Learn about the Bank of First Deposit (BOFD) and its role in check processing. Discover key differences between "on-us" and "transit" items and how they affect your transactions.

Depositing a check used to mean driving to a branch and waiting in line. With an online bank, it usually means taking two photos and tapping a button. The process is simple, but there are a few ...

When a five- or six-figure check hits your account, it can feel like instant money. In reality, a quiet chain of bank rules, federal regulations, and fraud checks kicks in before you can safely spend ...

When a big check hits your account, it can feel like instant breathing room, but the banking system does not move at the speed of your mobile app. Behind that "pending" status is a tightly regulated ...