Easiest Savings Account For Online Image Upload/Deposit Of Checks?

Sevenpercent | Jun 23, 2016 | 17 posts since 2015

I would like to hear everyone's experience using online deposit for their savings account. Since I'm limited to either taking a picture with the digital camera or scanning an image, ease of deposits using those two methods would be of most interest to me.

Also, does the bank require any special endorsement on the check besides your signature? I noticed reading through Barclays savings account agreement that they ask you to add something along the lines of: "for barclays deposit only". I want to avoid banks that require this, since a successful upload and deposit doesn't always happen.

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Answers

me1004 | Jun 23, 2016 | 1,379 posts since 2010

The line Barclays is saying to add, that is a typical line recommended for any check deposit, online or even at the teller window.In fact, it often is recommend to even add your account number to that line.

I have used Alliiant since it first started allowing scanning and depositing online. They are easy and smooth. A click or each step, you can navigate to a file and choose it to upload, and now you also have the option to drag and drop in the window.

Alliant's system is straight forward and clean.

I use a scanner to scan in the check and then upload. You can scan with your own software and then upload the file, or you can use their online software for your scanner, and I believe with that it will simply scan it directly to Alliant rather than to your computer.

I also once had the occasion to take a picture of the check, front and back, rather than scan. I called to ask if that was acceptable and they said of course. It amounts to the same as doing it from a cell phone, which Alliant allows. I did it, no trouble at all, other than my photo taking had to be done several times because it is difficult, at least for me, to take a steady, sharp closeup pic like that and to keep it straight -- they can't deal with it coming it at, say, a 20 degree angle.

Alliant requires a file to be at least 200 DPI, and black and white or grayscale. I have found if I scan a larger-dimension check at 300 DPI, it gets rejected as too large a file, so 200 DPI works better.

Also, Alliant will allow a maximum of $20,000 a day deposits online.

In recent times, I have been coming to the opinion that it would be wise to use a VPN any time you do online banking, and for online deposits especially,to provide added security, even your ISP will not be able to see you banking activity if you sue a VPN.

Sylvia | Jun 23, 2016 | 389 posts since 2012

Alliant's daily dollar limit for online deposits is now $50,000 (ditto for mobile deposits), http://www.alliantcreditunion.org/help/what-is-the-daily-dollar-limit-for-deposits. I think it's a recent change.

me1004 | Jun 24, 2016 | 1,379 posts since 2010

Good to know. They sure kept that a secret, never notified me -- and I do all my deposits with them via scanning and uploading. (In fact, I've never even gone into their branch here in my city.)

LR | Jun 25, 2016 | 6 posts since 2016

Another vote for Alliant. Very simple process, plus 9 out of 10 times, the deposit is available immediately. I do add "for remote deposit only" to my endorsements.

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