what atm can i use to deposit money

Download Commodity

Download Article

People normally recall of ATMs (Automatic Teller Machines), or cash-points, every bit a place for withdrawing cash from a bank account. Yet, many ATMs allow you to deposit money as well. The process varies by bank and ATM, and you lot should refer to your banking company'southward policies and follow the prompts at the ATM, only the post-obit steps are by and large relevant to most ATM eolith transactions.

1. one

   Verify that the ATM accepts deposits placed in an envelope. Smaller ATMs and those at non-bank locations such every bit convenience stores or restaurants may not have this function. If information technology does non have a marked slot for dispensing and/or accepting envelopes, it does not accept envelope deposits.

   • Some mod bank ATMs may just accept non-envelope deposits. See elsewhere in this commodity for data on making such deposits.
   • Your bank may not permit deposits at ATMs not affiliated with it. Check your financial institution's policies.

2. ii

   Insert your ATM or debit card and enter your PIN number. This part of the process is exactly the same equally when you withdraw cash.

   • Locate the "eolith" tab on the screen or respective button indicated past the screen (on older machines). If at that place is no eolith option, yous're out of luck on this ATM.

   Advertisement

3. iii

   Endorse any checks to be deposited. Sign them on the back in the marked area.

   • Add together "for eolith only" below your signature for added security. If you lose this endorsed check, information technology can simply exist deposited, not cashed.

4. 4

   Prepare a deposit slip. If you are using a slip from your checkbook, your name, accost, and business relationship number should already be on the check.

   • If you are using a blank deposit sideslip, similar those available in a banking concern branch, fill out your proper name, address, and account number. Add the date to whatsoever type of deposit skid.
   • Enter the total amount of cash to be deposited on the marked line, and individually listing checks in the provided slots on the front (and, if needed, back) of the slip.
   • Enter the total amount of all checks and cash to be deposited on the provided line.
   • Yous don't need to sign a eolith slip when depositing funds into an ATM. A signature is just required when you seek cash back from a deposit fabricated at a teller window.
   • You may want to sign your checks and gear up your deposit sideslip ahead of fourth dimension, for convenience and rubber. Limiting your fourth dimension at the ATM is safer and less likely to annoy those in line backside y'all.

5. 5

   Use the eolith envelope provided by the ATM. Older machines may have a pocket-sized door that yous lift open to reveal eolith envelopes, while newer machines may just spit them out of a slot.

   • Even if you have your deposit organized into an envelope, transfer information technology to the one provided by the machine.
   • Make sure yous insert all your checks, cash, and the deposit skid into the envelope. Seal it securely.
   • Write in any information, such as proper noun, date, and the deposit amount, requested on the exterior of the envelope (as indicated by labeled blank lines).
   • The ATM may ask you if y'all need more time while preparing your eolith. Press the indicated button to give yourself added time to go everything in club.

6. 6

   Insert your completed and sealed envelope and verify your eolith. The slot where you insert the envelope should exist conspicuously marked and may be indicated by flashing lights. Information technology may besides exist the aforementioned slot where yous received your eolith envelope.

   • When prompted by the ATM, either before or subsequently making the actual deposit, enter the total amount of your deposit. Write the total amount down on a scrap of paper beforehand if you need a reminder.
   • Take care to exist accurate. The depository financial institution should be able to correct any discrepancies, only it is quicker and easier to get things right the outset time.
   • Confirm that you want a receipt and keep it for your records, at least until your deposits articulate.

7. 7

   Wait for your deposits to articulate. Deposits of cash or bank check past envelope are manually counted and entered into your business relationship, so funds will non be available immediately.

   • A common expect time for fund availability from an ATM deposit is the 2nd business mean solar day after the deposit. That is, if you deposit the funds on Monday, they will be available Wed. But, if you deposit them Sunday (not a concern twenty-four hours), it volition also be Wednesday. Banks are required to consider ATM deposits made past apex to be made that business day.^[one]

   Advertizement

1. 1

   Verify that the ATM accepts no-envelope deposits. This is increasingly condign the standard in ATMs at depository financial institution branches, and it is condign more than common in other locations. Wait for notices on the screen or on the machine itself.^[ii]

   • No-envelope ATMs normally have clearly-marked, carve up slots for checks and cash.
   • Insert your card, enter your PIN, and follow the prompts to brand a deposit. The ATM will verify at some betoken whether y'all can make no-envelope deposits.

2. 2

   Endorse and prepare your checks. You volition non need a deposit skid for a no-envelope transaction.

   • You may want to add together up the full dollar amount of your check deposits beforehand, in order to compare to the total tabulated by the ATM. You lot volition be able to become through deposited checks individually if at that place is a discrepancy.

3. 3

   Feed checks into the marked slot when prompted. Many machines tin can read the checks regardless of orientation, but it tin't hurt to stack your checks neatly and facing in the same direction.

   • You lot do not need to feed the checks individually at most newer machines. The maximum number of checks you can feed at once should be displayed on the screen or machine; one national bank chain states a maximum of 30 checks at once.^[3]

4. 4

   Make sure that the total amount is correct and complete your transaction. You should be able to get through checks individually and make corrections if needed.

   • Many machines offering the option of printing an paradigm of the front of your cheque(s) on your receipt. Apply this option if y'all'd like an added layer of proof of deposit for your records.
   • Rejected checks -- those with unreadable printing or handwriting, for case -- should be returned to you lot at the stop of your transaction. Contact the bank if this does not happen.

5. 5

   Deposit cash into the appropriate slot according to the ATM's limit. One mutual maximum for a stack of cash is 50 bills.^[4]

   • Again, the machine should be able to read cash in any direction, but a not bad stack tin can just speed the process.
   • Unlike envelope deposits, where they can exist deposited together, cash and checks volition demand to be deposited in carve up transactions. Eolith i, indicate you lot'd similar to brand another transaction when prompted on the screen, then deposit the other.

6. 6

   Find out when deposits volition be credited to your account. This will vary by financial institution.

   • One advantage of non-envelope greenbacks deposits is that the money is immediately available in your account because information technology has been scanned and confirmed. Envelope cash deposits, on the other paw, need to be opened, counted, and entered. If you need to add funds to your account right abroad and don't take access to a banking company branch, a non-envelope cash deposit may exist your best bet.
   • Check deposits will even so require fourth dimension to clear after being posted; one national bank considers non-envelope check deposits made by 8 pm to be posted that business 24-hour interval, and it should clear on the second business concern day after (posted Monday, cleared Midweek, for example).^[5]

   Advertisement

Add New Question

• Question

  How long will it take the money I deposit to announced in my account?

  

  Michael R. Lewis is a retired corporate executive, entrepreneur, and investment counselor in Texas. He has over xl years of experience in business concern and finance, including as a Vice President for Blue Cross Blue Shield of Texas. He has a BBA in Industrial Direction from the University of Texas at Austin.

  

  Business Advisor

  Adept Answer

  

  Support wikiHow by unlocking this expert answer.

  Each banking concern has a policy regarding when yous can access funds afterward you make deposit through an ATM. Generally, funds will be available on the second business concern day after deposit, although the bank may allow partial withdrawals in the acting. Factors that bear on fund availability include the nature of the deposit (greenbacks, electronic funds, paper checks), the corporeality of funds deposited, the customer's history and relationship to the banking concern, and the source of the eolith (bank-owned or independent ATM). Bank check with your depository financial institution to identify their specific policies and procedures regarding availability of deposits.

• Question

  Can I deposit money at an ATM without a debit card?

  

  Michael R. Lewis is a retired corporate executive, entrepreneur, and investment advisor in Texas. He has over 40 years of experience in business and finance, including as a Vice President for Blue Cross Blue Shield of Texas. He has a BBA in Industrial Management from the University of Texas at Austin.

  

  Business Counselor

  Expert Answer

  

  Support wikiHow by unlocking this practiced answer.

  Many banks offer cardless access to their ATMs for deposits and withdrawals, typically through free mobile telephone apps. Check with your depository financial institution for their policy and process to proceed without a debit card.

Inquire a Question

200 characters left

Include your email address to go a message when this question is answered.

Submit

Advertising

• ATM deposit procedures vary past machine and depository financial institution. Follow the instructions on the screen for the most accurate directions.

• Many banks and credit unions offer apps to allow you lot to eolith a check past photographing both sides of it with your telephone. If y'all'd like to save a trip, find out if your bank offers such an app.

Advertisement

• Don't forget to take your card with you when finished.

• Exist careful. It is best to keep your Pivot and other financial details hidden outside ATMs. ATM locations are sometimes prone to scamming and robberies.

Advertisement

Well-nigh This Commodity

Article Summary X

To deposit money using an ATM, insert your debit card into the machine and enter your PIN number when prompted. Next, choose "Eolith" from the menu options. Don't forget to endorse your bank check by signing the back! If the ATM requires an envelope, fill out a deposit slip and put information technology in the envelope with your check. If an envelope isn't required, simply insert your cheque and follow the prompts on the screen. To find out how long it normally takes for your deposit to clear, proceed reading!

Did this summary assistance you?

Cheers to all authors for creating a page that has been read ane,222,667 times.

Did this article help you?

murdocktrone1963.blogspot.com

Source: https://www.wikihow.com/Use-an-ATM-to-Deposit-Money

Share this post