Using the iPhone to deposit checks
In a development more towards a 100% connected and dependent on digital technology, the company USAA (banking firm that provides services primarily to members of the U.S. armed forces) has announced the availability of a new version of its existing application for the iPhone that will allow the DEPOSIT or consignment checks.
The procedure is to take a picture to check with your camera phone and send it to the bank where it is processed as if it had submitted the document. Best of all is there is no need to physically send the check later.
In principle, the service is only available for select customers (those with verified credit capacity and / or have some type of insurance through USAA).
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