Deposit Checkbox Article For Free

If you're uncomfortable with someone else seeing your bank account number, you can write, ?For Deposit Only? and then sign the check. This is a less secure option than including the account number, but most banks will follow the instructions and only accept the check for deposit.

Marking your checks ?for mobile deposit only? complies with a federal recommendation and helps us know how the check was deposited and reduces the chance of accidentally trying to deposit it twice.

The types of checks you may be able to add to your account using mobile check deposit include personal checks, business checks, cashier's checks and government-issued checks. This includes tax refunds and stimulus checks, such as those provided by the CARES Act.

USAA in 2009 became the first bank to enable customers to deposit checks with a smartphone. Mobile Deposit allows smart phone users to snap a picture of the check with the phone's camera. The application automatically processes the picture and sends it to the bank for deposit.

The technology at issue was developed by software company Mitek Systems and is used by about 6,500 financial institutions, which would have to negotiate with USAA to pay additional licensing fees for their mobile deposit technology, if the verdicts stand.

You are here: Marking your checks ?for mobile deposit only? complies with a federal recommendation and helps us know how the check was deposited and reduces the chance of accidentally trying to deposit it twice.

If you're using the check in order to share your bank account information, make sure you do not write over the bank information ? the numbers printed along the bottom of the check. In many cases, it's acceptable to send a picture of a check. If that's the case, void a blank check and then take a picture of it.