When a five- or six-figure check hits your account, it can feel like instant money. In reality, a quiet chain of bank rules, ...

A heads-up for anyone who uses their financial institution's mobile app to deposit checks. You need to include this phrase – "For Mobile Deposit Only” – underneath your signature on all checks ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The scanned check deposit service is a newly added feature to PenFed's ...

Learn what uncollected funds are, how they operate within banking, their benefits like fraud protection, and examples of their use. They're ideal for informed banking decisions.

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. As a back-office revolution takes hold in businesses across the country, ...

Hannah Logan is a Canadian freelancer writer and blogger who specializes in personal finance and travel. You can follow her adventures on her travel blog EatSleepBreatheTravel.com or find her on ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

If you are looking for a way to rebel against big banks, you could just sit on your couch and scan a few cheques. How is that making a statement? Once you can easily scan a cheque and deposit it, do ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Direct deposit was attempted to a temporary account used by a third-party tax preparer (this was an issue for the second check, especially). You changed your direct deposit banking preferences or ...

Large checks follow a slower, stricter clearing process, and most of the money isn't available right away. Here's what actually happens behind the scenes.