What is Mobile Deposit for Business?
Mobile Deposit for Business from Select Bank and Trust lets you deposit checks directly from a mobile device or smartphone, no matter where you are. That versatility improves your cash flow, and saves money and fuel getting to and from a bank. It also lets you and your employees stay focused on your business, whenever and wherever it happens.
How does it work?
Mobile Deposit for Business uses your mobile device or smartphone as a check scanner for your accounts. This allows you to remotely scan and deposit paper checks wherever you are.
Why is it a better way to deposit checks?
Mobile Deposit for Business lets your business:
- Deposit checks quickly and easily from anywhere
- Improve cash flow because you can receive funds faster by not having the wait to make it to the branch to deposit
- Save time by conveniently depositing checks from anywhere, rather than making time-consuming trips to the bank
- Protect your check deposits by securely processing them
Is it secure?
Absolutely. With Mobile Deposit for Business, checks can be deposited immediately, so there are no worries about losing or misplacing them. You also won’t have to worry about you or your employees trying to make it to the bank in a timely manner — they can bank from wherever simply by using a mobile device or smartphone.
How do I get started?
Contact your local branch or email us at TreasuryServices@SelectBank.com
*Fees may apply. Subject to Approval. Deposits made via Business Mobile Deposit are subject to the Bank's Funds Availability Policy.