Void cheques. The magical little tool that helps you set up pre-authorized debits, or more importantly, get paid. If you’re with Tangerine, you may be wondering how to get a Tangerine void cheque.
In addition to its excellent credit cards where, for instance, you can get customized cash back reward categories with their Money-Back credit card, you can take advantage of their chequing accounts and easy-to-obtain void cheques.
So without further delay, let’s go over how you can easily get your own Tangerine void cheque.
Tangerine void cheque info – everything you need to know
Let’s start with the basics. What is a void cheque and is there any difference between a Tangerine void cheque and a void cheque from say, CIBC?
For starters, a void cheque is a cheque that has your banking information on it that can tell a company or another person where to send money or where they can expect to receive money.
The one important thing to note is that it should have a big “VOID” written on it to avoid being actually cashed in.
Most commonly, you’ll need one when you start working so your company can set up a direct deposit and your paycheque can go straight to your bank account.
How to get a Tangerine void cheque
Getting a Tangerine void cheque is quite simple.
If you have a chequing account with them, you will be eligible to get free cheques. Ordering your free cheques from Tangerine is easy.
- Sign in to your Tangerine account.
- Select the chequing account you want your cheques to draw money from.
- Click “Order Cheques”.
- Follow the instructions and you should receive your chequebook within 2 weeks.
The nice thing is that their No Fee Daily Chequing Account includes 50 cheques for free. If you run out of cheques, you can order more, but you should remember that a new chequebook (with 50 cheques) will cost $20.
How to download a digital Tangerine void cheque for free
Though it’s unlikely that you’ll burn through your 50 free cheques that quickly, there’s an alternative option that will probably interest you.
You can get a digital PDF Tangerine void cheque for free. It has all the same information that’s on a normal void cheque that you could make yourself and it takes minutes to download.
- Sign into your Tangerine account.
- Select the chequing account you want your cheques to draw money from.
- Click on “Void Cheque”.
- Download the PDF and send it to your payroll guy or wherever it needs to go.
It might be more convenient to get the digital void cheque, but it never hurts to have a chequebook on hand if you need it, despite how digital everything is going these days.
You might kind of feel like you're "adulting" once you get out of school and start getting excited about getting cheques by mail.
How to read a Tangerine void cheque
Cheques in general are more or less the same, so if you’ve seen one, you’ve seen them all. For Tangerine’s cheques, though, there are some minor differences from theirs and other banks’ cheques.
The numbers at the bottom of a cheque represent the info needed to get the money where it needs to go.
There are 3 numbers you’ll need to know:
- Transit number – This refers to the branch of the bank that your account belongs to. The difference here is that Tangerine is an online bank. Therefore, the transit number is the same number for all accounts: 00152.
- Financial institution number – Even though the parent bank is Scotiabank, Tangerine gets its own financial institution number: 614.
- Account number – This is your account number. Tangerine’s account numbers have 10 digits, though some other banks may have fewer digits or more. For instance, BMO’s void cheques will have 7 digits for their account number.
Now you’re ready to get your own Tangerine void cheque
Well, with how simple it is to get your direct deposits going, that’s probably more than enough Tangerine void cheque info than you’ll need in a lifetime.
Do you enjoy banking with Tangerine? Are you taking advantage of their strong credit card offers like the Tangerine World Mastercard? Or have your experiences been a little…sour?
Let us know in the comments below.
FAQ
How do I get a Tangerine void cheque?
If you already have a chequebook from Tangerine (you can get a booklet of 50 for free with their No Fee Daily Chequing Account), you can simply write VOID across one of the cheques as it has all the info your payer/payee needs.
Can I get a digital version of my Tangerine void cheque?
Yes, all you need to do is log in, find the correct chequing account, and download the PDF file from the page. You can now send it via email or print your Tangerine void cheque.
How do I read a Tangerine void cheque?
It’s not really important to read and memorize the numbers at the bottom of a cheque, but it’s good to know. The 3 numbers at the bottom of the void cheque (not including the cheque number) are the transit number, the financial institution number, and your account number.
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