Simplii Financial Void Cheque: The Complete Guide for Direct Deposits & Payments

Void cheques from Simplii Financial provide important account details that are often needed for setting up direct deposits or pre-authorized debit payments. In this comprehensive guide, we’ll walk through how to easily access a Simplii void cheque online, understand the key details printed on a void cheque, and leverage void cheques for seamless banking transactions.

How To Access A Simplii Financial Void Cheque?

Accessing a Simplii Financial void cheque is quick and easy through the online banking portal. Follow four simple steps for Simplii online banking login:

1. Log into your Simplii Financial online banking account at www.simplii.com.
2. Navigate to the “Account Details” or “Order Cheques” page. This can typically be found under the “Accounts” section.
3. Look for the option “Get Void Cheque/Direct Deposit Info” and select it.
4. You will then have the option to save or print the void cheque that is generated. Be sure to save the PDF copy or print it for your records.

And that’s it! Within a few minutes you can have easy access to a void cheque from Simplii Financial whenever you need it.

Ordering Free Personalized Cheques

Along with accessing void cheques digitally, Simplii Financial offers free personalized cheques to account holders. To order cheques:

1. Log into online banking.
2. Under “More Services”, go to “Account Services”
3. Select “Order Cheques”
4. Follow the on-screen prompts to customize and order your chequebook.

Your new cheques will be delivered within 7-10 business days. This makes it easy to have physical cheques when needed while still taking advantage of the convenience of online banking.

What Details Are Printed On A Simplii Financial Void Cheque?

When you access a void cheque from Simplii Financial, you’ll notice there are three key pieces of information printed on the cheque:

• Account Number: The account number is a unique set of digits that identifies your specific bank account. This number is printed in the middle of the MICR line at the bottom of the cheque.
• Simplii Transit Number: The five-digit transit number identifies the financial institution and branch associated with your account. It is also printed on the MICR line.
• Simplii Financial Institution Number: This three digit number identifies Simplii Financial specifically. For Simplii cheques, this will be 010.

Below is an example of where to find these details on a Simplii Financial void cheque:

Understanding what these numbers are used for and where to find them on your cheque makes it easy to confidently use your Simplii void cheque for various banking needs.

Full review: Finding Your Simplii Financial Routing Number in Canada

How To Use A Simplii Void Cheque For Direct Deposits?

One of the most common uses of void cheques is to provide your employer or other payment issuers with your direct deposit information. Here is how to set up direct deposits with your Simplii void cheque:

1. Locate your account number, transit number, and financial institution number on your void cheque.
2. Provide these numbers, along with your printed void cheque, to your employer’s payroll or benefits administrator.
3. Your employer can then set up an automated direct deposit into your Simplii Financial account using the details from your void cheque.

Once the direct deposit is set up, you can expect to receive payments like payroll, pensions, or government benefits directly into your Simplii account moving forward. It’s a simple and secure process.

Pre-Authorized Debits With A Simplii Financial Void Cheque

Pre-authorized debits allow companies to withdraw funds directly from your Simplii Financial account on a scheduled basis. Here is how to use your void cheque to set up pre-authorized debits:

1. On your void cheque, locate your account number, transit number, and financial institution number.
2. Provide these details along with your void cheque to any company you wish to authorize for direct withdrawals. This may include utilities, insurance companies, mortgage payments, government taxes, or other service providers.
3. The company can then set up automated payments to be withdrawn from your Simplii Financial account on your scheduled payment dates.

The convenience of pre-authorized debits means you don’t have to manually send payments each month. Payments will be processed automatically based on the details from your Simplii void cheque. You can cancel or change the pre-authorized debit arrangements through Simplii’s online banking at any time.

Alternatives To Simplii Financial Void Cheques

While void cheques are useful for providing your account information, you also have a couple of different options:

Simplii Direct Deposit Form

If you don’t have cheques with Simplii Financial, you can access a direct deposit form directly through your online banking:

1. Log into online banking and go to “More Services”
2. Under “Account Services”, select “Order Cheques”
3. Choose “Get Void Cheque/Direct Deposit Info”
4. Select the “Direct Deposit Form” option
5. Print and sign the form to provide to your employer or other payee.

Simplii Bank Statement

Bank statements also display your account number, transit number, and financial institution details. You can provide digital or printed bank statements in place of a void cheque.

• For digital statements, log into online banking and access your PDF statements to email or upload as needed.
• To print statements, select the statement period, open the PDF, and print through your computer.

As long as the account details are visible, bank statements can work similarly to void cheques when needed.

Step-By-Step Guide To Depositing Cheques With Simplii Financial

Depositing cheques with Simplii Financial is easy, with the option to use mobile cheque deposits right from your smartphone. Here is a step-by-step guide to depositing cheques through the Simplii Financial mobile app:

What You’ll Need:

• An iOS or Android smartphone with the Simplii Financial app
• A cheque payable to you in Canadian dollars

Mobile Deposit Steps:

1. Endorse the back of the cheque by signing your name and writing “For deposit only.”
2. Open the Simplii Financial mobile app and select “Mobile Deposit” or tap the camera button.
3. Select the account where you want to deposit the funds.
4. Use your smartphone camera to take a picture of the front and back of the cheque.
5. Verify that the amount of the cheque is entered correctly by the app.
6. Select “Submit” to complete the deposit.

Once submitted, the funds will quickly become available in your Simplii account, often within 1-3 business days. You’ll receive a confirmation with the details of your mobile deposit.

Helpful Tips:

• Ensure you have enough light and contrast when capturing cheque images. Place the cheque on a dark surface.
• Make sure the full cheque is visible in the camera frame with no corners or edges cut off.
• Keep the original cheque for at least 5 business days after depositing it, then destroy it for security.
• Double-check that the deposit amount matches the actual cheque amount before submitting it.

Mobile cheque deposits provide a secure and convenient way to deposit cheques 24/7 without visiting a bank branch. This feature makes banking with Simplii Financial even more flexible and accessible.

A Step-By-Step Guide To eTransfers With Simplii Financial

Sending and receiving eTransfers is a quick, secure way to transfer money between individuals or pay for goods and services. Here is a complete walkthrough for using eTransfers with Simplii Financial:

Sending an eTransfer:

1. Log into Simplii’s online banking or mobile app.
2. Select “Send eTransfer” and choose the account from which you wish to transfer funds.
3. Enter the recipient’s email address or mobile number, along with a security question and answer.
4. Enter the transfer amount and any optional message.
5. Review the details and confirm the transfer.

The recipient will receive an email or text notification to deposit the funds. As the sender, you will receive confirmation when the transfer is deposited.

Receiving an eTransfer:

1. When you are sent an eTransfer, you’ll receive an email or text notification from Simplii Financial.
2. Log into your Simplii online banking or mobile app and select “Deposit eTransfer.”
3. Choose the account where you want the money deposited.
4. Enter the security answer that was created by the sender.
5. Review and submit to complete the deposit.

The funds will immediately be available in your account. It’s the fastest way to receive money or pay someone electronically.

eTransfer Tips:

• Use Autodeposit to skip entering the security question/answer each time.
• Send a test transfer first to confirm the recipient’s email or mobile number.
• Notify the recipient to accept the funds promptly or the transfer may expire.
• Save preferred contacts to speed up future eTransfers.

With convenient online and mobile options, Simplii Financial eTransfers offer an easy way to send and receive money in just minutes. Give it a try for your next payment or funds transfer need.

Read more: How to Find Your Tangerine Routing Number in Canada

Paying Bills and Managing Payees With Simplii Financial

Paying bills online is a convenient feature offered through Simplii Financial’s online and mobile banking platforms. Follow these steps to easily pay bills and manage payees:

Adding a Payee

1. Log into Simplii online or mobile banking and select “Pay Bills.”
2. Choose “Add/Edit Payee” and search for the company you want to pay.
3. Select the correct company from the search results and enter your account number with them.
4. Confirm the details are correct. The payee is now added.

Paying a Bill

1. Under “Pay Bills”, pick the payee you want to send a payment to.
2. Enter the payment amount and date on which you want the bill paid.
3. Review details then confirm the payment. The bill is now paid.

Manage Payees

• To edit a payee, choose “Add/Edit Payee” and select the payee to update.
• To delete a payee, choose the payee and select “Delete Payee.”

Tips:

• Schedule recurring payments for bills with the same amount each month.
• Pay immediately or schedule payments up to a year in advance.
• Categorize payees into groups like household, utilities, subscriptions, etc.

With a few clicks, you can securely pay almost any bill directly from your Simplii Financial account. Setup is quick, and online bill payment helps you stay organized and avoid late fees.

How To Transfer Funds Instantly Between Simplii Accounts?

Simplii Financial makes it easy to securely transfer money between your personal or business accounts. Follow these simple steps to transfer funds online or via mobile app:

Online Funds Transfer

1. Log into Simplii Financial online banking.
2. Select “Transfers” from the menu or dashboard.
3. Choose the “From” and “To” accounts.
4. Enter the transfer amount.
5. Select the transfer date.
6. Review details then select “Confirm” to complete transfer.

Mobile Funds Transfer

1. In the Simplii mobile app, tap “Move Money.”
2. Choose the “From” and “To” accounts.
3. Enter the transfer amount.
4. Pick one-time or recurring transfer frequency.
5. Review details then confirm the transfer.

Funds will be moved from one account to the other instantly. You can check both account balances to confirm the transfer. Online and mobile options make moving money between accounts fast and easy with Simplii Financial.

How To Order Simplii Cheque Book and Access Cheque Images?

Although cheque usage is declining, some situations still require writing a cheque. Simplii Financial account holders can order free personalized chequebooks and access cheque images online.

Ordering Cheque Books

1. Log into online banking and select “More Services.”
2. Choose “Account Services” followed by “Order Cheques.”
3. Customize chequebook details, including name, address, and cheque quantity.
4. Review and submit the order. Cheques arrive within 10 business days.

Accessing Cheque Images

1. In online or mobile banking, choose the account from which the cheque was withdrawn.
2. Select “Account Activity” to see transactions.
3. Locate the cheque transaction and click on it.
4. The cheque image will open, which you can view or save.

Cheque images are available online for 6 years after being cashed. Order free chequebooks as needed, then leverage online access to cheque images for easy account management.

How To Set Up Alerts for Account Security?

Simplii Financial offers customizable account alerts that can help you monitor your account activity and enhance security. Here are five key alerts to consider setting up:

Balance Alerts

Set up alerts to receive notifications when your account balance reaches a specified threshold. This can alert you to expected deposits or withdrawals or any suspicious activity.

Transaction Alerts

Transaction alerts send a notification when certain transaction parameters are met, such as transaction size or recipient. Use these to stay on top of account activity.

Password Change Alerts

You can opt to be notified any time your Simplii Financial login credentials are changed. This acts as an early warning for potential fraudulent access.

Location-Based Alerts

If your debit card is used outside your regular geographic area, a location alert will let you know. This helps identify suspicious activity.

Manually Disabling Cards

Temporarily disable debit or credit cards when traveling or for additional security through online banking. Re-enable when needed.

To set up alerts, simply log into online or mobile banking and access the “Manage My Alerts” section. Customize alert triggers and delivery methods according to your preferences. Alerts offer peace of mind and an early warning for potential fraud.

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

• CIBC Void Cheques

Key Takeaways on Simplii Financial Void Cheque

• Simplii Financial void cheque provides easy access to your account number, transit number, and institution number needed for direct bank transfers.
• Key details like account, transit, and institution numbers can also be obtained through direct deposit forms or bank statements.
• Submit void cheque info to employers for direct deposits or to service providers to authorize pre-authorized payments.
• Online and mobile deposit of cheques is simple with Simplii Financial’s mobile deposit feature.
• Set up alerts to monitor account activity and enhance the security of your Simplii Financial accounts.

With this overview, you have all the details needed to effectively access, understand, and utilize Simplii Financial void cheque. Reach out to Simplii’s banking specialists for any additional guidance on seamless account management.

Frequently Asked Questions About Simplii Financial Void Cheque

How do I get a void cheque from Simplii Financial?

Log into online banking and go to Account Details or Order Cheques. Select "Get Void Cheque/Direct Deposit Info" and you can save or print the void cheque displayed.

What is printed on a Simplii Financial void cheque?

Key details are the account number, transit number (30800), and financial institution number (010). These identify your account details needed for direct deposits and pre-authorized debits.

Can I deposit a cheque with Simplii Financial using my mobile?

Yes, Simplii offers the ability to deposit cheques by taking photos through the mobile app. Simply endorse the cheque, take pictures, enter the amount, and submit the deposit.

How long does an eTransfer take with Simplii Financial?

eTransfers are processed instantly and funds are available to the recipient within 30 minutes after security question confirmation. Simplii eTransfers offer real-time money transfer.

How do I order chequebooks from Simplii Financial?

Log into online banking and go to Account Services > Order Cheques. Customize and submit your chequebook order. Simplii provides free personalized cheque books to account holders.

How do I cancel a pre-authorized debit with Simplii Financial?

To cancel a pre-authorized debit, contact Simplii Financial's online chat support or banking advisor by phone. You will need to provide details on the pre-authorized transaction you wish to cancel.