How to deposit a cheque at an ATM

## Before You Begin Before heading to the ATM, ensure you have: - The cheque, properly filled out and signed by the issuer - Your ATM or debit card - Your PIN number - Endorsed the cheque with your signature - A deposit slip (if required by your bank) ## Step-by-Step Process ### 1. Prepare Your Cheque - **Endorse the Cheque**: Sign the back in the designated area - Some banks require "For Deposit Only" and your account number - Ensure the cheque is free of damage and errors ### 2. Locate a Suitable ATM Use your bank's website or mobile app to find an ATM that: - Accepts cheque deposits - Is part of your bank's network to avoid fees - Is operational and in a safe location ### 3. Start the Transaction 1. Insert your debit card 2. Enter your PIN 3. Select "Deposit" from the main menu 4. Choose the account type (checking or savings) ### 4. Insert the Cheque #### Envelope Method - Take an envelope from the ATM - Place the cheque inside - Fill out deposit details on the envelope - Insert the sealed envelope into the deposit slot #### Direct Scan Method - Insert the cheque directly into the designated slot - Wait for the ATM to scan and display the amount - Verify that the amount is correct - Confirm the transaction ## Important Considerations ### Hold Times Most banks place holds on cheque deposits: - Personal cheques: 2-5 business days - Government cheques: Often available next business day ### Keep Your Receipt Always keep your receipt until the cheque clears. The receipt should show: - Transaction date and time - Deposit amount - Account number (partially hidden) - ATM location > Remember to always be aware of your surroundings when using an ATM, especially at night or in isolated locations. ## Troubleshooting Common Issues If you encounter problems: - Cancel the transaction and remove your card - Ensure the cheque is properly endorsed and undamaged - Try another ATM if the issue persists - Contact your bank's customer service - Visit a branch if necessary ## Alternative Options Consider using your bank's mobile app for cheque deposits. Many banks now offer this service through their [mobile banking applications](https://www.bankrate.com/banking/checking/mobile-banking-account-alerts/). For more information, visit: - [How to Endorse a Check](https://www.thebalancemoney.com/how-to-check-a-check-315428) - [Understanding Bank Hold Policies](https://www.investopedia.com/terms/h/holdingcompany.asp) - [Federal Deposit Insurance Corporation (FDIC)](https://www.fdic.gov/) *** *Note: If your cheque is damaged, very large in amount, or if you're unsure about any aspect of the deposit, it's best to visit a branch in person.*

How to deposit a cheque at an ATM

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