How to Use a Bank Deposit Slip in the Electronic Age?

Answer 1

In this day and age of direct deposit, you may go so long without having to fill out a bank deposit slip that you forget how it is done. If you receive a check in the mail and need to deposit it to your checking or savings account, it is a very simple procedure if you follow these instructions.

Locating a Bank Deposit Slip

After the last check in your checkbook, there should be several blank deposit slips with the information you need already on them. In the lower left-hand corner, you should see a routing number that is unique to your bank and then your personal checking account number. The upper left-hand corner contains your personal information, such as your name, address and telephone number.

If you do not see a deposit slip, or if you have run out of them, there should be plenty of generic slips available at your bank. When you use one of them, you will need to fill in the account number that you wish to deposit the money to as well as your name and address. Savings accounts do not typically come with pre-printed deposit slips, although you may use one that you find at your bank for any type of account.

Filling out a Deposit Slip

On the right hand side of the deposit slip, you will notice where it says "cash" and "check". If your deposit includes any cash, write the total here. If you are depositing more than one check, you must list each check individually and then provide a total. There is room on the reverse side if you need to list more than three checks. You should then add up the total and write it on the front side of the deposit slip.

Making Your Deposit

You must endorse each check that is written out to you by providing your signature on the back of it. If you wish to receive cash back from your deposit, that amount should be entered in the field that states "less cash received" and subtracted from the total amount of your deposit. After you have made your deposit, the teller will give you a receipt which summarizes it.