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List of Banks With Instant MD - PROFX

The document lists the top 12 banks for instant mobile deposit and factors to consider when choosing a bank for mobile deposit like fees, deposit limits, and processing times. It also provides tips for using mobile deposit and answers some frequently asked questions.

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Jessica Santiago
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75% found this document useful (8 votes)
8K views7 pages

List of Banks With Instant MD - PROFX

The document lists the top 12 banks for instant mobile deposit and factors to consider when choosing a bank for mobile deposit like fees, deposit limits, and processing times. It also provides tips for using mobile deposit and answers some frequently asked questions.

Uploaded by

Jessica Santiago
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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List of the 12 best banks with instant mobile

deposit
1. Ally Bank
2. Capital One 360
3. Chase Bank
4. Chime
5. PNC Bank
6. Alliant Credit Union
7. Citibank
8. Discover Bank
9. SoFi
10. TD Bank
11. US Bank
12. Wells Fargo
How to choose the best bank for instant mobile
deposit
When choosing a bank with instant mobile
deposit, there are a few things to consider:
• Fees: Some banks charge a fee for each
mobile deposit, while others offer it for
free.
• Deposit limits: Banks usually have limits
on the amount of money you can deposit
using your mobile device.
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• Processing time: Some banks process
mobile deposits immediately, while
others may take a few days.
• Other features: Some banks offer other
features that may be important to you,
such as mobile check deposit without
taking a picture of the back of the check
or the ability to deposit checks from other
people.
Tips for using instant mobile deposit
Here are a few tips for using instant mobile
deposit:
• Make sure you have a good internet
connection.
• Take clear, well-lit photos of the front and
back of the check.
• Endorse the check with your signature
and the words "For mobile deposit only."
• Keep the check for a few days after
depositing it, until you see that the funds
have been credited to your account.

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Conclusion
Instant mobile deposit is a convenient and easy
way to deposit checks into your bank account.
When choosing a bank with instant mobile
deposit, be sure to consider the fees, deposit limits,
processing time, and other features that are
important to you.
Frequently Asked Questions (FAQ)
What bank makes mobile deposits available
immediately?
Many banks offer instant mobile deposit, but some
of the most popular banks that do include: Ally
Bank, Chime, Capital One 360, Chase Bank, US
Bank, Wells Fargo, Alliant Credit Union, Citibank
and more.
Can mobile deposits be instant?
Yes, mobile deposits can be instant. However,
some banks may have a holding period for certain
types of checks, such as checks from new
customers or checks over a certain amount.

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Where can I deposit a check instantly?
You can deposit a check instantly at any bank that
offers instant mobile deposit. You can also deposit
a check instantly at some ATMs, but not all ATMs
offer this feature.
How can I mobile deposit a check without a
bank account?
There are a few apps that allow you to mobile
deposit checks without a bank account such as:
Cash App, Ingo Money, Netspend, Serve, Brink's
Money Prepaid app, PayPal and Western Union.
What app will instantly cash a check?
There are a few apps that will instantly cash a
check such as: Cash App, Ingo Money, Netspend
and Serve.
How can I cash a check immediately and get
money?
There are a few ways to cash a check immediately
and get money. One way is to go to a check
cashing store. However, check cashing stores
typically charge a high fee for this service.
Another way to cash a check immediately and get
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money is to use a mobile app that allows you to
cash checks. However, these apps also typically
charge a fee for this service.
Can I cash a cheque at a bank instantly?
Yes, you can cash a cheque at a bank instantly.
However, some banks may have a holding period
for certain types of cheques, such as cheques from
new customers or cheques over a certain amount.
Does PayPal cash checks instantly?
No, PayPal does not cash checks instantly. The
average processing time for a check deposited with
PayPal is 5-7 business days.
Can a bank cash a check instantly?
Yes, a bank can cash a check instantly. However,
some banks may have a holding period for certain
types of checks, such as checks from new
customers or checks over a certain amount.

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