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Wondering how to endorse a check for mobile deposit? Learn the right steps, phrases and bank-specific rules to avoid delays or rejected checks.
Consumers who prefer to make their cash or check deposits at a brick-and-mortar bank location or at an ATM still may need to fill out a deposit slip.
Innovative apps make it easy to complete a mobile check deposit, but you still have to follow the rules.
To endorse a check, sign your name in the signature box on the back of the check. This tells the financial institution that you are the payee.
Can I use mobile deposit for someone else’s check? Your bank or credit union may allow you to use mobile check deposit to deposit a third-party check, but you’ll have to contact them to ask.
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What is mobile check deposit and which banks offer it? CNBC Select explains how mobile check depositing works and some considerations you need to keep in mind.
If you deposit cash and checks into an ATM, you can skip the hassle of working around bank business hours. Here’s our easy guide to using an ATM to get your money into your bank account.
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How long does it take to clear a check? Most types of checks clear within two business days. Usually the first $200 of a check is made available the business day after the bank receives the check.
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