Remote & Mobile Deposit | Republic Bank (2024)

FAQs

What is a mobile or remote bank deposit? ›

What is Remote Deposit Capture (mobile deposit)? Remote Deposit Capture is a service that allows you to deposit checks into your personal checking account without visiting a branch or ATM. This mobile deposit can be done anywhere with the use of your Smartphone.

Remote check deposit, or mobile check deposit, allows users to scan a check using a mobile device or a scanner and then electronically send it to a financial institution for deposit.

Even if a thief were able to grab your information in transit from your phone to the bank, the information is encrypted. The image of your check also isn't stored on your phone, so you don't have to worry about accidentally sending it to someone else later.

Remote Deposit Capture (RDC) is a service that expands the window for deposit by allowing checks to be scanned into digital images and cleared electronically. A user can scan checks that it receives and transmit the scanned images to a financial institution for posting and clearing.

Properly endorse a check to ensure it's correctly deposited via a mobile device. Be sure images of a check are clear, to prevent delays in accessing your deposit. Financial institutions typically require images of both the front and the back of your check.

Unless a hold is placed, deposits on a business day before cutoff time will be processed that night and are generally available the next business day. To learn more about holds and how to avoid holds, visit the Deposit Holds FAQs.

You'll be requested to provide a photo of the front of the check and then, after it's endorsed, a photo of the back of the check. It's essential that the digital images captured are crisp and legible, as any discrepancies can impede the verification process, consequently delaying the deposit.

To fund your online bank account, you can deposit cash into a separate bank account that has ATMs or branches and then transfer that money to your online bank electronically. You can also buy a money order and make it payable to yourself before making a mobile check deposit into your online bank account.

If you follow bank policies, you won't face penalties for depositing someone else's check. Generally, the worst-case scenario would be that the check is refused. However, you could be liable for criminal fraud if you forge the signature on a check or otherwise try to deposit a check that wasn't meant for you.

What is the maximum amount you can deposit remotely? ›

The maximum amount varies by bank. At Santander Bank, for example, there's a daily mobile deposit limit of $2,500 for customers who've had an account for at least 90 days. Otherwise, the daily limit is $1,000.

Many banks and credit unions offer mobile check deposits, and you can encourage your friend or family member to use this and then transfer the money directly to you once it is processed. If the financial institution does not offer mobile deposit, check and see if they offer ATM deposit.

Your money is usually available within one business day, but it can take up to five business days. Every bank's policies differ on mobile check deposit timing. Some banks offer same-day or next-day mobile check deposits for a small fee.

Mobile check deposits may be canceled prior to 3pm Eastern Time on the business day the deposit will be processed.

Because with ATM deposits, a banker may have to retrieve checks from the machine, then manually digitize them. However, some advanced model ATMs can instantly create an image of your check. With a mobile deposit, your checks are immediately digitized.

Mobile Deposit = Check Deposit

Mobile deposit is a feature within the Mobile Banking App. It allows you to deposit checks at home without going to the bank or ATM. After logging into Mobile Banking you can select Mobile Deposit to take photos of your checks and deposit into your account.

Yes, you can write a check to yourself. If you want to transfer money from one checking account to another, one way to do so is by writing yourself a check. What is a postdated check? A postdated check means the date written on the check isn't today's date.

While most direct deposits are done using bank accounts and automated clearing houses, these payments can also be done using online banking and by transfers through smartphones.