Jan 25, 2014, 11:43 am
Last edit by: ChrisFlyer66
This is a historic thread. Recent discussion on this topic is available here:
http://www.flyertalk.com/forum/manufactured-spending/1819582-banks-allow-money-order-deposits-via-smartphone-atm-2017-a-4.html
Banks that allow Money Order deposits via Smartphone
Allow MO deposits via Smartphone:
Do not allow MO deposits via Smartphone:
Via ATM:
http://www.flyertalk.com/forum/manufactured-spending/1819582-banks-allow-money-order-deposits-via-smartphone-atm-2017-a-4.html
Banks that allow Money Order deposits via Smartphone
Allow MO deposits via Smartphone:
- Simple* (March 2014: People now receiving emails asking source and purpose of MO deposits) (Ref)
15 photo deposit per month and $3000 per deposit (first 5 are limited to $2000). Robust MO reading (Ref) - Citibank (500 first 6 months, 1500 thereafter) Citibank does not allow MoneyGram mobile deposits and most ATMs reject the MO.(Ref)
- SunTrust Only seems to accept WU, posts next day if in before 9pm.
- Everbank ($50K per day total, no check bigger than $50K) (but see report of shutdown
Ref) - Wells Fargo
$2500/day $5000/mo ($1000/day $3000/30days for new accounts < 180 days) (Ref)
user experience: multiple <=$500 (Ref); WU MO (Ref) - DCU
clears immediately (Ref). Very finicky that the MO be filled out completely and the back is endorsed "for deposit only DCU". - UFB Direct
prefers MoneyGram MOs; WU MOs work fine also. (Ref) - USAA (Ref)
No limit known. User experience: $5k/day. Posts instantly. One person reported shutdown after a few months, doing less than 5K mo in MO deposits.(Ref) - Penfed. $5K per day limit. WU works fine. A portion of deposit may be held back for a few days. Doesn't seem to take MG (amount entered doesn't match amount detected error message).
- BB&T. $1,000 per day, $3,000 per month. WU works fine. Doesn't seem to take MG.
- Charles Schwab, depending on account up to 10k/day (While they allow MOs, their app may not be able to read all MOs. MG only work with dark printouts.)
- NorthePointe bank. 10 day hold per new accounts <30 days old.
- Citadel FCU: normally works great with WU, but only do one deposit, small amount first time to test. Increase deposit amount slowly, and do not exceed 2K daily or they may call you and ask what you are doing, or freeze account. Very fraud-conscious at this CU. MO funds avail. within 24 hrs. Apparent $10K/mo limit.
- Clearview FCU
Do not allow MO deposits via Smartphone:
- Bank of America
Not reliable MO reading (Ref)
Effective 2/23 BofA no longer accepts mobile deposits of MOs or TCs. (Ref) - Bank of the West
- Chase
- Fiserv-based credit unions
- Fulton Bank
- Ally
- Capital One 360 (won't accept MO via mail in deposit either)
- Vanguard
- Fidelity MySmart Cash
- Navy Federal Credit Union
- Barclays. The terms state MOs are not allowed. MG worked twice but not again!
- PNC (Ref)
- TIAA-Direct (3 checks per business day, $10K per day) No longer viable after calls by Candy in Sep 2014.
- Eastern Bank. $2500 per day, $7500 per month. Update 3/22/16: Per chat, Eastern no longer accepts MO over Mobile Deposit
- Discover Checking* (NUMEROUS REPORTS MONEY ORDERS ARE NO LONGER ALLOWED)
user experience: <2k (Ref)
?2 days to post (Ref)
?terms do not explicitly state a limit (Ref) - LMCU Will shut down MO deposits for high volume.
- Santander: MG and WU are a no go
- Radius Bank: Mobile deposits no longer allowed
- Amalgamated Bank (cannot deposit MOs via mobile app)
Via ATM:
- Capital One - automatic amount detection (at least for Western Union), posts within 1-3 days
- Chase
about four days to clear (Ref) (Ref) - BoA
may be deposited at ATM (Ref)
(Ref) - Citi
Haven't been able to successfully deposit Western Union but MoneyGram usually works - Citizens: ATM will automatically detect amount as long as ink isn't faded; if read incorrectly or not at all you can manually edit amount
- WF
type in the amounts manually (Ref) - Huntington
- PNC Bank: ATM will automatically detect amount as long as ink isn't faded; told by teller that ATMs have no problems accepting MO deposits
- TD Bank
- USAA
- US Bank, can deposit MoneyGram, but you have to enter the amount manually.
- KeyBank: Will accept Western Union money orders. Refuses to accept MoneyGram (from WM) money orders. Recent 2016 reports of problems and risk of shutdown if going over even just a few thousand a month.
Banks that allow Money Order deposits via Smartphone or ATM(2014-2016)
Aug 6, 2014, 7:58 am
#556
Join Date: Jul 2014
Posts: 37
AMHFCU
American Heritage FCU allows mobile deposits of $2500/day and $5000/30 days. I have had this account since I lived in the Philly area, so I have no experience with on-line sign up. I deposited 4 MG MOs ($499 each) early on 8/6 and they were all approved within 30 minutes and all treated the same way: showing $200 will be available on 8/7 and $299 on 8/8. Mobile deposit app is separate and took a phone call to set up properly, but easy to use (very few retakes) and my first photo of the back of the MO was poor quality, but the deposit was still approved.
On another note. I too tried to deposit MG MOs with Discover to no avail, it should be included in the wiki.
Cheers,
Bill
Update: Funds were available on the 8th as expected
On another note. I too tried to deposit MG MOs with Discover to no avail, it should be included in the wiki.
Cheers,
Bill
Update: Funds were available on the 8th as expected
Last edited by UncleBill; Aug 9, 2014 at 2:43 pm Reason: Update
Aug 6, 2014, 11:03 am
#557
Suspended
Join Date: May 2014
Location: ILG/PHL
Programs: Amex Plat, AA Gold, SPG Gold, Hyatt Gold, HHonors Gold, Carlson Gold
Posts: 1,075
Aug 6, 2014, 3:06 pm
#562
Suspended
Join Date: May 2014
Location: ILG/PHL
Programs: Amex Plat, AA Gold, SPG Gold, Hyatt Gold, HHonors Gold, Carlson Gold
Posts: 1,075
Aug 6, 2014, 3:21 pm
#563
Join Date: Dec 2009
Location: DEN
Posts: 502
Meanwhile those new to this struggle to understand why they have issues depositing MG MOs with them.
Leaving receipts attached? That's a sign that MG MOs clearly aren't ideal for Discover and it's time to mention this again in the wiki. We're not implying it's impossible or not permitted to deposit MG MOs. It's just meant to be a helpful suggestion to those starting out if they want a lower chance of running into issues.
Aug 6, 2014, 3:39 pm
#564
Join Date: Jul 2014
Posts: 37
Plus doesn't leaving receipts on look even more like ML? Like, I am definitely depositing a money order that I personally just bought with cash, see the receipts is even on it.
Aug 6, 2014, 3:42 pm
#565
Suspended
Join Date: May 2014
Location: ILG/PHL
Programs: Amex Plat, AA Gold, SPG Gold, Hyatt Gold, HHonors Gold, Carlson Gold
Posts: 1,075
Because your name and signature as the purchaser on the front and endorser on the back doesn't look suspicious?
Aug 6, 2014, 7:05 pm
#567
Join Date: Apr 2014
Location: Tallahassee FL
Posts: 39
Any more information is probably detrimental.
Am I doing wrong? Maybe. Have they ever had a problem taking my deposit? Nope.
Aug 6, 2014, 7:17 pm
#568
Join Date: May 2013
Location: RMS
Programs: DL Plat, UA Gold, Bonvoy Titanium, Hilton Credit Card Diamond
Posts: 8,789
You don't sign in the bottom right corner like you would a check? There's a spot there where the purchaser is supposed to sign. I always try to make that signature as chicken-scratch as possible but do sign my name since I was the purchaser. Then I clearly sign the endorsement on the back. Your way is interesting to me though if you say it works.
Aug 6, 2014, 7:24 pm
#569
Join Date: Jan 2006
Location: PHX
Programs: AA, SPG, UR
Posts: 329
I have done more than $8k in one go multiple times. Why the really????
I had the same thing happen with $6.5k deposit (6 MoneyGram $1ks and one Western Union $500). I did not have my address written on the MOs. I immediately called the number on the slip and filed a claim. BofA asked for and I provided the money order numbers for each one (I had the receipts with me right there in the car). The next day a "temporary" credit for the correct account appeared on my account. This was on 7/25. I have since withdrawn all those funds (they get ETF'd over to my ST account). It still shows as "temporary credit" but assume at some point it will change to the correct version.
Yes was a little bit scary but with the purchase receipts and MO stubs I had little fear I would not get my money, though of course like when someone crashes into your car in a parking lot your thoughts are like "ok this is going to be a PIA to fix..."
I had the same thing happen with $6.5k deposit (6 MoneyGram $1ks and one Western Union $500). I did not have my address written on the MOs. I immediately called the number on the slip and filed a claim. BofA asked for and I provided the money order numbers for each one (I had the receipts with me right there in the car). The next day a "temporary" credit for the correct account appeared on my account. This was on 7/25. I have since withdrawn all those funds (they get ETF'd over to my ST account). It still shows as "temporary credit" but assume at some point it will change to the correct version.
Yes was a little bit scary but with the purchase receipts and MO stubs I had little fear I would not get my money, though of course like when someone crashes into your car in a parking lot your thoughts are like "ok this is going to be a PIA to fix..."
Aug 8, 2014, 6:52 pm
#570
Join Date: Dec 2013
Location: WI
Posts: 181
I recently opened a Discover checking account to deposit MO into. I've tried using the Android app to deposit a couple small checks that have been gathering dust, and I can't get the app to accept the pictures to save my life. I've tried checks from two different banks and using two different smartphones, and I always get the "check picture wasn't clear enough" even though they look clear to me. If this is a sign of things to come, this account will be useless to me.