How to Make a Check Deposit at an ATM

Depositing a check at an Automated Teller Machine (ATM) offers a convenient way to manage finances outside of traditional banking hours. Modern ATMs allow direct check deposits, providing flexibility and efficiency. This method saves time by avoiding teller lines.

Preparing Your Check for Deposit

Before heading to the ATM, prepare your check for a smooth deposit. Inspect the check to confirm it is made out for the correct amount, is not post-dated, and includes the payer’s signature. Any discrepancies in the written and numerical amounts may cause processing issues; the written amount is considered final.

Endorse the check on the back, usually indicated by a line or box that says “Endorse Here.” The most secure method involves writing “For Deposit Only” along with your account number above your signature. This ensures the check can only be deposited into your account. Simply signing your name, a blank endorsement, is less secure as it could allow anyone to cash or deposit the check if lost. Always use permanent ink, such as blue or black, for your signature and any other writing.

You will also need your bank debit card and your Personal Identification Number (PIN) to access the ATM. Confirm your bank’s specific requirements regarding deposit slips.

Depositing Your Check at the ATM

Once at the ATM, the deposit process is straightforward, guided by on-screen prompts. Insert your debit card into the designated slot and securely enter your PIN, shielding the keypad for privacy. After logging in, select the “Deposit” option from the main menu, then choose “Check Deposit” or a similar option.

The ATM will prompt you to select the account for the funds, such as your checking or savings account. Next, insert your check(s) into the deposit slot, which may be separate from the cash slot. Many modern ATMs can scan checks directly, and some allow multiple checks at once.

After the ATM scans your check, it will display the recognized amount. Verify that this amount matches the check’s value; if there is a discrepancy, the ATM may offer an option to correct or manually enter the amount. Once you confirm, finalize the transaction by following any remaining on-screen instructions, and remember to retrieve your debit card and a printed receipt.

After Your ATM Deposit

After completing your ATM check deposit, retain the transaction receipt as proof. Many ATM receipts for check deposits include an image of the deposited check, useful for your records. Keep this receipt until the funds are fully available in your account.

Funds from an ATM check deposit are not immediately available for withdrawal. Banks place a hold on deposited checks to allow time for the check to clear and for funds to be collected from the issuing bank. Fund availability varies, often ranging from one to two business days for deposits made at your own bank’s ATM before a specific cutoff time. Factors such as new accounts, large deposit amounts, or suspicion of uncollectibility can lead to longer holds, potentially extending up to several business days.

You can monitor the status of your deposit by checking your online banking portal or mobile application. If you notice any discrepancies or issues, contact your bank immediately. Provide them with the time, date, and location of your deposit, along with your receipt, to assist in resolving any problems. Keep the physical check in a secure place until the funds have fully cleared and are accessible in your account.