Preparing Deposit Slips & Bags
The exact process will differ from one bank to another. To make the job easier for the teller, make sure you write the deposit amount correctly in dollars and cents. Depositing a check is relatively similar no matter which method you choose. Always endorse the check, and you may need to write an extra note below the signature if the check isn’t being directly handed to a bank teller. The check may take a couple of days to clear before the funds become available. Like mobile check deposits, online deposits can be made at any time without having to go to a branch.
- A deposit slip is a written order to your bank instructing it to put funds into your account.
- To use an ATM, you need a personal identification number .
- You’ll want to keep an extra supply of these deposit slips on hand.
- Most slips have separate lines for cash and checks.
Include the check number and the amount of each check separately. If you don’t have any checks to deposit, move on to the subtotal. This is the total amount of currency that you have for the deposit.
What Is a Deposit Slip?
Bundle the checksChecks should all be face up, in the same direction. If you have questions about making a deposit, a Personal Banker from FNBO would be happy to answer them. “Hands on Banking for Young Adults, Getting Started, Lesson 5” “How to fill in a deposit slip”. WikiHow is a “wiki,” similar to Wikipedia, deposit slip which means that many of our articles are co-written by multiple authors. To create this article, 35 people, some anonymous, worked to edit and improve it over time. Regulation CC is a federal policy that sets certain standards on the check-clearing process for endorsements and processing of funds.
Some banks have extra boxes on the back of the deposit slip. This way, you do not have to fill in several deposit slips. Mobile deposit lets you submit photos of the front and back of your endorsed check. You can save time with fewer trips to a Wells Fargo ATM or branch. A checking deposit slip is a small written form that is used to place funds into your account.
Explore Wealth Management
We are happy to help with any questions regarding how to fill out a bank deposit slip! We welcome any questions you may have, big or small. When you deposit money in a bank at a branch, you need to fill out a deposit slip to direct the funds to the right account. You typically only need to sign a deposit slip when you want cash back from your deposit. If you’re only depositing funds, you don’t need to sign the deposit slip. If you’re making a deposit through an ATM, you may not need a deposit slip at all, so you won’t need to sign anything. Write your name and your account number on the deposit slip.