How to ATM Deposit?

Question

Because of the my bank branch location, I cannot make deposits during it's office hours. Thus, I wonder how to ATM deposit. Can one only deposit cash or checks too? What are the guarantees that the envelope will not be lost?

If someone can write step-by-step guide, I would appreciate it. Believe it or not, never did it before!

Thanks

Answer 1

Before you do your atm deposit call the bank and see if they have a night drop that you can place your envelop into. Usually (I know that bank where I work at least) checks that more often so the funds become available faster and when you put the envelope in it goes directly into a keyed vault so noe can have access to it. At our ATM's it can take up to 48 hours for the deposits in the atm to become available where in the night drop it can me the same day (cash) or next day (checks) availablity

Answer 2

don't ever put cash into the atm for a deposit. ever. hold on to it and use it as your spending money. just put checks in the atm so if they ever get lost, you can at least have the check cancelled and get a new one for you. insert you card in the atm, enter your pin, select deposit into either your checking or savings account and put your stufff in the envelope and insert into the machine. Make sure you get a receipt and hold onto it and don't throw it away until you have verified that your deposit made it into your account and has been posted in there. as far as your cash goes, if you really need to deposit it into your account, get a money order or something and do it that way. cash leaves no trace so whenever you have some means to prove you have x amount of dollars the better. banks do tend to lose envelope now and then but it's a rare site. either way you just want to be sure you're not screwed when that happens.

Answer 3

Put your card in the ATM
Put in your PIN
Select Deposit
Select Account
Type Amount
Take envelope and place cash or cheque in the machine