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