Some days, driving to the bank or searching for the right ATM, seems like too much effort to deposit a single check. Over the past few years time-crunched consumers have found some relief in the form of banks offering the ability to remotely deposit checks with a smartphone. While the technology may be convenient, a new report found certain drawback to the program, including poorly disclosed terms and conditions. [More]
remote deposit
Report: Many Banks And Prepaid Companies Lack Clear Disclosures For Smartphone Deposit Services
USAA Lets You Remotely Deposit Checks
We got a flier in our recent USAA bill announcing they’re now letting customers deposit checks from home. Just sign and scan your checks and send it in through the USAA website. As far as we know, USAA is the only bank to offer this service to consumers.