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Banks that allow Money Order deposits via Smartphone or ATM(2017-onward)

Banks that allow Money Order deposits via Smartphone or ATM(2017-onward)

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Old Mar 21, 22, 10:42 am   -   Wikipost
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Last edit by: Klemhuzzah
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This is a new thread for 2017. The previous discussion can be found here.

Moneygram does not allow mobile app MO deposit regardless of whether or not the bank allows it. However, this policy doesn't seem to be enforced. You can still deposit via ATM or in person.

Banks that allow Money Order deposits via Smartphone

Allow MO deposits via Smartphone:
  • BB&T. $1,000 per day, $3,000 per month. WU works fine. Doesn't seem to take MoneyGram.
  • 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.)
  • 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.
  • Citibank (500 first 6 months, 1500 thereafter) Citibank does not allow MoneyGram mobile deposits and most ATMs reject the MO.(Ref)
  • Clearview FCU
  • DCU - works, reports of shutdown for MS specific behavior (depositing Money Orders) start in March 2017 (Ref, Ref, Ref posts 99 and onward)
    clears immediately (Ref). Very finicky that the MO be filled out completely and the back is endorsed "for deposit only DCU".
  • Everbank ($50K per day total, no check bigger than $50K) (but see report of shutdown
    Ref)
  • NorthePointe bank. 10 day hold per new accounts <30 days old.
  • 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).
  • 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)
  • SunTrust Only seems to accept WU, posts next day if in before 9pm.
  • United Bank
  • UFB Direct
    prefers MoneyGram MOs; WU MOs work fine also. Will Shut down. (Ref)
  • USAA (Ref)
    May be limited to $1k/day available immediately (Ref), with remainder held for 1 week. User experience: $5k/day. One person reported shutdown after a few months, doing less than 5K mo in MO deposits.(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)

Do not allow MO deposits via Smartphone:
  • Ally
  • Amalgamated Bank (cannot deposit MOs via mobile app)
  • Aspiration
  • 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
  • Barclays. The terms state MOs are not allowed. MG worked twice but not again!
  • Capital One 360 (won't accept MO via mail in deposit either)
  • Chase
  • 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)
  • Eastern Bank. $2500 per day, $7500 per month. Update 3/22/16: Per chat, Eastern no longer accepts MO over Mobile Deposit
  • Fidelity Investments - no MO's accepted at all
  • Fiserv-based credit unions
  • Fulton Bank
  • Huntington Bank
  • LMCU Will shut down MO deposits for high volume.
  • Navy Federal Credit Union
  • PNC (Ref)
  • Radius Bank: Mobile deposits no longer allowed
  • Sallie Mae (actually, does not accept money order deposits at all)
  • Santander: MG and WU are a no go
  • TD Ameritrade: doesn't take MO period. Not by app, mail, or in person.
  • TIAA-Direct (3 checks per business day, $10K per day) No longer viable after calls by Candy in Sep 2014.
  • Vanguard - No MO's accepted at all

Allowed Via ATM:
  • BoA - may be deposited at ATM (Ref)
    (Ref)
  • Bank of Oklahoma (BOK)
  • Cambridge Savings Bank (Boston MA area) - accepts MoneyGram at ATM, haven't tested others yet, fund post in 1-2 business days, automatic detection doesn't usually work (have to edit the check amounts) (ref)
  • Capital One Bank/360 - automatic amount detection for Western Union, posts within 1-3 days; Auto detects MoneyGram if the ink is dark enough, available next 1-3 days (Mar 17 Ref); USPS accepted, but not auto detected, available 1-3 days (Mar 17 Ref).
  • Chase - about four days to clear (Ref) (Ref). Cleared next day.
  • Citi
    Haven't been able to successfully deposit Western Union but MoneyGram usually works. No longer works, have to deposit with teller.
  • 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
  • Huntington
  • 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
  • M&T Bank -- can deposit MoneyGram, but you have to enter the amount manually.
  • 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
  • Santander - ATM accepts MoneyGram, often need to edit the amount. Reports of locked funds, YMMV. (ref)
  • TD Bank
  • USAA
  • US Bank, can deposit MoneyGram, but you have to enter the amount manually.
  • Webster Bank - accepts MoneyGram, need to enter amount manually, funds available next day (Ref), same with USPS Money Orders (Ref) and Western Union
  • Wells Fargo accepts MoneyGram
  • going over even just a few thousand a month.
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Old Jan 12, 17, 10:15 pm
  #31  
 
Join Date: Sep 2015
Location: Los Angeles
Posts: 734
I plan on opening a DCU account to do about 4-5k in monthly MO deposits via mobile banking.
Is there anything I should be concerned about?
JCD
Java Cool Dude is offline  
Old Jan 13, 17, 12:29 am
  #32  
Suspended
 
Join Date: Dec 2013
Posts: 632
Originally Posted by Java Cool Dude View Post
I plan on opening a DCU account to do about 4-5k in monthly MO deposits via mobile banking.
Is there anything I should be concerned about?
JCD
they seem pretty open. if you want a credit card they verify income through tax returns or w-2's.
flyertalker9867674 is offline  
Old Jan 13, 17, 7:28 am
  #33  
 
Join Date: Oct 2011
Posts: 4,163
DCU worries me since you have to write "for DCU electronic deposit" so if it doesn't work you're screwed.
Superorb is offline  
Old Jan 13, 17, 8:10 am
  #34  
 
Join Date: Sep 2015
Location: Los Angeles
Posts: 734
Originally Posted by Superorb View Post
DCU worries me since you have to write "for DCU electronic deposit" so if it doesn't work you're screwed.
Use a pencil
Java Cool Dude is offline  
Old Jan 13, 17, 8:12 am
  #35  
 
Join Date: Sep 2015
Location: Los Angeles
Posts: 734
Alright, I am about to open an online DCU account with the sole purpose of depositing MoneyGram MOs via the mobile app. Speak now or forever hold your peace
Java Cool Dude is offline  
Old Jan 13, 17, 8:29 am
  #36  
 
Join Date: Oct 2011
Posts: 4,163
Originally Posted by Java Cool Dude View Post
Use a pencil
Drrrr. Sometimes I'm so clueless... :facepalm:
Superorb is offline  
Old Jan 13, 17, 3:33 pm
  #37  
 
Join Date: Jan 2017
Posts: 155
Data Point:

RBFCU - Mobile app deposited $498.80 USPS money order, first mobile deposit of any kind made on account open for 6 months+, was initially accepted but on hold, received an email within 5 minutes notifying me that it was cleared and available.
shipitkthx is offline  
Old Jan 13, 17, 3:42 pm
  #38  
 
Join Date: Sep 2015
Location: Los Angeles
Posts: 734
I have 5 banking accounts so far:
BoA where I deposit MOs via ATM.
Well's Fargo, ATM only.
Citi Bank, teller.
Logix, still haven't received my documents.
DCU, same as Logix.
Java Cool Dude is offline  
Old Jan 13, 17, 5:55 pm
  #39  
 
Join Date: Jul 2016
Location: LAX
Posts: 40
Citi must have changed something since July... I used mobile deposit for a one-off MG MO of $499.01. IIRC just have to keep the stub attached.
dmac1418 is offline  
Old Jan 13, 17, 9:30 pm
  #40  
 
Join Date: May 2015
Programs: All the programs!
Posts: 965
Originally Posted by dmac1418 View Post
Citi must have changed something since July... I used mobile deposit for a one-off MG MO of $499.01. IIRC just have to keep the stub attached.
Maybe it has to do with how dark the printing is like some other banks.
Good to know it worked for you.
oopl is offline  
Old Jan 16, 17, 9:45 pm
  #41  
 
Join Date: Mar 2013
Posts: 5
Does Wells Fargo still work from the app? This link seems to indicate it would:

https://www.wellsfargo.com/mobile/ap...deposit/terms/
Joesh is offline  
Old Jan 16, 17, 10:19 pm
  #42  
 
Join Date: Sep 2015
Location: Los Angeles
Posts: 734
Originally Posted by Joesh View Post
Does Wells Fargo still work from the app? This link seems to indicate it would:

https://www.wellsfargo.com/mobile/ap...deposit/terms/
Not with MG MOs, amount entered doesn't match amount on check error message.
Java Cool Dude is offline  
Old Jan 21, 17, 11:12 am
  #43  
kd_
 
Join Date: Jan 2015
Posts: 32
Any DPs on mobile-depositing Postal MOs to First Tennessee? I swear I got one through a few months ago, but now I just get the dreaded "Please enter the correct check amount." after 20+ tries and different backgrounds.
kd_ is offline  
Old Jan 21, 17, 11:49 am
  #44  
 
Join Date: Sep 2015
Location: Los Angeles
Posts: 734
Logix Bank in Burbank can't read MG MO amount correctly, it even states that on their FAQ. I had to deposit mine directly at the bank headquarters which happen to be down the street from where I work.
Java Cool Dude is offline  
Old Jan 23, 17, 8:43 am
  #45  
 
Join Date: Dec 2009
Posts: 70
Banks with high limits

Currently I have a 5/3 and they have no issue with MO deposit from mobile app...I am a little limited per month. Can anyone suggest another bank that has a mobile app for MO deposit with 5k-15k limits per month? I live in Atlanta GA, anything local? Thank for you help, the data at the top of the thread seems to be a little bit dated.

Thanks!
beweiss6 is offline  

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