have all of your bank information. You can also use a voided check to set up automatic electronic payments, including ongoing expenses such as rent and bills.

Can you void a check if it has been deposited?

Not exactly. To void a check, you’d have to cancel it before the recipient had deposited it. But this isn’t the same as a canceled check. A canceled check is one that the bank has already cleared. It means that the check can no longer be used after it has been cashed or deposited.