Last Updated on July 1, 2024 by admin
Do you want to learn how you can deposit your check with TD Bank mobile app without visiting the bank or even remote location? This article will guide you steps by steps How to deposit a cheque online with your mobile device on TD app
The TD bank Mobile Banking is seamless, fast, easy and secure, you can Manage your finances anytime, anywhere, such as bills payment, mobile deposit, cash transfer, and check your account history and many more services.
You can also use your mobile app to track your portfolio, and place trades when and how you want with the industry leader in mobile trading. You can View your deposits, loans, credit card and find the nearest TD Bank or ATM.
The TD Bank Mobile Deposit provides Online or Mobile banking customers to deposit a check through the TD mobile app using your internet-enabled iPhone® or Android™ mobile device, provided your device has a camera.
Important of mobile check deposit
Mobile check deposit, like the one offered by TD Bank, provides several significant advantages:
Convenience:
- Deposit anytime, anywhere: You no longer need to visit a physical bank branch or ATM to deposit checks. You can do it from the comfort of your home, office, or on the go, 24/7.
- Save time and effort: Mobile check deposit eliminates the need to travel to a bank and wait in line, saving you valuable time and effort.
Accessibility:
- No restrictions on banking hours: You can deposit checks outside regular banking hours, which is especially useful for people with busy schedules.
- Remote deposit option: This feature is particularly beneficial for people who live in rural areas or have limited access to physical bank branches.
Security:
- Reduced risk of theft or loss: By depositing checks electronically, you eliminate the risk of losing them or having them stolen in transit to the bank.
- Safe and secure: Mobile deposit services use encryption and other security measures to protect your financial information.
Environmental Impact:
- Reduce paper waste: Mobile deposit eliminates the need for paper deposit slips and reduces the overall paper consumption associated with check processing.
Additional Benefits:
- Faster access to funds: In many cases, funds from mobile check deposits are available faster than traditional deposits.
- Track your deposits: Most mobile banking apps allow you to track your mobile deposit history and see when funds become available.
Read: How to Enroll/Register for TD bank Online and mobile banking and transfer money
TD Bank Mobile Check Deposit process steps by steps
TD Bank Mobile Check Deposit allows you to deposit checks using your smartphone or tablet. Here’s a step-by-step guide on how to use it:
1. Go to the Deposit page:
- Open the TD Bank mobile app on your device.
- Select the “Deposit” button at the top of the screen.
2. Register for Mobile Deposit (if you haven’t already):
- If it’s your first time, select the “Register” button at the bottom of the screen.
- Follow the prompts to complete registration.
3. Enter deposit information:
- Select “Deposit Check” near the top of the screen.
- Choose the account you want to deposit the check into.
- Enter the amount of the check.
4. Capture check images:
- In the “Capture Check” section, select the “Front” button to take a picture of the front of your check.
- Make sure the image is clear and all four corners are visible.
- Repeat the process to capture the back of the check, including your endorsement and “For Mobile Deposit Only at TD Bank” below your signature.
5. Review and finish:
- Carefully review your photos and deposit information for accuracy.
- Select “Deposit Check” if everything is correct.
- You will receive a confirmation message once the check has been submitted.
6. Store or discard the check:
- After a few days (typically 2 business days), confirm that the deposit has been processed.
- Store the check in a safe place for 14 days, then you can discard it safely.
Additional Tips:
- Ensure the check is properly endorsed and includes “For Mobile Deposit Only at TD Bank.”
- Flatten the check on a dark, non-reflective surface for better image quality.
- Keep your app updated to the latest version for optimal performance.
Also read: TD Bank Personal loan and Line of Credit: Requirements
Types of check you can’t deposit via TD bank mobile deposit
The following check are not accepted by TD bank:
In United states:
1.Checks that are not payable to you or your joint account holder
2.Checks that have already been deposited
3.Foreign checks (drawn on a bank that is located outside of the United States and/or not payable in U.S. Dollars.
In Canada:
You can only deposit cheques from Canadian financial institutions.
1.CAD checks will require a Canadian dollar account
2.USD chechskwill require a US dollar account
You must have at least one eligible Checking, Savings or Line of Credit Account. A Tax-Free Savings Account (TFSA) or Home Equity Line of Credit (HELOC) are not eligible
When will TD Bank mobile deposit funds be available?
For TD Bank (US), mobile check deposits made before 8:00 PM ET on a business day are typically available the next business day. If the deposit is made after 8:00 PM ET or on a weekend or holiday, it will be available within two business days.
For TD Canada Trust, if the images are received on or before 11:59 PM EST on a business day, the funds will be posted to your account on that day. However, the availability of the funds is subject to TD’s Hold Funds Policy.
Please note that there might be exceptions for new accounts or large deposits. You can check the TD Bank mobile app or website for specific details on your deposit.
