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0 pointsErroneousBosh4mo ago0 comments

What's a mobile deposit and why do you need an app to check it?

0 comments

It's the ability to take a picture of a check and deposit it into your account that way, vs having to take the check to an actual branch of a bank.

Here in the US, I still get checks frequently enough that it's nice to have.

gabrielhidasy4mo ago

I'll bet the confusion stems from the rest of the world having essentially forgotten what is a check/cheque almost a generation ago.

I only used them twice in my life, last one was in 2012 and I had to get a supervisor at the bank to find the procedure to get a checkbook at the time.

SoftTalker4mo ago

In the US, a lot of small employers still issue paper payroll checks.

finaard4mo ago

The last time I (EU) touched a check was in 2006 - my elderly landlord used that to refund overpaid utilities. I had to google what to do with that thing - the bank I was with wasn't handling checks at all, so I had to go to a branch of a different bank. And even there they first had to look up what to do with that thing.

ryandrake4mo ago

Maybe it's different for non-homeowners or people without kids. Just looking back at my records for about 2 years, I've written 36 paper checks in that time, not including the "online bill pay" provided by my bank which are often just physical checks they send in the mail: Kids extracurricular activities, school PTA donations, memberships in local clubs, pool service, home improvement jobs like fences and concrete, appliance repair, and, of course, property taxes.

2 more replies

ErroneousBoshOP4mo ago

Oh, cheques.

I don't think I've seen one of those since the early 90s. Do people still use them?

phantom7844mo ago

"Check" is the US spelling, and I still see them often enough here.

themafia4mo ago

What's hilarious is that at the end of the day your transaction is added to a text file and sent along with the image to the Federal Reserve Bank Clearinghouse via SFTP. It's then communicated back to the other bank in the exact same way.

j / k navigate · click thread line to collapse

0 comments

phantom7844mo ago

It's the ability to take a picture of a check and deposit it into your account that way, vs having to take the check to an actual branch of a bank.

Here in the US, I still get checks frequently enough that it's nice to have.

gabrielhidasy4mo ago

I'll bet the confusion stems from the rest of the world having essentially forgotten what is a check/cheque almost a generation ago.

I only used them twice in my life, last one was in 2012 and I had to get a supervisor at the bank to find the procedure to get a checkbook at the time.

SoftTalker4mo ago

In the US, a lot of small employers still issue paper payroll checks.

finaard4mo ago

ryandrake4mo ago

2 more replies

ErroneousBoshOP4mo ago

Oh, cheques.

I don't think I've seen one of those since the early 90s. Do people still use them?

phantom7844mo ago

"Check" is the US spelling, and I still see them often enough here.

themafia4mo ago

j / k navigate · click thread line to collapse