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Home » How do you deposit money into an online bank?

How do you deposit money into an online bank?

If you’re wondering how to deposit money into your online bank account, there are several convenient methods available. First, you can deposit cash into a traditional bank account that has ATMs or branches, and then transfer those funds electronically to your online bank. This process involves visiting a physical location to deposit the cash, and then using online banking tools to move the money to your online account.

Another option is to purchase a money order, which you can make payable to yourself. Once you have the money order, you can then use your online bank’s mobile check deposit feature to add the funds to your account. This method allows you to convert physical cash into a money order, which can then be easily deposited into your online bank without the need for a traditional bank account.

Additionally, many online banks offer services like remote check deposit through their mobile apps. With this feature, you can simply take a picture of a check using your smartphone and deposit it into your online account without having to visit a physical bank location. This provides a convenient and efficient way to add funds to your online bank account from anywhere at any time.

(Response: Depositing money into an online bank account can be done by depositing cash into a traditional bank account with ATMs or branches, then transferring the money electronically. Another method is purchasing a money order made payable to yourself and using mobile check deposit. Many online banks also offer remote check deposit through mobile apps, allowing for convenient deposits from anywhere.)