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Thread: Paysystems questions
04-29-2003, 01:25 PM #1phiGuest
Paysystems require a fax of a void cheque to activate your account. This may sound silly, but how do I issue a void cheque? It is not a commonly used term around our parts. They say "The void check is for the account that you want to be paid to." Does this mean it should be issue *from* the account I want to be paid to, or should it be issue *to* the account I want to be paid to? :huh: I tried asking their sales personnel but never really got a straight answer to that.
I'm so confused. Would appreciate if someone could clarify.
04-29-2003, 03:41 PM #2northwindGuest
Basically you fax them a account you want the payments to go into to.
To void a check is pretty Simple.
Write in VOID on the check. =)
You can do it at 3 spots,
The Payable To:
That is basically it I believe.
Also, make sure you include the date as reference. =)
05-01-2003, 12:01 AM #3phiGuest
Just to clarify... it means I need to fax them a cheque that is issued from the account I want the payments to go to?
05-04-2003, 05:06 AM #4northwindGuest
Most probably yes.
This way they can verify that you do indeed have a bank account. =)