To deposit a check, it used to be necessary to go to the bank, wait in line, and wait even longer for the check to clear. There are many new and creative methods of depositing any check into a checking or savings account quickly and securely. In some banking networks, it is even possible to deposit a check by smartphone!
Method 1 of 5: Depositing to a Bank
Step 1. Go to the bank
You will need to bring your check, a valid ID and your account number to make the deposit.
Step 2. Fill out the deposit slip
It is available at the bank, usually in a pile on a table with pens and other slips. You can also request a slip from the cashier, but the process is faster when you do this task in advance.
You will need to fill in the account number, check amount, desired cash, savings and checking account amount, and total check amount
Step 3. Endorse the check
First, check the written elements on the front and back of the check to make sure they are valid. Please check that the following items are legibly written, true and correct: name and address of the person or institution issuing the check, date of issue, your name, amount written in numerical and alphabetical forms.
Both signatures are required for the check to be considered valid
Step 4. Ask the cashier to deposit the check into your checking or savings account
The cashier can deposit the check, report your account balance and arrange an amount you would like to withdraw. You should receive a receipt or proof of deposit along with your current balance.
Method 2 of 5: Depositing at an ATM
Step 1. Go to a bank ATM
Make sure the check is written out clearly and legibly and that you have endorsed it in advance. It is important that you choose an ATM from your bank. While most ATMs distribute money to anyone with a debit card willing to accept the fee, the other deposit functions of an ATM only work for customers of that particular bank.
Credit union members who typically withdraw from other locations will need to use an ATM from the credit union to which they are a part, rather than from any other location
Step 2. Insert the debit card and enter your password at the ATM with your PIN (Personal Identification Number)
If you don't have this information, you will need to go into the bank and speak to a cashier.
Step 3. From the menu, select "Deposit"
A list of checking and savings accounts should come up. Select the account you want to deposit the check into. Then you can choose between cash and check. Select check.
Step 4. Enter the checks
There should be an insertion slot with check direction instructions (face up or down, etc.) printed on the machine. Follow the instructions and insert checks. The ATM then scans the checks and requests confirmation of the "read" information on the check. Please check carefully to make sure the ATM has registered the correct amount, account number and other information.
Some banks' ATMs allow you to enter up to ten checks at a time, but read the specific ATM instructions carefully before attempting to enter more than one check
Step 5. Perform other transactions if desired
At this point, the ATM provides the balance and asks if you would like to make another transaction. You can withdraw money, print a receipt or deposit money.
Method 3 of 5: Depositing with a Credit Union
Step 1. Go to any credit union
If you are a member of a local or federal credit union, you can deposit checks not only at any branch of your union, but at any branch of any credit union.
Step 2. Do not fill out a deposit slip
Get in line with a valid, endorsed check and tell the cashier that you would like to deposit a check, but you are a member of another credit union. You will need to give the cashier your check, a valid photo ID, your account number, branch name, and possibly your credit union headquarters address.
There are hundreds of credit unions with very similar names: CECRED, SICOOB, SICREDI, UNICRED, for example. The teller is likely not familiar with your specific credit union, so provide their address when the teller is searching the database
Step 3. Deposit the check into your checking or savings account
This is also a good opportunity to withdraw cash without paying the fee that credit union customers usually pay at ATMs.
Method 4 of 5: Depositing with a Mobile App
Step 1. Download a mobile deposit app
Check if your bank offers a mobile deposit app for tablet or smartphone. Some banks have developed mobile apps that make depositing a check as simple as taking a picture. If an app is available, download it to your cell phone or mobile device.
Step 2. Open the app and select Deposits
You should be taken to a screen with options such as "Check Front" and "Check Back". Use these options to photograph the front and back of the endorsed check.
Step 3. Select an account you would like to deposit the check into
Fill in the check amount using the app and verify that all information is correct on the confirmation screen. If so, click on "Deposit this check".
You can choose to receive confirmation via email or text message when your check is deposited
Method 5 of 5: Depositing a Check in the Mail
Step 1. Determine your position on the designated route in the area
If going to a branch or using the bank's online services is too difficult wherever you are, mail your check and a completed deposit slip to the bank's address on the designated route. You need to ask the bank where to send the check. Call the bank's toll-free number and speak with a representative to find out where to mail the check.
Search the Internet or speak to a representative over the phone to get the correct address for your bank
Step 2. Mail your endorsed check with a deposit slip to an address en route in your area
Make sure you have a valid endorsed check and a deposit slip from your bank filled with your information. You may need other information, such as a photocopy of your ID card, so it is advisable to speak with a bank representative before mailing your check.
Step 3. Never send money in the mail
It is not possible to deposit money into a bank account this way, so only send checks. However, there is usually a fee associated with this type of transaction, so make sure you have exhausted all online and ATM deposit options before attempting to send a check for deposit.