- The deposit slip must be given to the teller along with the check for the deposit to be completed. Obtain a Minor's Account Parents also have the option of opening a bank account for their minor children so that they can take part in depositing their own checks.
- For example, you can probably deposit a variety of check types such as cashier’s, traveler’s, money orders, and more. Also, make sure you know what your maximum daily amount is. If you have more to deposit than you’re allowed, you may have to actually go into your bank or space your deposits out over a few days.
Once you deposit your check, the bank will make that money available in your account once it clears, which usually takes a day or two. If you put it into a checking account, you can then draw on it by using your debit card (or you can withdraw it from an ATM, should you turn out to need actual cash). Make sure your deposit information is correct, then select Deposit. You’ll get an on-screen confirmation and an email letting you know we’ve received your deposit. After your deposit, write “mobile deposit” and the date on the front of the check. You should keep the check secure for 5 days before tearing it up.
Point. Click. Deposit. See how easy it is to deposit a check using the MyMerrill Mobile app!
MyMerrill Mobile Check Deposit
Mobile Check Deposit on the MyMerrill mobile app allows you to securely and conveniently deposit checks anytime and anywhere into eligible Merrill investment accounts.
Once you log into the MyMerrill mobile app:
- Tap on the check deposit icon.
- Using your device’s camera, take a picture of both
sides of the check. - And remember to sign the back.
- Select your deposit to account & enter the
amount. - Tap continue to verify the deposit, and lastly
finally, tap “make deposit” to process therequest.
A confirmation notice will appear on the screen letting you know it the check was accepted.
- You may can check the status of your deposit at
any time by returning to the app,selecting “check deposit” and then “view status.” - Deposits made after 7:30 p.m. Eastern Time will
be processed on the next business day. - It may take up to eight days before you can invest
or withdraw the funds. - The check should be kept for 14 days to ensure
the issuer has honored the payment.
Mobile check deposit provides you a secure and convenient option right from your home!
Important Information:
Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). MLPF&S is a registered broker-dealer, Member SIPC and a wholly owned subsidiary of BofA Corp.
Investment products:
- Are Not FDIC Insured
- Are Not Bank Guaranteed
- May Lose Value
Nothing discussed or suggested in these materials should be construed as permission to supersede or circumvent any Bank of America, Merrill Lynch, Pierce, Fenner & Smith Incorporated policies, procedures, rules, and guidelines.
Deposit Check For Minor
Neither Merrill Lynch nor any of its affiliates or financial advisors provide legal, tax or accounting advice. Clients should be instructed to consult with their legal and/or tax advisors before making any financial decisions.
Deposit Check Chime
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