Banking is right now one of the most acquired topics online right now, whether you are trying to send or receive money, whether you are trying to deposit money or withdraw it, whether you are even trying to check your cash or deposit a check.
And one important thing about banking also is that security of funds is the main subject for everyone. That is why anyone and everyone always try to use legit and renounced platforms for banking.
Well, keeping the scrap aside, we believe if you are here, then it is to look for a way to deposit a check at your favorite bank, the Bank of America.
Depositing a Check at Bank of America
What does it mean to deposit a Check?
Well, When we say depositing a check, we first of all have to tell you what a check is. A check is a financial piece of paper or document used cash in money by the holder. For example, if I want to send money to a sibling or friend, and do not want to go to the bank or stress up, I can just sign a check and give him or her.
I will just write the amount on that paper (this paper is usually provided by the bank), and my account details so that that person can go to the bank when he or she is free, and then they will send the money according to what is on the paper from my account to the other account.
And so, depositing a check simply means going to claim a certified amount to your account. Several people use this method to pay their workers, and some use it just to send money normally.
Components of a Check
- The issuing date
- Payee (the recipient or person receiving the check).
- Amount (the amount of money to be paid in numbers and words to prevent fraud).
- The signature of the account holder (the person signing the check).
- Bank information
- Account and Routing Numbers
Well, if you have understood what we have written, then we will move to the next step, which will involve showing you how to deposit a check at Bank of America.
How To Deposit a Check Online Bank of America
1. Deposit A Check Using the Mobile Banking App
First thing to do is to log into your mobile banking app to deposit check online. If you do not have the app, you can download it from the official website HERE.
On the lower part of your screen, you will see "Deposit Checks," you click on it.
In the next page, you will be asked to take pictures of the check, the front and the back.
You will first of all click "front of check," take a clear picture and confirm, and then click "back of check" and then take a clear picture too and confirm.
NOTE: You have to turn your phone side ways to take a ckear picture of the check. This will make everything written on the check to be very visible.
After confirming the taken pictures, you will then have to select the account where the check will be deposited, whether the checking or the savings account.
Then write the amount to be sent. But you should know that you can not check more than what is written on the check. For example, if it is written $200 on the check, then you cannot deposit more than $200 but only as from $200 and below.
Also keep in mind that the bank keeps traces of the check, and if you already checked $100 for example if the check is a $200 check, then the second time you want to check, you will be permitted to check only $100 and below and not more than that.
Once everything is done, the bank will review the details written down, and the amount will be deposited into your account. You will be notified once it is done.
2. Depositing A Check at A Bank's Branch
If you are not sure you will be able to follow the steps above to deposit your check via the mobile banking app, then do not flet.
Just quickly rush to the nearest branch of the bank. And while going there, you should have a certain number of things including; the check, the account number and all account details since you will be asked to provide all those things.
And when you provide all of them to the cashier, they will now do everything for you and you will be notified once the check has been deposited into your account.
Are all Checks Accepted at Bank of America?
No! not all check are accepted. They accept only checks from U.S. financial institution, in U.S. dollars. If you want to know if your check will be approved, then you should make sure it fulfills these descriptions below. It should either be;
- Personal checks
- Business checks
- Government/treasury checks
- or Cashier's checks
Also, some checks are not accepted via mobile banking app, but they MAY be accepted when you go to the bank's branch. They are;
- Checks from foreign banks
- U.S. savings bonds
- Image Replacement Documents (IRDs)
- Third-party checks
- Money orders
- Traveler's checks
- Checks not payable in U.S. dollars
Does Bank of America Charge fees for Mobile Check Deposits?
No. The Bank of America does not charge any fees for check deposits. However, if you happen to see that you where charged fees, then you should inquire from your check provider or service provider if they do not have any wireless carrier fees.
Even though there are several banks right now that do charge fees for check deposits, that is not that case for other banks like Bank of America that does not charge any fees. Some other fees that could be seen during check deposits are;
- Check Deposit Fees
- Returned Check Fees (meaning another bank is the service provider)
- Overdraft Fees: Something might limit you withdraw these funds, and so you are charged an overdraft fee.
- Account Maintenance Fees
- ATM Fees:
Final Remarks on Check Deposit at Bank of America
While check deposits have gotten popular over the years, some of these banks have always been providing this feature. Well, if you are here to learn how to cash a check at BoA, then we hope you are satisfied with what we have provided.
Well, we said there are two main ways to deposit a check, either by going to a bank's branch, or by just following an easy method through the mobile banking app.
However, you need to also make sure that the check you are holding, is approved for withdrawal via the mobile banking app. And always take clear pictures for proper confirmation, if not you will be denied if key details are not visible.