Many banks are more than happy to allow you to Deposit Check Online today. While this is a very convenient feature it’s important to make sure you get everything correct so you don’t have to go to the bank if you don’t want to.
Complete the Check Properly
Before you take a picture of the check you want to deposit you should make sure that it’s made out to the name that’s on your account. You should also check to make sure that the numeric dollar amount matches the written dollar amount. Finally, make sure that the check has also been signed by the person who’s issuing it to you.
Endorse the Check
You need to sign the back of the check and write “Via Mobile Deposit at (Bank’s Name)” underneath your name. This is so that the person who gave you the check will know that you received the funds.
Take a Good Picture
It’s important to capture a clear image of your check with all four corners showing. You don’t want to hold the check while taking the picture. Instead, set it on a solid surface so you’re certain to capture a clear, steady image. Make sure that only the check is showing and that the bottom account number line can be clearly seen.
Confirm the Check’s Status
Once you deposit your check you’ll receive either an email or a text alert telling you whether the check has been accepted or rejected. After you receive this alert you’ll want to make sure that you log into your account to confirm that the money has actually made its way into your account. It’s also important to note that checks deposited in this way are subject to Regulation CC holds. This is to ensure that the funds are available to be collected.
Even after taking these steps, it’s still a good idea to hold onto your deposited check for 60 days in case of the bank contacts you because they need you to bring the check in. After the 60 days are up you should destroy the check by shredding it.
The Bottom Line
While your bank may enjoy seeing you they also want to help you avoid making an unwanted trip into their office when you could simply Deposit Check Online. By acting on some of these tips and tricks you’ll find that this process will go much smoother for you.
