Depositing Money into an Online Bank

Depositing Money:
- Insert your debit card into an ATM, enter your PIN, and select “Deposit Cash,” “Deposit Checks,” or “Deposit Both.”
- Count and organize your cash with all bills facing up, then feed it into the deposit slot. Verify the total on screen to complete the deposit.
- Endorse your checks before inserting them into the deposit slot. Verify the amount for each check on screen to complete the deposit.

Locate an ATM:
- Find an ATM affiliated with your bank that accepts cash deposits. Check your bank’s website or app, or call your local branch for assistance.
Prepare Your Cash:
- Count and organize your cash with all bills facing up. Avoid depositing torn, taped, or heavily soiled bills as they may be rejected.
Insert Your Debit Card:
- Insert your debit card chip-first into your bank’s ATM, then enter your PIN. Select “Deposit” from the menu on the screen.
Choose Deposit Option:
- Select “Deposit Cash” or “Deposit Both” if available, then choose the account to deposit your money into.
Enter Deposit Amount:
- If prompted, enter the total amount of cash you’re depositing.
Insert Cash:
- Insert your cash into the deposit slot, following the orientation shown on the ATM. Insert all cash at once or in batches if necessary.
Confirm Deposit:
- Verify the amount displayed on the screen. If correct, press “Continue” or “Finish Deposit.”
Retrieve Card and Receipt:
- Take your debit card and receipt once the transaction is complete. Your cash deposit should appear in your account immediately.

Find an ATM:
- Locate an ATM affiliated with your bank that accepts check deposits. Check your bank’s website or app for locations.
Prepare Your Checks:
- Endorse your checks and add up their values to find the total. Organize checks face-up and in the same orientation.
Insert Your Debit Card:
- Insert your card chip-first into the ATM and enter your PIN. Select “Deposit” or “Deposit Checks” from the menu.
Choose Account:
- Select the account where you want the checks deposited.
Insert Checks:
- Insert checks into the deposit slot, following the orientation shown on the ATM. Insert all checks at once or in batches.
Confirm Amounts:
- Verify the amount for each check displayed on the screen. If correct, press “Continue” or “Finish Deposit.”
Finish Transaction:
- Retrieve your card and receipt. The money from your check deposit may not be available immediately, but usually within 1-3 business days.

Out-of-Network Deposits:
- Most banks don’t allow deposits in out-of-network ATMs. If they do, the deposit may take up to 5 business days to appear in your account.

No Upper Limit:
- Most banks don’t have an upper limit for ATM deposits. However, the U.S. Federal Government only insures up to $250,000 per person, per bank, per account type.
Availability:
- Cash deposits are often available immediately, but check deposits may take 1-3 business days. Banks can hold deposits under certain conditions.
Full ATMs:
- ATMs can only hold a certain amount of cash and checks. If full, you may see an error message until the ATM is emptied by bank staff.

Use Mobile App:
- Deposit checks using your online bank’s mobile app by uploading photos of the check. The check usually clears within 1-3 business days.
Partner ATMs:
- Some online banks partner with ATM networks for deposits. Check your online bank’s website or app for zero-fee ATMs.
Transfer Funds:
- Transfer money from a conventional bank to your online bank using services like Zelle or linking accounts on your bank’s website.

Fund Availability:
- Funds from ATM deposits are generally available on the second business day, though partial withdrawals may be allowed earlier. Check with your bank for specific policies.

By following these steps, you can easily deposit cash and checks at ATMs, ensuring your money is safely and quickly added to your account.

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