Can we deposit money any other bank deposit machine?

Can we deposit money any other bank deposit machine?

If you have an account in bank ‘A’, you cannot deposit cash in another bank’s CDM. You can do that only in the CDM of bank ‘A’. Though there could be one or two branches of other banks, customers will not be able to deposit cash in the CDMs of those banks.

Can you deposit cash at an ATM that’s not your bank?

No, you can’t deposit cash at just any ATM. So some people may be able to deposit cash at any ATM. If that describes you, note that cash deposits at an ATM not affiliated with your bank or credit union will take longer than usual to process: up to 5 business days, rather than immediately or the next business day.

Can I deposit money in any branch?

And the banking facilities available to customers at branches other than the home branch are called non-home branches. If any cash transaction, such as deposit or withdrawal, is done at a non-home branch, a fee is levied. This fee varies across banks.

Can we deposit money in any bank account?

New Delhi: It is welcome news that customers of one bank will soon be able to deposit cash at another bank branch or automated teller machines (ATMs) as the National Payment Corporation of India (NPCI) has sent a proposal in this regard to all the major banks of the country.

How do I deposit money into a different bank?

Five alternatives to cash deposits

1. Make an electronic transfer. You can easily transfer money into a friend’s or relative’s account through a service such as Venmo, PayPal or Square Cash.
2. Write a check.
3. Send a money order.
4. Add an additional owner to your account.
5. See what other banks offer.

Can we deposit money from any branch?

Money can be deposited to your account from any branch of any Bank including SBI. I have created my bank account in a city but due to job requirements, have to shift in different city and from then on, I have been enjoying all the banking facilities in another city with the same bank account.

Can I deposit money other than home branch?

So, basically, a home branch is a branch where the customer’s account is maintained. And the banking facilities available to customers at branches other than the home branch are called non-home branches. If any cash transaction, such as deposit or withdrawal, is done at a non-home branch, a fee is levied.

Can you pay cash into any bank?

Many banks in the UK allow you to pay in cash and cheques at Post Office branches for free. As they’ll need to send the cheque to your bank, it could take a little longer for it to be paid into your account.

Can we deposit check in any branch?

Banker’s cheques are issued only for the clearing area of the respective bank. It can be cleared in any branch of the same bank and city as it comes under the local jurisdiction. The validity of a banker’s cheque is 3 months from the date of issue.

How much cash can be deposited in non home branch?

Rs 2 lakh per day is the maximum limit for the deposit of cash at the SBI non-home branch. Non-home branches do not issue duplicate fixed deposit receipts in case you have an account with the SBI. Loan discharge through cash repayment or transfer of account is not permissible from a non-home branch.

Can We deposit cash in our bank account through Cash Deposit Machine?

It is a deposit module and if implemented you can credit the account of the same bank but any of its branch but not any bank other bank. No, only for different branch of same bank and not for different bank. Originally Answered: Can we deposit cash in our bank account through any bank’s cash deposit machine?

Can you deposit money from ATM to another bank account?

Unfortunately, most banks won’t allow you to use their ATM networks to deposit cash into another bank’s account. But you can still get your money into your account no matter how far away you live from your bank (in most situations). Money orders do cost money but you can usually buy them for less than $2 for amounts up to $1000.

What can you deposit in the ATM machine?

You can deposit bills and coins. The slot for inserting coins is so big that even various “piggy banks” can be deposited at once. The machine only accepts cash in the currency Euro. The amount of free deposits is unlimited. Already on the next day, you can see you cash deposit in the online banking system.

Can I deposit cash in a bank that is far away?

But there is a solution most people can fall back on. When you need to deposit cash in a bank that’s far away, you must turn to some creative solutions. Unfortunately, most banks won’t allow you to use their ATM networks to deposit cash into another bank’s account.