How to prepare cancelled cheque?

A canceled check is a check that has been marked as “cancelled” by a bank after it has been processed and the funds have been transferred. To prepare a canceled check, you will need to follow these steps:

  1. Write the check: Fill out the check with the correct information, including the payee’s name, the amount, and the date.
  2. Sign the check: Sign the check in the designated area.
  3. Make the payment: Take the check to the bank or use online banking to make the payment.
  4. Wait for the check to clear: After the check has been processed, the bank will mark it as “cancelled” and the funds will be transferred to the payee’s account.
  5. Request for the cancelled cheque: You can request for the cancelled cheque from the bank by visiting the bank in person or by contacting the bank through the phone or online banking.
  6. Obtain the canceled cheque: Once the bank has processed your request, you will receive the canceled cheque.

It’s important to note that some banks may also provide the facility of e-cheque or e-image of the cheque, where you may receive the image of the cancelled cheque through email or online banking portal.