RDC Deposit Guidelines
EFCU Remote Deposit Capture is a secure and easy way to deposit a check from virtually anywhere, anytime. You can make deposits in a snap with your iPhone® or Android™ device. Deposit cutoff time is 4pm MT (M-F) for deposits to be posted by 6pm MT. Deposits after 4pm MT will post the next business day.
Due to a new banking regulation, all checks deposited via a mobile service must include:
- “For Mobile Deposit Only” handwritten below your signature in the endorsement area on the back of the check or the deposit may be rejected.
Although some checks have a preprinted box to indicate mobile deposit, checking this box does not complete the endorsement requirement. “For Mobile Deposit Only” must be written legibly below your signature.
Unfortunately, if you deposit a check through our mobile app without a signature or this endorsement, the check may be rejected, and the deposit will be removed from your account. To help you avoid this situation, our mobile app will display a reminder message “You agree to restrictively endorse any item transmitted through the Services as “For mobile deposit only Account #_____”
Questions? Please call (575) 393-1596.