Depositing checks using a mobile app has become a convenient way for people to manage their finances. It saves time and effort as you don’t need to visit the bank physically. However, before you deposit a check using a mobile app, there are certain things that you need to do to ensure that the process is smooth and error-free.
1. Endorse the Check: Before depositing the check using the mobile app, you need to endorse it.
Endorsing means signing on the back of the check. You should sign in the area provided on the back of the check and write ‘For Mobile Deposit Only’ below your signature. This endorsement ensures that only you can deposit this check.
2. Verify Check Amount and Account: Once you have endorsed your check, verify the amount and account details mentioned on it. Check if there are any discrepancies in amount or account number mentioned on it.
3. Choose Your Bank’s Mobile App: To deposit checks using your phone, you must have your bank’s mobile app installed on your device. If you don’t have it yet, download it from your phone’s app store and sign in with your banking credentials.
4. Log In to Your Bank’s Mobile App: Once you have downloaded and installed your bank’s mobile app, log in with your banking credentials like username and password.
5. Click on ‘Deposit Check’: After logging in successfully, find ‘Deposit Check’ option in the menu of your bank’s mobile app.
6. Take a Picture of Front and Back of Check: The next step is to take pictures of both sides of your endorsed check using your phone’s camera within the bank’s app interface.
Tips for Taking Pictures of Checks:
- Capture High-Quality Images: Make sure that the images are of high quality and not blurry. Ensure that all four corners of the check are visible.
- Avoid Shadow or Glare: Avoid taking pictures in a place with shadows or glare, as it can interfere with clarity.
- Hold Steady: Keep your phone steady while taking pictures to avoid any blurriness.
7. Enter Check Amount: After taking pictures of the front and back of your endorsed check, enter the amount mentioned on it.
8. Confirm Deposit: Once you have entered the amount, confirm the deposit by clicking on ‘Submit’ or ‘Deposit.’
Tips for Safekeeping the Check After Depositing
- Cross Out ‘Void’: After depositing the check, cross out ‘Void’ on its front side to avoid any confusion later.
- Safely Store It: Keep your deposited checks in a safe place until they clear in your account statement. Once they have cleared, destroy them securely to protect against identity theft.
Depositing checks using mobile apps is an easy and convenient way to manage your finances. By following these simple steps and tips, you can ensure that you deposit your checks smoothly and safely. Remember always to endorse your check properly before taking pictures of both sides, verify account details and amount before confirming deposit and safely store checks after depositing.