Can you make an atm deposit at another bank

ATMs, or automated teller machines, are located practically everywhere. You can find them at your favorite grocery store, the local bar and in the lobbies of many major hotels. ATMs provide banking customers with easy access to their cash when they are unable to go to a bank or bank with a financial institution that doesn't have physical locations. But, what if you need to make a deposit? Unfortunately, you're more restricted when making a deposit at an ATM versus making a withdrawal.

Table of Contents Show

How to Make a Deposit at the ATM
Do ATMs Charge Fees?
The Bottom Line
WalletHub, Financial Company
Natasha Preston, Member
Sharon Moller, Member
Can you deposit cash at any ATM for a different bank?
Can I deposit money into my account from a different bank?

One of the primary functions of an ATM is to help give customers another point of access to their banking resources. While you can withdraw cash from almost any ATM, making deposits is a different process altogether.

The factor that decides whether you can make a deposit at a certain ATM is whether it's in the network associated with your bank. In the United States, large financial institutions—including Chase, Bank of America and Citi—operate major ATM networks with machines that number in the tens of thousands. Customers are given guidance on what networks they can transact with in the fine print of the ATM agreements they receive when their debit card is issued.

You may not be allowed to make deposits using an out-of-network ATM, and you may be charged fees by both your bank and the ATM operator when you perform services at an out-of-network ATM.

How to Make a Deposit at the ATM

Making a deposit at an ATM is a fairly straightforward process. Before you make your deposit it's important to make sure that the ATM is located in a safe place. Is it well-illuminated? Do you need to use your card to access a machine located inside a building?

Have your PIN memorized and ready. When making deposits at the ATM, your PIN number helps to protect you from fraudulent activity or access to your account.

Check the deposit network on the ATM. Regardless of where you are in the world, the ATM that you're at will be associated with a deposit network. If you're going to a major bank, then the deposit network would be associated with that bank.

Make sure you have your debit card and cash ready prior to starting your transaction. If you're depositing cash, make sure not to flash it around. If you're also depositing checks, endorse the back of your check correctly. Depending on your bank's procedures, you will either simply sign your name or also include "For deposit only."

Once you've finalized your transaction, always request an emailed or printed receipt. This documentation may be needed if there's an issue with your deposit.

Confirm the deposited amount before you leave the machine. If the deposited amount isn't reflected properly in your account, deal with it immediately. Fortunately, every transaction has a unique number and it's fairly simple for banking institutions to find your transaction and remedy errors.

Do ATMs Charge Fees?

It's important to note that some ATMs charge you to access your account. It's important to review terms of service for your credit or debit card associated with the account that you would like to access.

In the event that you're able to make a cash deposit at an out-of-network ATM, you may also end up paying a fee to complete that transaction. Financial institutions do communicate this with their clientele, but it's important for customers to read the fine print on their account.

For banking customers making numerous ATM deposits, it's important to understand the fees that may result for each transaction.

The Bottom Line

Despite increasing access to digital deposit tools including taking photos of checks and uploading the image in order to deposit from anywhere, ATMs aren't going anywhere. Knowing how to use them as well as the potential costs associated with them is key to keeping more money in your wallet.

If you're not sure about what network your bank or credit union uses, you can check online to see where in-network machines are located throughout your town and any other communities where you do banking. Fortunately, you can typically find this information on your bank or credit union's website or app.

Even another banks ATM?

This question is about Checking Accounts

WalletHub, Financial Company

@WalletHub • 08/30/18 This answer was first published on 05/06/16 and it was last updated on 08/30/18.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

No, you can’t deposit cash at just any ATM. Not all ATMs are set up to accept deposits. And many banks and credit unions simply won’t let you deposit cash into your account using an ATM they don’t own or have a partnership with. Big nationwide banks are especially unlikely to allow the practice because they have enough of their own ATMs that it’s not worth the hassle. But that’s obviously not the case for many financial institutions. 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. Your bank or credit union won’t be responsible for such deposits if something goes wrong, either. You’ll have to contact the ATM owner.

Although each bank and credit union has its own policy regarding whether you can deposit cash at any ATM, you can get a good idea of what to expect by considering how some of the biggest players handle the issue. They account for a significant share of the deposit account market, after all.

These banks and credit unions let you deposit cash at any ATM:

Capital One: You can deposit money at any ATM that’s part of the AllPoint network, over 39,000 ATMs total. For some accounts, you can get reimbursed for up to $15 in ATM fees from other banks per billing period, and this will happen within 5 business days.
Navy Federal Credit Union: NFCU says you can make deposits at 9,000 CO-OP Network ATMs. But your deposit will be held for 5 business days before it’s available. And you can’t deposit more than $10,000 per day at CO-OP ATMs. There are no fees from NFCU or CO-OP. You’re allowed to use Visa/PLUS System and CashPoints ATMs, too, but not for deposits.
PNC: You can deposit money at non-PNC ATMs, but your funds won't be available until 4 business days later. You might also be charged a fee by the ATM owner, but PNC reimburses some fees for their “Virtual Wallet” customers.
State Employees Credit Union: You can make deposits at any CashPoints ATM. And you won’t be charged fees by CashPoints or SECU.
TD Bank: Deposits are allowed at any ATM in the Cirrus or PLUS networks. Only the first $100 deposited will be available immediately, while the rest may take up to 5 business days. You may also have to pay a fee depending on the ATM.

These banks and credit unions don’t let you deposit cash at any ATM:

Bank of America: Deposits can only be made at Bank of America-branded ATMs. Withdrawals, transfers and balance inquiries can be made from other ATMs, though a $2.50 fee from BofA will apply, likely in addition to an ATM-owner surcharge.
Chase: You can only deposit cash and checks at Chase ATMs. Withdrawals, transfers and balance inquiries can be done at any ATM. Chase’s Total Checking and College Checking accounts charge a $2.50 fee for each out-of-network ATM transaction. Chase does not charge such a fee for the Premier Plus Checking account, but a fee from the ATM owner could still apply.
Citibank: You can only deposit cash and checks at Citibank ATMs. You can use non-Citibank ATMs in the MoneyPass network to get cash, check balances or make transfers. Neither Citi nor MoneyPass will charge you a fee.
Pentagon Federal Credit Union: PenFed only allows deposits at their own ATMs (or by taking a picture of a check with their mobile app). You can perform other functions like withdrawals at AllPoint or CO-OP ATMs with no fees. You can also withdraw from other types of ATMs but may be subject to a fee by the owner.
U.S. Bank: U.S. Bank says you “generally” can’t make deposits at ATMs that lack the U.S. Bank logo. And if such a deposit is accepted, funds won’t be available until the fifth business day after the request. As usual, withdrawals, transfers and balance checks can be done at other ATMs. Some U.S. Bank checking accounts charge $2.50 per such transaction.
Wells Fargo: You can only deposit funds into a Wells Fargo checking account at a Wells Fargo ATM. Withdrawals, transfers and balance inquiries work at other ATMs. But a $2.50 fee from Wells Fargo will apply, along with any applicable ATM-owner surcharge.

If you’re unsure about which ATMs you can use to make a deposit and what fees you may be charged, the best approach is to call your bank or credit union and consult your account agreement. This will generally be posted online.

Natasha Preston, Member

@natasha_preston • 03/26/18 This answer was first published on 03/26/18. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

No, you can only deposit cash at specific ATM's that are especially set up to accept deposits. Also, the ATM you use must be owned by or in partnership with your bank or credit union. In order to make sure you use the right ATM, I suggest checking with your bank via phone or online. They’ll tell you where the closest ATM that takes deposits is.

Sharon Moller, Member

@smoller • 03/07/18 This answer was first published on 03/07/18. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

No, you can't. Only some of them have the "Deposit" function, and the ones that do are usually linked to specific banks.

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Can you deposit cash at any ATM for a different bank?

You can deposit cash at many ATMs, but not all of them. There's no universal rule on ATM cash deposits—it's at the discretion of the bank or credit union. But many financial institutions allow cash deposits at ATMs within their networks. You may know that most banks have ATM withdrawal limits.

Can I deposit money into my account from a different bank?

If you belong to a regional or national bank, you can make a deposit at any branch. If you are part of a credit union, you can make a deposit at your home credit union or another branch if your credit union is part of a larger network.