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)
Apr 10, 2016, 9:02 am
#1096
Join Date: Sep 2015
Location: Los Angeles
Posts: 740
Just confirming MOs can be deposited at BoA ATMs. There is one a few steps away from my local WM money center 
Apr 10, 2016, 12:52 pm
#1099
Join Date: May 2015
Location: LAX, BUR
Programs: AS,AA,JB, HH Gold, Starriott Titanium Elite, Hyatt Explorist, Global Entry
Posts: 1,929
Having a long time relationship, and real money on deposit will be looked at differently than someone who blows in and starts depositing and withdrawing MOs.
Its not Rocket Science its Pocket Science.
Its not Rocket Science its Pocket Science.
Apr 10, 2016, 12:57 pm
#1100
Join Date: May 2015
Posts: 97
For those of you using LMCU, how do you like it? I read elsewhere that their mobile app is terrible but that was a post from 2014 maybe things are better now? I see they have a $5 fee if the account goes below $300. It shouldn't be difficult to keep that much in there at any time but even with the fee I guess it is a pretty cheap option if they have good use of mobile money order deposits.
Apr 11, 2016, 12:52 pm
#1101
Join Date: Jul 2010
Posts: 102
For those of you using LMCU, how do you like it? I read elsewhere that their mobile app is terrible but that was a post from 2014 maybe things are better now? I see they have a $5 fee if the account goes below $300. It shouldn't be difficult to keep that much in there at any time but even with the fee I guess it is a pretty cheap option if they have good use of mobile money order deposits.
Apr 12, 2016, 8:25 am
#1102
Join Date: Jul 2015
Posts: 287
any hints as far as what local cu's accept mo via mobile deposit? I don't want to fire off a bunch of credit hits only to find out the mobile app doesn't support money orders. looking for some insight into doing this correctly without burning a bunch of banks and leaking information on a good thing. is it best to just call and ask?
Apr 12, 2016, 8:30 am
#1103
Join Date: Oct 2014
Posts: 827
any hints as far as what local cu's accept mo via mobile deposit? I don't want to fire off a bunch of credit hits only to find out the mobile app doesn't support money orders. looking for some insight into doing this correctly without burning a bunch of banks and leaking information on a good thing. is it best to just call and ask?
Apr 12, 2016, 9:15 am
#1104
Join Date: Jul 2014
Location: DTW
Programs: Hyatt Globalist, Marriott Titainum, Hilton Diamond, IHG Platinum, Delta Diamond
Posts: 142
I had an account with Talmer and they sent me a letter that they no longer wish to continue their banking relationship with me.
Apr 14, 2016, 6:43 am
#1105
Join Date: Mar 2016
Posts: 7
I wanted to load my data points and hopefully get some advice; tit for tat if you will.
Anyone who is eligible for Popular Community Bank should consider opening an account with them for mobile MO deposit. The available balance shows as the next day even if the deposit is pending. Items clear in 2 days. They are Chex inquiry sensitive it seems as they placed a temporary hold to make sure it was me paying bills.
My question concerns volume with BoA. I do not value my relationship with them so am not worried about shutdown; just in riding the gravy train for as long as I can. I want to do about $25k a month with them if possible. Any recent shutdown datapoints with them recently?. I have read EVERY thread in this post and absorbed as much as I can. I plan to add data points regularly as I get them.
edit: Lol, they just called and shut me down at Popular. Only deposited $2500 :/
Anyone who is eligible for Popular Community Bank should consider opening an account with them for mobile MO deposit. The available balance shows as the next day even if the deposit is pending. Items clear in 2 days. They are Chex inquiry sensitive it seems as they placed a temporary hold to make sure it was me paying bills.
My question concerns volume with BoA. I do not value my relationship with them so am not worried about shutdown; just in riding the gravy train for as long as I can. I want to do about $25k a month with them if possible. Any recent shutdown datapoints with them recently?. I have read EVERY thread in this post and absorbed as much as I can. I plan to add data points regularly as I get them.
edit: Lol, they just called and shut me down at Popular. Only deposited $2500 :/
Last edited by jevans189; Apr 14, 2016 at 12:33 pm Reason: typo
Apr 15, 2016, 10:29 pm
#1106
Join Date: Jan 2016
Posts: 64
According to the Suntrust website, the mobile app does NOT allow depositing of MOs via app.
Can anyone confirm or deny this?
http://answers.suntrust.com/articles...Mobile-Deposit
Can anyone confirm or deny this?
http://answers.suntrust.com/articles...Mobile-Deposit
Apr 16, 2016, 12:00 am
#1107
Join Date: Oct 2014
Posts: 827
According to the Suntrust website, the mobile app does NOT allow depositing of MOs via app.
Can anyone confirm or deny this?
http://answers.suntrust.com/articles...Mobile-Deposit
Can anyone confirm or deny this?
http://answers.suntrust.com/articles...Mobile-Deposit
Apr 16, 2016, 7:18 am
#1108
Join Date: Jan 2010
Programs: Hilton Diamond, Marriott/SPG Platinum
Posts: 496
should people open business checking accounts for money order deposit? my impression is that business checking accounts are much looser on money order deposit.
Apr 16, 2016, 7:39 am
#1109
Join Date: Jul 2014
Posts: 3,688
She went further saying they had customers they suspected of doing ML who opened new accounts, deposited huge amounts and then withdrew them in huge batches in a week or so. I didn't pry how huge those deposits were
They closed those accounts soon as they noticed the pattern.
Apr 16, 2016, 8:41 am
#1110
Join Date: May 2015
Location: LAX, BUR
Programs: AS,AA,JB, HH Gold, Starriott Titanium Elite, Hyatt Explorist, Global Entry
Posts: 1,929
She went further saying they had customers they suspected of doing ML who opened new accounts, deposited huge amounts and then withdrew them in huge batches in a week or so. I didn't pry how huge those deposits were They closed those accounts soon as they noticed the pattern.
They closed those accounts soon as they noticed the pattern.It's amazing how many people here think this OK to do.
Having real money on deposit will enable the "know your customer" rule to be in effect even if you don't step foot in the bank/CU and allow MO deposits to made.