Do you want to know the US PenFed Credit Union mobile deposit limit? If you do, then check out this quick guide.
We will also show you how to use PenFed mobile deposit and what to do after mobile deposit.
Pentagon Federal Credit Union (PenFed) Mobile deposit involves taking photos of the check you are depositing using the PenFed mobile app.
You need to download the mobile app and enroll for online banking to be able to use mobile deposits.
PenFed Credit Union Mobile Deposit Limit
There is no limitation on the number of checks you can deposit daily.
There are, however, limits on the amount of money you can deposit using a mobile deposit in a day.
Check your PenFed Credit union mobile deposit limit from your banking app.
You can also contact the credit union to enquire about your daily and monthly limits.
The credit union may increase or decrease your mobile deposit limit at any time without your approval.
This is the PenFed mobile deposit limit in the US.
How To Use PenFed Mobile Deposit
Below are the steps to guide you on how to use PenFed mobile deposit:
- First, open the PenFed mobile banking app
- Tap Deposits & Transfers
- Tap ‘make a deposit.’
- After that, select the account to deposit the funds into
- Next, enter the amount of the deposit
- Take the photos of the front and back of your check
- Ensure that the photos are clear and well-lit
- Tap continue
- After that, review your deposit details for accuracy and then tap Deposit Check to complete your deposit.
This is how to use the PenFed Credit Union Mobile Deposit in the US.
What To Do After Depositing A Check
You don’t have to send PenFed the deposited check; instead, retain it for at least 30 days.
The credit union may need the original check to aid in the clearing process so ensure that you keep it safe for at least 30 days.
After 30 days, you can void or destroy the check for security purposes.
You can only deposit a check once, so do not try depositing one that you have already submitted in the past.
This is all to know about PenFed Credit Union mobile deposit limit in the US.