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 16, 2016, 10:09 am
#1111
Join Date: Jul 2014
Posts: 3,688
many newbies who engage in MS don't have huge deposits in their bank accounts. soon as their accounts are opened, they start depositing one to a few thousand MOs and withdrawing them as soon as they clear, these are the accounts that trip the bank's radar. banks can exercise their right to close such accounts they find them suspicious. I understand why MSers w/d them to pay their CC bills but from the bank's end, they definitely look suspicious.
Apr 17, 2016, 10:22 am
#1112
Join Date: Apr 2016
Posts: 1
I tried a WU MO at a Huntington this morning and the ATM kept rejecting it. I might try a MG version at some point.
Apr 18, 2016, 5:31 am
#1113
Join Date: Jul 2015
Posts: 287
I had a conversation with one of the friendly bank managers who I asked if I have to open a small business checking for my deposits. She said it was up to me but there was no need because they use KYC (know your customer) as their basis for people who bank with them. Since I've banked with them for years now, they know my deposit/withdraw pattern so I can just keep depositing all my checks to my personal c/a. She said if I needed to open a business C/A, that'll be fine, too.
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.
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 19, 2016, 6:16 pm
#1114
Join Date: Jul 2012
Location: ATL
Programs: All of Them
Posts: 511
Just tried to deposit a Money Gram MO at both the local USAA ATM and then on the app after the ATM rejected it. Tried WU MO and no problems. I have not had any problems with MG in the past on app, anyone else?
Apr 19, 2016, 7:18 pm
#1115
Join Date: Jan 2015
Posts: 1,112
Since the most recent update or the one before that, the app has been horrible for MG. I was able to get one by putting it on the absolute blackest surface I had, but I've specifically had to move away from USAA because of this change.
Apr 19, 2016, 7:52 pm
#1116
Join Date: Sep 2015
Location: Los Angeles
Posts: 740
Can I use Citi app to deposit a moneygram mo bought from Walmart? Is it safe to deposit MOs into Cities Gold account?
Apr 20, 2016, 5:49 am
#1117
Join Date: Aug 2011
Posts: 404
Same issues here - used to work on the first or 2nd try every time. Sometimes it literally takes 10 tries now.
Apr 21, 2016, 7:46 am
#1118
Join Date: Feb 2016
Posts: 55
Thanks for the wiki. I'm now using DCU to deposit WU and MG. Although the endorsement is a bit long, the MO's clear immediately.
Apr 24, 2016, 6:36 pm
#1119
Join Date: May 2015
Posts: 1,066
Anyone having any issues with Simple?
Just got the following message:
The odd thing is both myself and SO have accounts. Just started using each account. 1 account no problem, but the other encountered a reject message first and then after resubmitting go this message which almost makes it seems like they no longer accept MGs.
Just got the following message:
The MoneyGram Money Order you submitted for $XXX.XX can’t be deposited with photo deposit. If you'd like to deposit these funds into your account, please mail them for processing.
Please endorse the Money Order, write “for deposit only” and your account number under your endorsement, and mail it to:
Simple, PO Box 15329
Wilmington, DE 19885 - 5329
We recommend that you send your Money Order using certified mail so that you have a tracking number. That way you’ll know when it arrives at the bank and you'll have a better sense of when it will post to your account. It will likely take at least a week from the time that you mail the Money Order to see the funds in your account.
Thanks,
Simple
Please endorse the Money Order, write “for deposit only” and your account number under your endorsement, and mail it to:
Simple, PO Box 15329
Wilmington, DE 19885 - 5329
We recommend that you send your Money Order using certified mail so that you have a tracking number. That way you’ll know when it arrives at the bank and you'll have a better sense of when it will post to your account. It will likely take at least a week from the time that you mail the Money Order to see the funds in your account.
Thanks,
Simple
Apr 27, 2016, 10:42 am
#1120
Join Date: Sep 2013
Location: ATL
Posts: 52
Is anyone using be be and tee? I'm considering signing up but account terms say they don't accept money orders. Wiki says differently though.
"The following check types can be submitted using Mobile Check Deposit:
Personal checks payable to you
Business checks payable to you
Checks drawn from a United States bank
The following check types should not be submitted using Mobile Check Deposit:
Traveler's checks
Savings bonds
Money orders
Federal government checks
Foreign checks
Checks payable to any person or entity other than you"
"The following check types can be submitted using Mobile Check Deposit:
Personal checks payable to you
Business checks payable to you
Checks drawn from a United States bank
The following check types should not be submitted using Mobile Check Deposit:
Traveler's checks
Savings bonds
Money orders
Federal government checks
Foreign checks
Checks payable to any person or entity other than you"
Apr 27, 2016, 4:51 pm
#1121
Join Date: Feb 2016
Posts: 55
Curious if anyone here uses Suntrust Mobile Deposit. I tried a WU MO today and the app rejected the MO. I haven't yet tried a MG MO.
Apr 27, 2016, 6:23 pm
#1122
Join Date: May 2015
Posts: 97
Is anyone using be be and tee? I'm considering signing up but account terms say they don't accept money orders. Wiki says differently though.
"The following check types can be submitted using Mobile Check Deposit:
Personal checks payable to you
Business checks payable to you
Checks drawn from a United States bank
The following check types should not be submitted using Mobile Check Deposit:
Traveler's checks
Savings bonds
Money orders
Federal government checks
Foreign checks
Checks payable to any person or entity other than you"
"The following check types can be submitted using Mobile Check Deposit:
Personal checks payable to you
Business checks payable to you
Checks drawn from a United States bank
The following check types should not be submitted using Mobile Check Deposit:
Traveler's checks
Savings bonds
Money orders
Federal government checks
Foreign checks
Checks payable to any person or entity other than you"
Apr 29, 2016, 3:37 pm
#1123
Join Date: Jan 2012
Programs: DL, WoH
Posts: 1,253
Is anyone using be be and tee? I'm considering signing up but account terms say they don't accept money orders. Wiki says differently though.
"The following check types can be submitted using Mobile Check Deposit:
Personal checks payable to you
Business checks payable to you
Checks drawn from a United States bank
The following check types should not be submitted using Mobile Check Deposit:
Traveler's checks
Savings bonds
Money orders
Federal government checks
Foreign checks
Checks payable to any person or entity other than you"
"The following check types can be submitted using Mobile Check Deposit:
Personal checks payable to you
Business checks payable to you
Checks drawn from a United States bank
The following check types should not be submitted using Mobile Check Deposit:
Traveler's checks
Savings bonds
Money orders
Federal government checks
Foreign checks
Checks payable to any person or entity other than you"
Wow, wasn't aware they took mobile MOs...gonna try that now have a bunch of WUs.
Apr 30, 2016, 6:27 am
#1124
Join Date: Jul 2010
Posts: 102
Another datapoint -- used BoA ATM to deposit MG MO to Merrill Lynch CMA. Took about 7 business days to clear.
Apr 30, 2016, 3:33 pm
#1125
Join Date: May 2015
Posts: 1,066
Anyone have any references on banks that have issues with Post Office MOs? My MG sources are dying a slow death and I seem to remember some issues with the Post Office MOs not having a signature on the front.