With the invention of distant deposit seize,¹ now you can deposit checks by your smartphone with out stepping foot in a financial institution. Right here’s endorse a test for a cellular deposit:
Confirm the data on the test
Earlier than signing the again of your test, take just a few seconds to look over the data written on the entrance.
Be sure the payee’s identify (your identify) is spelled accurately and that the test quantity is correct. Additionally, although some banks will honor expired checks (older than six months),² confirm the problem date and make sure the test isn’t too outdated.
If there’s lacking info or an error in your test, contact the one that wrote you the test and ask them to ship you a brand new one.
Discover the endorsement space
When you’ve verified the data on the entrance facet of the test, flip it over. The endorsement part has a heading like “Endorse Verify Right here.” Each test could look completely different, however you’ll typically see three to 5 gray strains within the endorsement space the place you’ll be able to signal and write.
Present your signature
Most checks have a strong black line on the backside of the endorsement space that reads, “Don’t write, stamp, or signal under this line. Reserved for monetary establishment use.” Attempt to maintain your signature inside the endorsement space (on the gray strains) to keep away from any issues along with your financial institution.
Embody a restrictive endorsement
When you’ve discovered the endorsement part, use a black or blue ink pen to signal your identify. Under the signature, most banks would require you to incorporate a restrictive endorsement like “For cellular deposit solely.” In case you don’t write this, banks can reject your cellular deposit.
The precise wording would possibly differ relying on the monetary establishment, so test your financial institution’s cellular deposit coverage beforehand. It’s best to see directions for restrictive endorsements in your cellular app as you make your cellular test deposit.
Verify for errors
Earlier than taking footage of your test and importing it onto your cellular banking app, test for errors within the endorsement part. Search for any misspellings or inaccurate info that might make the financial institution reject or delay your deposit.