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*Maximum Mobile Check Deposit Bank Of America
*Mobile Check Deposit Bank Of America Time
*How To Deposit Mobile Check Bank Of America
*Mobile Deposit Checking Accounts
With the convenience of mobile banking services, it’s pretty easy to deposit check by just taking a couple of photos with your phone. But it’s important to remember that you still have to be careful about what happens to that paper check; just ask the Arizona woman who is out $1,500 after using the Bank of America mobile app to deposit a checkIt’s good practice to write “deposited” on any check you deposit with a mobile app, and then, once it’s been accepted by your bank, destroy it.That’s a lesson one Bank of America customer customer learned the hard way — and lost a lot of money in the process: ABC 12 News in Arizona has the story of a woman who used the bank’s mobile app to deposit a check for $1,500.“I read terms and agreements. I make sure I’m doing things the right way,” the Scottsdale resident told the news station.But two months after she deposited the check, she says the bank debited $1,500 from her checking account with no explanation. She called the bank to find out what the heck was going on.“And they said ‘We can’t tell you’,” she says. She did her own digging, and even filed a police report to uncover more information.As it turns out, after she’d deposited the check, it was apparently stolen. Even though her mobile deposit of the check had gone through, someone — caught on grainy ATM video — was able to cash that check a second time. The scammer even added a second signature to the back.This second cashing of the check resulted in Bank of America debiting the customer’s account for the amount of the earlier deposit.BofA has been made aware of the situation, but seems to indicate that this is all on the customer’s shoulders.“To help prevent checks from being negotiated more than once, customers using mobile check deposit are directed in our Mobile Check Deposit Agreement to write ‘Deposited’ on the check and destroy the original check promptly after the deposit has been acknowledged,” a spokesperson said. “As long as the ‘live’ check is still in existence, there is a chance that it could be negotiated more times.”The bank added that it is “not at liberty to discuss the transaction information captured in ATM footage.”The customer calls BofA’s response “disappointing,” and says she will be pulling all her accounts with the bank.“I’ll never deposit anything mobily ever again,” said Rogers.As with any banking document you receive, make sure you comb the fine print so you know how long you need to keep the original check, and your rights regarding disputes. And again, write a big fat DEPOSITED on it while you’re waiting for it to be accepted, and destroy it when all is said and done. Paper shredders are known to do the trick.
Transfers require enrollment in the service and must be made from an eligible Bank of America consumer or business deposit account to a domestic bank account or consumer debit card. Recipients have 14 days to enroll to receive money or the transfer will be canceled. How can I deposit my paper check without visiting a Financial Center? Download our Mobile Banking app. In the app, you can deposit a paper check, using a photo image, and get confirmation immediately that your deposit has been received. Go to our ATM and Financial Center locator to find nearby ATMs that accept deposits.Maximum Mobile Check Deposit Bank Of America
Editor’s Note: This article originally appeared on Consumerist.
1To send or receive money with a small business, a consumer must be enrolled with Zelle with a linked domestic deposit account at a U.S. financial institution that offers Zelle. Small businesses are not able to enroll in the Zelle app, and cannot send or receive payments from consumers enrolled in the Zelle app.↩
2Zelle should only be used to send money to friends, family or others you trust. We recommend that you do not use Zelle to send money to those you do not know. Transfers require enrollment in the service and must be made from an eligible Bank of America consumer or business deposit account to a domestic bank account or consumer debit card. Recipients have 14 days to enroll to receive money or the transfer will be canceled. Transactions typically occur in minutes when the recipient’s email address or U.S. mobile number is already enrolled with Zelle. We will send you an email alert with transaction details after you send money using Zelle. Dollar and frequency limits apply. See the Online Banking Service Agreement at bankofamerica.com/serviceagreement for further details. Data connection required. Message and data rates may apply. Neither Bank of America nor Zelle offers a protection program for any authorized payments made with Zelle. Regular account fees apply. Payments made between consumers enrolled with Zelle do not typically incur transaction fees.↩
Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC, and are used herein under license.
3Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply.↩Mobile Check Deposit Bank Of America Time
4To receive money from a small business, a vendor must be enrolled with Zelle with a linked domestic deposit account at a U.S. financial institution that offers Zelle.↩How To Deposit Mobile Check Bank Of AmericaMobile Deposit Checking Accounts
Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation.
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