What is Mobile Deposit?
Mobile Deposit is accessed through our Mobile Banking app available for the iPhone and Android smart phones and tablets. Mobile Deposits can also be made with your flatbed scanner via a secure internet portal.
Mobile Deposit enables you to deposit checks using your smartphone or tablet from anywhere or using a flatbed scanner at home. Using the camera on your mobile device, follow the instructions in the app to take a photograph of the front side of the check and the back side of the check –write “For Mobile Deposit” and your signature where you normally endorse checks for deposit. Or using the secure internet portal, sign in and follow the instructions to take a scan of the front side of the check and the back side of the check -- write “For Mobile Deposit” and your signature where you normally endorse checks for deposit.
Can I Use Mobile Deposit?
Any current demand deposit account customer can use the Mobile Deposit Service, provided that you meet the following requirements:
• Your demand deposit account has been open for more than 30 days
• You have no charge off or loss on a prior account with Farmers & Drovers Bank
• Your average monthly balance for the past 12 months is positive
• Your loan payments are current
• You have provided us with your current valid address and email address
Are there Fees for using Mobile Deposit?
Each check deposited using Mobile Deposit is subject to a $0.50 fee. Our Prime and Choice checking accounts include a limited number of Mobile Deposits as a benefit to the account holder, please see account details for specific information.
What Should I do with the Check after it is Mobile Deposited?
Once you have received confirmation that your Mobile Deposit was accepted, you must keep the original check for at least 14 days. You may destroy the check once the 14 days have lapsed, but you agree to destroy the deposited check within 30 days after it is successfully deposited.
What is the cut off time for Mobile Deposits?
The cut off time for Mobile Deposit is 2:00pm. Checks deposited by Mobile Deposit on regular business days will be included in that day’s business if successfully deposited before the 2:00pm cut off time.
Are there Maximum Limits to the Number or Dollar Amount of Checks?
The following daily, monthly and dollar amount limits generally apply for Mobile Deposits.
Daily: 5 Checks $1,000
Monthy: 10 Checks $2,000