Tangerine Bank is an online bank that offers free chequing accounts, savings accounts, investments for registered and non-registered accounts, and a top-of-the-line cashback credit card.
Its chequing account includes unlimited free debit transactions, and your first chequebook order of 50 cheques is free.
While cheques are not as popular as they once were, you may need to provide a Tangerine void cheque to your employer so they can pay you by direct deposit.
Tangerine Bank void cheque samples also come in handy when setting up automatic payments using pre-authorized debit, such as your rent, mortgage, or insurance payments.
How To Get a Tangerine Void Cheque (Sample Cheque) Online
Tangerine is unique in that it is one of a few online banks that offer free cheques alongside its no-fee chequing account.
If you have a Tangerine chequebook, you can simply write “VOID” across the front of it using a pen. This voids the cheque, and you can share it with whoever needs it (e.g. an employer).
If you don’t have a chequebook, you can order one from Tangerine by following these steps:
- Sign in to your Tangerine Online Banking portal
- Click on the chequing account you want to request cheques for
- Select “Order Cheques”
- Follow the on-screen instructions to complete your order
- The cheque is sent to you within 1-2 weeks
Note that after your first free cheque order, each Tangerine cheque book you order costs $50.
You can save your paper cheques for more important transactions and simply download a PDF Tangerine void cheque online using these steps:
- Sign in to your Tangerine Online Banking portal
- Click on the chequing account you need a void cheque for
- Click on “Void Cheque” and download the void cheque or print it
How To Read a Tangerine Void Cheque
The contents of a cheque are standard across Canadian financial institutions.
A sample cheque is often required when you need to set up direct deposits to your bank account or pre-authorized debits (such as loan repayments, rent, or childcare).
Since cheques contain all your bank account information, the recipient can easily use the numbers on them to set up a connection to your bank account – for both deposits and withdrawals.
A Tangerine void cheque sample is also referred to as a Tangerine “sample,” “specimen,” or “void” cheque.
So, what information does a Tangerine sample cheque provide? The most important information to note includes:
1. Name: Your name is printed at the top of the cheque. This indicates you, the “drawer”, who owns the bank account from which funds are being withdrawn. Your home address is also printed under your name.
2. Beneficiary (payee): This section is where you write the name of the individual or organization to whom you are making a payment. For a void or sample Tangerine, this section is left blank.
3. Bank account and branch details: This section includes the bank name and the address of the bank branch where your account is held. Tangerine’s bank address is 3389 Steeles Ave E., Toronto, ON, M2H 0A1, Canada.
4. Cheque number: This 3-digit number is what the bank uses to identify the cheque transaction in your bank statement. On your Tangerine cheque, it is the first set of numbers on the MICR (Magnetic Image Character Recognition) encoding line as well as on the top right corner of the cheque.
5. Transit (branch) number: This 5-digit number refers to the specific bank branch where you initially opened your bank account. Bank transit numbers are maintained by Payments Canada, and you can view the entire list via its Financial Institutions Branch Directory (FIBD).
Tangerine doesn’t have branches as it is an online bank, and its transit (branch) number is 00152.
6. Financial institution number: This 3-digit number is also referred to as the bank code. Tangerine’s institution code is 614 (this is different from that of its parent bank – Scotiabank).
7. Account number: This 7–12-digit number identifies your bank account. Tangerine bank account numbers are 10 digits long.
When you combine Tangerine’s institution number and transit number and add a leading zero “0”, you get your routing number.
How To Write a Tangerine Cheque
On every cheque, you want to properly identify who is making a payment (i.e. yourself- known as “drawer”), the beneficiary (payee), and the amount.
Follow these steps to write a Tangerine cheque:
- Write the date on the right-hand corner where you have “DATE”.
- Write the name of the person you are paying on the line where you have “pay to the order of”.
- Write the amount of the cheque in dollars and cents in the line below “Pay to the order of”. For example, if you are paying them $50.70, you can write “Fifty dollars and 70/100”. You should also write the amount in figures in the box where you have the $ sign.
- Include the reason for the cheque in the “MEMO” line.
- Finalize your cheque by signing it on the line in the bottom right corner.
Your Tangerine cheque is now ready to be cashed by the bearer.
Tangerine Void Cheque FAQ
You can print off a Tangerine void cheque sample from your Tangerine online banking account at any time.
Your first Tangerine chequebook is free. Subsequent chequebooks will cost you $50 apiece.
Simplii Financial does not offer certified cheques. You can use money orders or bank drafts instead at the cost of $7.50 each.
Yes, you can order Tangerine cheques online for free or order and make a $50 payment if you have already exhausted your free cheques.
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