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Business Mobile Deposit

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Business Mobile Deposit

January 16, 2021

Bank-of-Elk-River-Business-Mobile-Deposit

Ideal for businesses on the go! Business Mobile Deposit enables customers to quickly and easily deposit checks using smartphones and tablets. Simply download The Bank of Elk River Business Mobile Deposit app from the iTunes® App Store or from the Google Play™ Store and contact our Business Banker, Lynn Backlund, to get started today!

Benefits

  • Quickly and easily deposit paper checks using smart devices
  • Deposit checks into multiple accounts
  • Deposit more than one check at a time
  • Grant unique login credentials to multiple users
  • Access detailed reporting and audit trails
  • Integrate with Business Desktop Deposit to complement mobile deposits in the field with desktop scanning in the office
  • Take advantage of enhanced security, fraud protection and leading-edge technology

What checks can be deposited?

  • Checks that are complete and unaltered.
  • Checks that are in U.S. currency drawn on a financial institution in the U.S.
  • Checks that are made payable to the account owner(s).
  • Checks must be dated less than six months from the deposit date.
  • The endorsement area will need the payee’s signature(s) along with this phrase “For Mobile Deposit only” and your account number.

How much does Mobile Deposit cost?

  • There is no fee charged for Business Mobile Deposit. Wireless message and data rates may also apply.

For more information: