How to Get a CIBC Void Cheque in 2025?

A void cheque from CIBC is a cheque that has the word “VOID” written across it in large, bold letters. This invalidates the cheque, making it non-negotiable and preventing it from being used to withdraw funds.

CIBC customers are often asked to provide void cheques when setting up direct deposit for payroll or automatic bill payments. The void cheque contains all the necessary account information to securely link the customer’s CIBC bank account with the external company or organization.

Key Details About CIBC Void Cheques

• A voided CIBC cheque cannot be deposited or cashed since the “VOID” inscription prevents it from being processed.
• The numbers along the bottom – including transit number, institution number, and account number – remain visible. This allows accurate linking for direct deposits and automated transfers.
• The cheque owner’s personal information and signature area also remain uncovered so their identity can be verified.
• “VOID” is written in dark ink across the entire cheque, usually in large block letters. This makes it unalterable.
• CIBC void cheques enable the secure sharing of account details while eliminating the risk of unauthorized withdrawals.

Why Do You Need a CIBC Void Cheque?

There are four important reasons why consumers, businesses, and organizations require void cheques from CIBC account holders.

Set Up Direct Deposit of Payroll

Employers often require void cheques to set up direct deposit for employee payroll.

• The cheque provides the necessary branch, institution, and account numbers to deposit payment automatically.
• Voided cheques reduce the risk of errors that can occur with manual data entry.
• The employer retains a secure record of the account link in the employee’s file.

Automate Bill Payments

Many companies accept void cheques to establish automatic bill payments from a customer’s CIBC account.

• Utility companies, insurance providers, and other service companies can withdraw monthly payments.
• Customers avoid late fees and benefit from hassle-free automated payments.
• Companies lower administrative costs by reducing paper cheques and manual processing.

Share Bank Details Securely

Void cheques allow account details to be shared safely so direct deposits and transfers can be set up.

• The voided cheque contains all the information needed to connect to the account electronically.
• The “VOID” text prevents fraudulent withdrawals or misuse of the cheque.
• Recipients can verify the customer’s identity and account ownership based on the visible details.
• Customers avoid revealing sensitive information like bank card numbers or online login credentials.

Avoid Issues With Misdirected Funds

Mistakes from data entry errors can result in payroll or payments being deposited into the wrong accounts. Void cheques help prevent this.

• The company has an accurate record of the correct recipient account details.
• Automated systems have the proper account numbers encoded to direct transfers.
• Payroll and payment errors are reduced, preventing time-consuming corrections.

How to Get a CIBC Void Cheque?

CIBC provides three convenient methods for customers to obtain void cheques. The fastest and easiest options are through online or mobile banking.

Online Banking

1. Log into online banking at cibc.com
2. Under “My Accounts,” choose the account you want to link for direct deposit.
3. Select “Void cheque/direct deposit info” under “Manage My Account.”
4. A prefilled form opens with the account details. Print or submit this digitally to the company requesting your information.

Mobile App

1. Open the CIBC Mobile Banking® App and log into your account.
2. Select the account that will receive deposits/transfers.
3. Tap “Account Info” and your details will appear.
4. Print or send these details digitally to the requesting payor.

Chequebook

1. Take a cheque and write “VOID” legibly in large letters across the front.
2. Make sure the MICR code line on the bottom edge remains visible.
3. Send the voided cheque to the company that requested it.

Alternative Ways to Share Account Information

If you don’t have cheques or prefer not to provide a voided cheque, CIBC offers alternatives to securely share your account details.

Pre-Authorized Debit (PAD) Form

The Payroll, Direct Deposit or Pre-Authorized Payment Form allows you to share your details without a void cheque.

• Fill in your name, account number, transit number and other requested info.
• Sign and date the form digitally or with a physical signature.
• Submit the PAD form by email, mail or in person.

Account Information Form

You can access a prefilled account details form directly through CIBC online or mobile banking.

• Your transit number, institution number, and account number will be entered automatically.
• Print this form or save it digitally to share with the company requesting your information.

Decoding the Numbers on a CIBC Void Cheque

CIBC void cheques contain a string of numbers along the bottom that provide key details.

Transit Number

The five digits on the far left are the transit number (also called the branch number).

• This identifies the specific CIBC branch that holds your account.
• It enables deposits and transfers to be directed to the correct branch.

Institution Number

The next three digits are the institution number (or bank number).

• For CIBC, this is always 010.
• It specifies CIBC as the financial institution for the account.

Account Number

The remaining seven digits on the right represent the customer’s unique account number.

• This links the transfer or deposit to the individual account holder.
• The account number changes for each of a customer’s accounts.

Full review: CIBC Routing Number in Canada

Sending Void Cheques Securely

Void cheques provide more security than sharing full account details. However, four precautions should still be taken when submitting void cheques:

• Do not sign the cheque: This eliminates the small risk of an unauthorized second signature.
• Send directly when possible: Hand the void cheque to the recipient in person or use tracked/registered mail.
• Use encrypted digital transfer: For email, encrypt the file or send it through a secure portal.
• Verify recipient: Call to confirm they received the void cheque before sending a replacement.

How to Manage Your CIBC Account Online?

CIBC offers convenient digital account management capabilities through online and mobile banking. Customers can take actions like updating personal information, setting up direct deposit, and accessing account details without having to visit a branch.

Update Personal Information

You can conveniently update your personal details including:

• Email, phone number, password
• Contact information
• Home and mailing address

Make these changes easily in your profile on CIBC Online Banking or the Mobile Banking App. Updates take effect right away.

Set Up Direct Deposit

Follow these steps to establish direct deposit of your payroll, pension or other regular payments:

• Fill out the Payroll, Direct Deposit or Pre-Authorized Payment Form.
• Enter your CIBC account details including transit number, institution number and account number.
• Submit the completed form to your employer or other payment provider.

Access Account Information

If you need to reference your account details:

• Sign into CIBC Online Banking and go to “My Accounts.”
• Your transit number, institution number, and account number will be visible.
• You can also print an Account Information form pre-filled with your details.

Need help finding and using Void Cheque in another banking in Canada :

• Simplii Financial Void Cheque

Summary

• CIBC void cheques allow customers to securely share account details for direct deposits and automatic transfers.
• The cheque contains key information like transit number, institution number, and account number.
• Voided CIBC cheques prevent unauthorized transactions while enabling seamless connections for payroll and payments.
• Customers can easily obtain void cheques through online/mobile banking or by visiting a branch. Take precautions when submitting them.
• Alternatives like pre-authorized debit forms also share details without needing an actual void cheque.

CIBC void cheques deliver convenience, security, and simplicity for managing automated finances.

Frequently Asked Questions