fenderbender
Good yo have you here. Can you help explain the internal mechanism? Let's say I deposit a MO by three different methods 1) Mobile banking 2) ATM 3) Teller
In each of these deposit methods, is there someone physically looks at each and every MO and verifies it? To some extent you can say Teller looks at MO, not sure if there is someone else who further looks at this. In method 1 and 2, is it deposited automatically?
To bankers, checks are not out of the ordinary; People deposit it all the time. MOs are rare. That too, self paid MOs are even more rare.