Bank of America's official Android app has been able to cash checks by taking photos of them for the last few years. It's an extremely useful feature that eliminates one of the last common reasons to stand in a teller line. It's also bloody frustrating, at least with Bank of America's implementation - I'm a customer, and I've often had to find a solid black backdrop and a couple of table lamps just to make the photo clear enough for BofA's strangely picky system.
The update to version 6.0 (all the way from 5.0) seems to have fixed that. I just tried out a test run with an old-fashioned paper check, and even on a light background in poor light, it passed the image verification. Read More
My fellow Bank of America customers, lend me your ears! No longer do you need to sit in embarrassed silence as Chase Bank and PayPal users show off the ability to deposit checks magically through their smartphones. Now you too can revel in the futuristic technology of 2011, having waited only a year for the largest banking institution in the country to update its Android app in line with non government-subsidized competitors. Truly, this is a great day for every BofA customer!
Sarcasm aside, mobile check depositing is the one thing that users of Bank of America's mobile app have been craving more than any other. Read More
After a period of limited beta testing, Citibank officially announced today that remote check deposits can now be done using its mobile app for Android. Just snap a picture of the check, and it's deposited remotely. The deposit limit seems to be $1,000 per day (at least it was during the beta), so it won't replace going to a local branch to deposit your paycheck just yet for some of you.
Sounds great. but does it work? I've been using the Chase app to deposit the few occasional checks that come in and haven't needed to go to a bank for a long time, but since Citibank is my main banking account, I decided to check it out. Read More