Which service allows you to deposit checks by taking a photo and using a smartphone?

• A. Direct Deposit
• B. Mobile Deposit
• C. Maintenance Fee
• D. Endorse

Answer: (B)

The service is mobile deposit: depositing checks by taking a photo with your smartphone. You open your bank’s mobile app, photograph the front and back of the check, confirm the amount, and submit the image for processing. The bank then verifies the images and credits your account once the check clears. This method is popular because you can deposit almost anytime and anywhere, without visiting a branch or ATM. Remember to endorse the back of the check as required by your bank and keep the physical check for a short period until the deposit posts. Some banks also set limits or require that certain checks be deposited in person. Direct Deposit is an electronic transfer from your employer or other payer, not a check photo deposit. A maintenance fee is a charge from a bank or service, not a depositing method. Endorsement is simply the signature on the back to authorize a deposit, not a service that deposits checks.