October 31st, 2008
How Do You Make Deposits To Internet Only Banks?
I have been thinking about opening an account with an internet only bank, but I am curious about exactly how this works. I usually go to my bank to make deposits, and I have to either use their ATMs or go to a branch in order to do this, unless I have direct deposit. When you have an account with one of the banks that only have online banking services, how do you go about depositing checks that people give you? I can have my paycheck direct deposited, but what do I do about checks from family members or other people?