Monday, March 17, 2008

Depositing Checks From Home

The ATM freed bank customers from having to wait in long lines to deposit checks. And soon, this simple transaction could be taken care of from the comfort of your home. Several banks are considering adopting technology that would allow customers to scan checks with their home computers, and then submit them to the bank over the Internet.

This system - Remote Deposit Capture - has been in widespread use for several years among business clients. A banking services company recently modified it for individuals and has been lobbying banks to adopt the innovation. Check with your bank to see if they offer it.

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