WSFS Bank, known for its commitment to customer service, offers a range of convenient banking services to meet the diverse needs of its customers. One of the most common questions asked by WSFS Bank customers is whether they can make deposits at WSFS ATMs. In this expert article, we will explore the deposit options available at WSFS Bank ATMs and provide accurate information to help you understand the process.
Understanding WSFS ATM Deposit Options
WSFS Bank offers its customers the convenience of depositing funds at ATMs. Here are some important points to keep in mind:
Cash Deposits
WSFS ATMs allow customers to deposit cash directly into their accounts. Simply follow the on-screen instructions, insert the cash into the designated slot, and the ATM will count and process the deposit.
Check Deposits
WSFS Bank also allows customers to deposit checks at ATMs. To deposit a check, endorse the check by signing the back of the check and following the instructions on the ATM screen. Place the endorsed check in the slot provided and the ATM will scan and process the deposit.
Deposit Deadlines
It is important to be aware of deposit cut-off times at WSFS ATMs. Deposits made before the cut-off time are generally considered same-day deposits, while deposits made after the cut-off time may be processed the next business day. It is advisable to check with WSFS Bank for the latest information on deposit cut-off times.
Availability of Funds
After making a deposit at a WSFS ATM, it is important to understand that a hold may be placed on the deposited funds. This is standard procedure to ensure that the check or cash is legitimate and to prevent fraud. WSFS Bank has policies and guidelines regarding the availability of funds that may vary based on factors such as the type of deposit and the customer’s account history. It is recommended that you review WSFS Bank’s policies or consult with a representative for specific information regarding funds availability.
Guide: Deposit at a WSFS ATM
- Prepare your deposit:
Gather the cash or certified checks you wish to deposit.
Make sure the checks are properly endorsed with your signature on the back. - Locate a WSFS ATM:
Use the WSFS Bank website or mobile app to locate the nearest WSFS ATM.
Consider factors such as accessibility and hours of operation when choosing an ATM location. - Approach the ATM:
Insert your WSFS Bank debit card into the ATM’s card slot.
Follow the on-screen instructions to complete the deposit. - Select the type of deposit:
Select the deposit option on the ATM screen (for example, “Deposit Cash” or “Deposit Check”).
If depositing checks, select the option to deposit checks. - Deposit cash:
When depositing cash, insert the bills into the designated cash slot.
Be sure to insert the bills one at a time and follow any special instructions on the screen. - Depositing Checks:
When depositing checks, carefully insert each certified check into the designated check deposit slot.
Make sure the checks are properly oriented and fully inserted into the slot. - Confirm and complete the deposit:
Review the deposit information displayed on the screen.
If everything is correct, confirm the deposit to proceed.
Wait for the ATM to process and verify your deposit. - Receive receipt and card:
When the transaction is complete, the ATM will provide you with a receipt.
Keep the receipt for your records.
Remember to retrieve your WSFS Bank debit card from the ATM. - Availability of funds:
Note that there may be a hold placed on deposited funds.
Refer to WSFS Bank’s policy or contact a representative for information regarding funds availability. - Additional options:
If needed, explore alternative deposit methods such as in-branch deposits or mobile banking for added convenience.
Remember to retain your deposit receipts until the transactions are reflected in your account and to verify that the deposited funds have been credited correctly.
For specific details or questions, please visit the FAQ section on the WSFS Bank website or contact WSFS Bank Customer Service for assistance.
Alternative Deposit Methods
In addition to ATMs, WSFS Bank offers several alternative deposit methods to provide customers with flexibility and convenience. These options include
In-branch Deposits
Customers can visit a WSFS Bank branch during business hours to make deposits in person. This allows for face-to-face interaction with bank representatives who can assist with any questions or concerns regarding the deposit process.
Mobile Banking
WSFS Bank’s mobile banking app allows customers to deposit checks remotely using their smartphone. This feature, known as mobile check deposit, allows customers to capture an image of the check and submit it electronically for processing. Mobile banking provides added convenience by eliminating the need to visit a branch or ATM to make deposits.
Bottom Line
WSFS Bank understands the importance of providing customers with convenient deposit options. While WSFS ATMs offer the ability to deposit cash and checks, it is critical to be aware of deposit cutoff times and funds availability policies. In addition, alternative methods such as in-branch deposits and mobile banking offer customers additional deposit flexibility. For the most accurate and up-to-date information regarding deposit options at WSFS Bank, it is recommended that customers visit the FAQ section on the WSFS Bank website or contact a representative for personal assistance.
FAQ
Can you deposit at WSFS ATM?
Yes, you can deposit cash and checks at WSFS ATMs. Simply follow the on-screen instructions, insert the cash or certified check into the designated slot, and the ATM will process your deposit. Be aware of deposit cut-off times and funds availability policies. For more information, visit the FAQ section of the WSFS Bank website or contact a representative.
Can you deposit cash into an ATM?
You can deposit cash at many ATMs, but not all of them. There’s no hard-and-fast rule regarding ATM cash deposits—it’s at the discretion of the bank or credit union. But many institutions allow cash deposits at a branch or in-network ATMs. You may know that most banks have ATM withdrawal limits.
How do I deposit money into my savings account at an ATM?
Tell the ATM which account you want to deposit your cash or checks into. If you have multiple checking and/or savings accounts, the ATM will ask where you would like your cash to go. 5. If the ATM doesn’t require an envelope, stack your bills and/or checks together and insert them.
Where can I deposit cash into my account?
If you need to deposit cash into your bank account, you have several options, including your local bank branch or an ATM that accepts deposits. While it isn’t possible to make deposits directly to most online banks, there are often workarounds, like using a money order or an in-network ATM.
Can you deposit checks on WSFS app?
Deposit checks anytime, anywhere! All you need is a signature, your phone’s camera and the WSFS Mobile App. Use WSFS Mobile Cash within the mobile app to get cash quickly at any WSFS banking office ATM.
How much cash can I deposit in ATM?
In most cases, there is no cap on the dollar amount you can deposit through an ATM. However, there may be a maximum number of items you can deposit.
How do you deposit money if you are not near your bank?
How to Deposit Cash to Your Bank When Out of Town
- Shared Branch & CO-OP Network. Members of credit unions can experience a variety of benefits, like being part of the shared branch and Co-Op network.
- Money Order.
- Zelle.
- Never Mail Cash.
Can we deposit cash in any branch?
And the banking facilities available to customers at branches other than the home branch are called non-home branches. If any cash transaction, such as deposit or withdrawal, is done at a non-home branch, a fee is levied. This fee varies across banks.
Can you deposit money straight into a savings account?
Yes. You can make one off payments or set up regular direct deposits into a savings account. This can be organised easily through online banking or by making deposits in a branch.