<p>Strange question, but can I deposit money at a ATM that is not my bank?</p>
<p>TIA</p>
<p>Usually that isn’t allowed, unless there is some special agreement between the institutions.</p>
<p>Thanks. I just moved but I haven’t changed my bank accounts yet. I’ll try to figure something else out.</p>
<p>You can’t make a deposit at a different bank. I am not aware of any bank having an arrangement with another bank - it involves wire stransfer, cost of keeping track of the money (even anti money laundry) - there is no upside for one institution to take your money then transfer it to your bank.</p>
<p>Usually the easiest way to make a deposit to an out-of-town bank is by mail. Or use the check to open a new and more convenient account.</p>
<p>(I was fascinated yesterday when I went to Bank of America to deposit a check. New ATM machine scanned the check, read the amount, asked me to verify the amount, and made the deposit. Very cool. No envelope or deposit slip needed.)</p>
<p>Your best bet is to use the deposit to open an account without worrying about transferring or changing anything yet. Go on in to the bank you are interested in and let them tell you what you can do, or tell them you are looking at several banks and let them tell you their best deal. Banks want depositors now. .</p>
<p><a href=“I%20was%20fascinated%20yesterday%20when%20I%20went%20to%20Bank%20of%20America%20to%20deposit%20a%20check.%20New%20ATM%20machine%20scanned%20the%20check,%20read%20the%20amount,%20asked%20me%20to%20verify%20the%20amount,%20and%20made%20the%20deposit.%20Very%20cool.%20No%20envelope%20or%20deposit%20slip%20needed.”>quote</a>
[/quote]
The coolest thing I’ve seen in banking is “Deposit At Home” through my USAA checking account. I scan my own checks on my own scanner, at home, and they are immediately deposited into my checking account! Then I just void the check and shred it. Greatest thing since sliced bread (especially since USAA is an internet-only bank and the only other way to deposit checks is by mail).</p>
<p>Wow, that’s very cool with USAA. I work for a bank and we don’t have that. Making a deposit is the only reason I go to a branch now. If I could make a deposit without leaving my desk, it could open up so man possibilities.</p>
<p>Thanks, I need to open a new account. The checks today were in my and my H’s name so I couldn’t open an account today but we are going to try and do that tomorrow. It’s a pain because almost everything is done electronically and I only go to a branch every couple of months or so, when we get a paper check.</p>
<p>I hate opening a new account as I have to change all of our electronic deposits and payments. We bought a new home and they are taking our mortgage out of the old account. I don’t even remember authorizing electronic payments as I would have opted out of that as I knew where we were moving they don’t have a branch of the bank I am currently at.</p>
<p>You really do not have to change everything. Just be sure you have enough direct deposits into your old account to cover the mortgage. You can use the new account for local ATM withdrawals.
We do something similar. We only direct deposit a small amount from H’s paycheck to cover ATM cash withdrawals at the local bank on the corner. The rest of the pay goes direct deposit to our credit union which we use for online bill pay and auto withdrawal for the mortgage.</p>
<p>you can probably change the mortgage checking account on line. Lots of mortgage processors have a pin and on line access for payments etc.</p>
<p>deb922, a heads up. We moved from NJ to NC 6 months ago. We opened new bank accounts at BofA. I opened the account with a large personal check knowing that the funds only take a couple of days to move from bank to bank. But they put something like a 2 week hold on most of the check because it was a new account! I had to go back in to the bank a few days later and have a lengthy chat with the branch manager (who called my branch manager in NJ) in order to get access to my own money! We had to pay our movers with a cashiers check and needed cash to pay painters and other workers. Had I known I would simply have wired money from NJ to NC.</p>
<p>I was going to mention the USAA thing too! They sure do “know what it means to serve”!</p>
<p>You don’t have to close an old account. Go on-line and move money between accounts as often as you need to until you have comfortably made the change. I do a lot of money movement between accounts to take advantage of the best interest rates. DD moves money between the bank at home and the one at school. I deposit here, she moves to there. There wasn’t a branch of either in the other place. On-line movement only takes a few days.</p>