Crossword Solver > found answer > REMOTEDEPOSIT (remote deposit)

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remotedeposit

remote deposit

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The answer REMOTEDEPOSIT (remote deposit) has 1 possible clue(s) in existing crosswords.

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The word REMOTEDEPOSIT (remote deposit) is NOT valid in any word game. (Sorry, you cannot play REMOTEDEPOSIT (remote deposit) in Scrabble, Words With Friends etc)

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Definitions of remote deposit in various dictionaries:

REMOTE DEPOSIT - Remote deposit is the ability of a bank customer in the United States and Canada to deposit a check into a bank account from a remote location, such ...

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Possible Crossword Clues
Silt on the other side of a really wide river?

Remote deposit description
Remote deposit is the ability of a bank customer in the United States and Canada to deposit a check into a bank account from a remote location, such as an office or home, without having to physically deliver the check to the bank. This is typically accomplished by scanning a digital image of a check into a computer, then transmitting that image to the bank. The practice became legal in the United States in 2004 when the Check Clearing for the 21st Century Act (or Check 21 Act) took effect, though not all banks have implemented the system. * This service is typically used by businesses, though a remote deposit application for consumers has been developed and has begun to be implemented by a handful of banks.Remote deposit should not be confused with:* Direct deposit, which refers to the practice of posting amounts, such as employees’ weekly earnings, directly to their bank accounts. * Online deposit, which refers to a retail banking service allowing an authorized customer to record a check via a web application and have it posted, then mail in the physical check, giving the customer access to the funds before the check clears in the usual way. While this type of service does not involve a scanner nor take advantage of the Check 21 Act, it is also sometimes called remote deposit.

Remote deposit description

Remote deposit is the ability of a bank customer in the United States and Canada to deposit a check into a bank account from a remote location, such as an office or home, without having to physically deliver the check to the bank. This is typically accomplished by scanning a digital image of a check into a computer, then transmitting that image to the bank. The practice became legal in the United States in 2004 when the Check Clearing for the 21st Century Act (or Check 21 Act) took effect, though not all banks have implemented the system.
* This service is typically used by businesses, though a remote deposit application for consumers has been developed and has begun to be implemented by a handful of banks.Remote deposit should not be confused with:* Direct deposit, which refers to the practice of posting amounts, such as employees’ weekly earnings, directly to their bank accounts.
* Online deposit, which refers to a retail banking service allowing an authorized customer to record a check via a web application and have it posted, then mail in the physical check, giving the customer access to the funds before the check clears in the usual way. While this type of service does not involve a scanner nor take advantage of the Check 21 Act, it is also sometimes called remote deposit.

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