Discover how to cancel a cheque securely & effectively. Follow simple steps, notify your bank, and provide necessary details for a successful cancellation process. Do I Need to Submit a Cancelled Cheque for Online Transactions? Yes, for online banking setups, automatic bill payments, and certain investment processes, a cancel cheque image or cancel cheque photo is often required. Can I Cancel a Cheque After It’s Been Used? No, once a cheque has been processed and cleared, it cannot be cancelled. A cancelled cheque can be used to find the account number, the account owner’s name, the MICR code, details of the bank branch and the IFSC. A cancelled cheque leaf is voided by the issuer to prevent it from being misused or cashed, meaning it cannot be used for withdrawals. Related Read: What is Cheque Bounce? Cancelled Cheque Image and Photo Here’s a sample image of a cancelled cheque leaf as an example. Cancelled Cheque Image What Information Does a Cancelled Cheque Leaf Contain?
