Bofa Deposit Atm Near Me (2024)

FAQs

Can I make a Bank of America deposit at any ATM? ›

Yes, you can use another banks ATM to deposit money into your Bank of America account. However, please note that some banks may charge fees for using their ATMs if you are not a customer of that bank. It is advisable to check with your own bank for any applicable fees before making the transaction.

Deposits made to a Bank of America account are not available for immediate withdrawal. Unless a hold is placed, deposits on a business day before cutoff time will be processed that night and are generally available the next business day.

Bank of America does not have a specific limit on the value of checks that can be deposited through their ATMs. However, there may be limits on the total amount that can be deposited in a single day or per transaction. These limits can vary based on the account type and other factors.

If you're wondering if you can deposit cash at an ATM, the answer is yes, you can, but not all ATMs accept cash. The details, including fees, vary depending on your bank, and if you use a bank that operates only online, you may not be able to deposit any cash at all.

Bank of America, Wells Fargo, and Chase have each adopted such restrictions on cash deposits in an attempt to curb attempts at fraud and money laundering. This Bankrate article highlights alternative ways to deposit money into someone else's account.

You'll need to provide the recipient's name and bank account number. However, whether or not you're able to deposit cash into another person's account will depend on the bank. Some large banks — including JPMorgan Chase, Bank of America, and Wells Fargo — have banned cash deposits from non-customers.

Depositing checks through an ATM is generally safe. Mistakes do happen, but they're rare. The good news is that as the technology improves, in the words of Paul McCartney, it's getting better all the time. We'll explain the process, what can go wrong and what to do if it does.

It's rather rare for an out-of-network ATM to accept your cash deposits. If you find an ATM that allows out-of-network deposits keep in mind that your bank may charge you a fee on top of the ATM operator's fee. The processing time may take longer too, according to Purnell.

The role of business days and holidays

If you deposit cash, that money goes directly to your account and will be ready for you to use immediately. But for checks and other items that might need verification (to protect you and the bank), the money usually won't be available until the next business day.

How long does an ATM deposit take? ›

Generally, deposits made at an ATM are held for 2 business days unless an exception hold applies. Up to the first $225 will be available on the first business day following the banking day of deposit ("next-day availability). This answer has been viewed 7887 times.

Making the deposit itself is probably faster at the ATM. But having the money available in your account might be faster if you deposit it with a teller, especially if it's a large amount. Even if your bank typically makes funds available the day after a deposit is made, they'll often make exceptions for large deposits.

Enter Your PIN:Enter your Personal Identification Number (PIN) when prompted. Select "Deposit" Option:Most Bank of America ATMs will have a menu that allows you to select different transaction types. Choose the "Deposit" option.

Unlike visiting a bank branch, you can deposit a check into any ATM at any time, as long as the ATM accepts checks. Just like when visiting your branch though, you may still have to wait around two business days before having access to all the funds depending on the amount of the check.

Bank of America Corporation affiliates include all entities that utilize the Bank of America, Banc of America, Bank of America Private Bank, U.S. Trust, Merrill and BofA Securities brand names.