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With the prevalence of digital banking and money transfer apps, depositing money into someone else’s bank account has become more convenient and can often be done without the need for cash.
Sometimes, you may need to deposit someone else’s check into your account. Generally speaking, most banks and credit unions will not give you a hard time when you want to make such a deposit.
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Bank of America, Member FDIC, for example, doesn’t allow mobile deposits of traveler’s checks or money orders. More Ways To Deposit Money Into Your Bank Account. Standard in-branch, ATM and ...
A direct deposit (or direct credit), in banking, is a deposit of money by a payer directly into a payee's bank account.Direct deposits are most commonly made by businesses in the payment of salaries and wages and for the payment of suppliers' accounts, but the facility can be used for payments for any purpose, such as payment of bills, taxes, and other government charges.
Discover Bank offers a popular cash-back checking account. To deposit cash into the account, customers can bring their debit card and the cash to any Walmart and ask the cashier to add it to their ...