Remote deposit is a step to process payments without sending a paper check to your bank or credit union. By scanning images (or taking photos) of checks instead of diverting physical documents, you get a deposit that can be faster and less error.
Who Uses Remote Deposit?
Business : The business was the first user of remote deposit technology. Organizations are witnessing most checks, and they need to obtain existing funds quickly for operations, wages, and development.
Personal: Customers benefit from the convenience of making remote deposits. Personal botherers today demand an account that allows them to submit checks with mobile devices, saving travel to bank branches.
Other organizations: Nonprofits, government agencies, and other organizations use remote deposits. This technology exists widely, and organizations can choose cheaper services and hardware options when it is most logical.
This page is particularly focused on business use. For details on making a deposit into an individual checking account, watch Check Mobile Deposit Steps.