For Mobile Deposit Check?
Due to a New Banking Regulation, All Checks Deposited via a Mobile Service Must Include: “For Mobile Deposit Only” Handwritten Below Your Signature in the...
Due to a new banking regulation, all checks deposited via a mobile service must include: “For Mobile Deposit Only” handwritten below your signature in the endorsement area on the back of the check or the deposit may be rejected.
How do you do a mobile deposit?
- Download your financial institution's app.
- Understand your bank or credit union's policies.
- Endorse the check properly.
- Take photos of the front and back of the check.
- Confirm transaction details and send to your financial institution.
Are all checks available for mobile deposit?
Mobile Check Deposit is available for all of your basic checks deposits, ex: local checks, payroll check, etc. The check must be made payable to only you.
Marcus Vance is a cybersecurity auditor and technology writer dedicated to educating the public about online safety, data privacy regulations, enterprise security, and emerging cyber threats.
