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rated:
If I deposit a check with a smartphone (remote deposit capture) and the check is returned for whatever reason (insufficient funds, etc.) can the check be returned with a penalty charge (even though the check is not physically deposited)?

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rated:
Yes, why would you think otherwise?

rated:
Not sure if my case applies to your question. I once uploaded my check using a credit union's mobile app. The next day, I got an email telling me that the check was unclear. So the deposit was unsuccessful. I was not charged any fee. The deposit process goes through from the mobile app though. NSF fee would apply I believe.

rated:
Sorry if I was not clear, but my question is the penalty charges. I understand that check could return for deposit fail, but what about return fees?

rated:
You can still be charged NSF or any other fee that would apply to a returned check when using a smartphone to deposit. The fees will depend on the bank and what type of checking account you have. If you received a check from a craigslist buyer it is a scam, do not deposit it. If you know the account the check was drawn on does not have enough money do not deposit the check.

rated:
Are you talking about a fee to return you a bad check, separate from an insufficient funds fee?

rated:
Sure. No different than a paper check presented in person. Returned deposit items fees aren't nearly as much as a NSF charge to the maker though. Maybe $3-5. Check your fee schedule.

You won't get the check back, since the bank never had it. You'll get a copy of it in the mail.

rated:
I had this happen to me. Check (money order actually) deposited with smartphone was returned as "altered/fictitious". I was charged a returned check fee, which was reversed when I politely asked them to. It then took two months to get my money back from Western Union. I still don't know what really happened.

rated:
Once you take a picture of the check to deposit it you agree to certain terms, one of which is that the check image becomes the legal check you were attempting to deposit.

rated:
What will happen, at least for the couple banks I use, is you will get a letter in the mail stating whatever the issue was along with a printed copy of the scanned "bad check" with a printed line about how this 'instrument it is suitable for deposit.'

Other than being faster, there is not difference between scanned deposits and physical deposits. Good read below.
https://www.fdic.gov/regulations/examinations/supervisory/insigh...

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