Robins Federal Credit Union Mobile Deposit Funds Availability
Robins Federal Credit Union offers a convenient mobile deposit service for its members, allowing them to deposit checks using their mobile devices. With this service, members can deposit checks anytime, anywhere, without having to visit a branch or ATM. But how long does it take for the funds to become available? In this article, we will explore Robins Federal Credit Union's mobile deposit funds availability policy in detail.
What is mobile deposit?
Mobile deposit is a service offered by banks and credit unions that allows customers to deposit checks using their mobile devices. With this service, customers can take a picture of the front and back of their check and submit it electronically through their financial institution's mobile app. The funds are then deposited into the customer's account, saving them the time and hassle of visiting a branch or ATM.
Robins Federal Credit Union mobile deposit policy
Robins Federal Credit Union offers a mobile deposit service through its mobile app, which is available for download on both iOS and Android devices. To use the service, members must first enroll and agree to the terms and conditions. Once enrolled, members can deposit up to $10,000 per day or $25,000 per month using the mobile app.
Funds availability
After depositing a check using the mobile app, the funds may not be immediately available in the member's account. Robins Federal Credit Union's funds availability policy states that the first $200 of a mobile deposit will be made available on the next business day. The remaining funds will be held for two business days. If the deposit is made after 3:00 PM EST, the deposit will be processed on the next business day.
It's important to note that the funds availability policy is subject to change and may vary based on individual account status and history. Members should check with their local branch or contact customer service for more information.
Tips for using mobile deposit
Mobile deposit can be a convenient way to deposit checks, but it's important to follow some best practices to ensure a smooth and successful transaction. Here are some tips for using mobile deposit:
- Ensure the check is properly endorsed with your signature and "For mobile deposit only."
- Make sure the check is not torn, folded, or damaged in any way.
- Ensure good lighting and a clear view of the check when taking the picture.
- Double-check the amount and account number before submitting the deposit.
- Keep the original check in a safe place for at least 30 days before destroying it.
Conclusion
Robins Federal Credit Union's mobile deposit service is a convenient way for members to deposit checks using their mobile devices. While the funds may not be immediately available, the funds availability policy ensures that members can access their funds within a reasonable amount of time. By following best practices and tips for using mobile deposit, members can ensure a smooth and successful transaction.