How to Deposit Cash at an Online Bank

Reported about 1 year ago

When switching from a traditional bank to an online bank, there can be a learning curve as online banks lack physical locations to deal with physical money, affecting transactions like depositing cash. Options for cash deposits may include using in-network ATMs, visiting retail partners, transferring from linked accounts, or sending wire transfers, with considerations on deposit limits, access time to funds, and fees. Various online banks offer different methods, such as ATM networks, retail partner deposits, and linked account transfers. Each method has its pros and cons, including access time to funds and potential fees involved, so it's essential to choose one that suits your needs.

Source: YAHOO

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