Learning Center Blog

All You Need To Know About Remote Check Capture

Remote Capture

In a world where you can order almost anything through your mobile phone — from a new pair of shoes to a dining room table to tickets to a Caribbean cruise — it only makes sense that Patriot Federal Credit Union offers mobile banking services for our members. You can now check your account balance and transfer funds between accounts, all from the comfort of your home or while on the road.

One of the most convenient features we offer through our mobile banking service is Mobile Deposit. There’s no need to take a trip down to your local Patriot branch when you schedule is already busy. All it takes to deposit a check is a minute of your time and a phone that has internet access.

Remote deposits first made their appearance in the banking world back in 2003 with the passing of the Check 21 Act. This law afforded scanned images of checks identical legal standing as the original paper documents. While the law was passed with the intention of speeding up the check-clearing process between financial institutions, the concept was quickly adapted by large businesses that were handling loads of checks each month. In 2009, when smartphones were already being used by most consumers, financial institutions began offering remote check capture and mobile deposits to their members.

What is remote deposit capture?

Just like it sounds, remote deposit capture is a way for you to deposit a check into your Patriot Checking Account using your smartphone. You can be practically anywhere in the world and make your deposit at any time of day or night.

The process is remarkably simple: You’ll sign into your mobile Patriot Federal Credit Union account and prepare your check for deposit. Tap the “Mobile Deposit” icon selection and your phone will guide you through snapping a picture of both the front and the back of the check. Don’t forget to endorse the back of the check. Please use the “For Patriot Mobile Deposit Only” restrictive endorsement. You’ll also be asked to verify the amount on the check. Once you’ve made that confirmation, your check will be submitted to be deposited into your account.

It’s that easy!

The benefits of remote deposit capture

Here are some of the benefits you’ll enjoy by using Remote Deposit Capture:

1.Convenience.As mentioned before, you can now make your deposit anywhere, and at any time.

2. Speed. Your check will generally clear more quickly through a mobile deposit than it will through an ATM deposit.

3. Accuracy. You’ll be asked to confirm the check amount to ensure that character-recognition software is reading it correctly.

4. But is it safe?

If you’re worried about sending a personal check through the airwaves, you can rest easy. Your safety is always our priority. We take multiple precautions to protect your personal information throughout the remote deposit capture process.

If you haven’t already done so, try Patriot Federal Deposit Capture! It’s quick. It’s easy. And it’s safe. You’ve got nothing to lose but one more errand crossed off your to-do list!
And if you ever need assistance, please call our contact center during normal business hours.