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Justin Pritchard

The State of Remote Check Deposit

By , About.com GuideMay 16, 2011

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Can you deposit checks by sending an image of the check to your bank -- instead of sending the paper document?  You can if your bank offers remote deposit.

More and more consumers are able to deposit checks virtually using smartphone cameras and scanners connected to computers.  Going forward, it looks like banks that add remote deposit will skip scanners altogether and only offer applications that run on select phones (limiting the service to only the most tech-savvy early adopters).

BAI Banking Strategies summarizes the current landscape of remote check deposit for consumers, with information on which banks offer the service and what to expect going forward.  If you can use remote deposit, it's a great way to get checks deposited quickly and easily. [via The Financial Brand]

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