Enter your keyword

Herr Governator, Can We Start Depositing Checks Via iPhones Like They Do In Texas? Puhleeez?

Herr Governator, Can We Start Depositing Checks Via iPhones Like They Do In Texas? Puhleeez?

Photo by termduewednesday at DeviantArt

Photo by termduewednesday at DeviantArt

This article from Mashable suggests that waiting in line to deposit checks may be something we don’t have to do for much longer. Oh, my frugal friends! How I have longed and ached for this day. In fact, I wrote a post a while back about how some smaller banks already let their customers deposit checks via fax. But to be honest, I thought this was just another pie-in-the-sky pipe dream that this would start happening anywhere on a mass-scale.

But now I hear that USAA, a bank based in Texas, is already allowing people to deposit their checks remotely via their iPhone app. Because everything is bigger in Texas I guess, so it takes longer to get to the bank. It makes sense that they’d start doing this first. Apparently, the deal is that the bank won’t even require customers to mail in their check later, they will handle it all electronically, and then ask the customers to void the check on their own. At present, you can also use a scanner to deposit checks with USAA.

Here’s a live demo of the service, though the process seems pretty simple (i.e. take a picture of the check, email to the bank):

Pretty damn cool. Now if we could just get it installed in banks in California, I’d be all set

Comments (5)

  1. Aug 11, 2009

    Such a cool feature! Sadly we don’t use checques in the Netherlands.

  2. melissa
    Aug 11, 2009

    I have USAA and an iPhone and LOVE this! I’m not in Texas….Virginia, actually (I work with Weezy!!)
    LOVE the blog!
    xx melissa

  3. Aug 11, 2009

    Hi Melissa: that’s awesome! I guess everyone can use it, then. Maybe I should consider switching to USAA.

  4. Aug 12, 2009

    We have USAA (it may, sadly, be a military only thing since that is how we got hooked up, but don’t quote me) and it is great. I don’t iPhone, but I can scan checks and do it over the interwebz. My only qualifier here is that USAA doesn’t, as a general rule, have branch offices, so these perks are to make up for that fact. As someone who really prefers to do everything online or by phone, it is great, but if you ever want to deal with a person face-to-face, forget about it.

  5. melissa
    Aug 12, 2009

    Yes, it’s true that you must have some sort of ties to the military to get USAA–my father was in the Air Force so I am eligible and now my husband is as are my kids as well as my step-kids. They have the best insurance rates and I love their banking. They do not have any offices–they are totally online so it’s worked for me.

Post a Comment

Your email address will not be published.