Developments in US Mobile banking system is still below the users expectations, however we have just gone through a news that reports that a private bank USAA will soon launch its updated information which carries a check depositing feature. Iphone owners who have USAA account can capture images of a check and deliver them securely to the bank’s servers. The bank will then process the check and deposit the funds in the customer’s account. There will be no need to go to a branch to follow up or even mail the check to the bank for verification — snap a few pics and you’re done. There is however a limit for use “ only those users who are eligible for credit and have some type of insurance through USAA.”
About 60 % of the bank’s customers will meet these requirements and therefore be able to use this great new feature when it becomes available
