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  2. The FDIC change that leaves wealthy bank depositors ... - AOL

    www.aol.com/finance/fdic-change-leaves-wealthy...

    Under the old FDIC rules, each beneficiary of the trust would get $250,000 in insurance protection. So, for example, if the trust named 10 beneficiaries, then that account would be insured for $2. ...

  3. Best online banks that take cash deposits - AOL

    www.aol.com/finance/best-online-banks-cash...

    SoFi is a personal finance company and online bank with products that include checking and savings accounts. Like Axos Bank, SoFi allows its customers to deposit cash at retail locations that ...

  4. Bank Secrecy Act - Wikipedia

    en.wikipedia.org/wiki/Bank_Secrecy_Act

    The Bank Secrecy Act of 1970 ( BSA ), also known as the Currency and Foreign Transactions Reporting Act, is a U.S. law requiring financial institutions in the United States to assist U.S. government agencies in detecting and preventing money laundering. [1] Specifically, the act requires financial institutions to keep records of cash purchases ...

  5. Deposit account - Wikipedia

    en.wikipedia.org/wiki/Deposit_account

    A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. Transactions on deposit accounts are recorded in a bank's books, and the resulting balance is recorded ...

  6. Remote deposit - Wikipedia

    en.wikipedia.org/wiki/Remote_deposit

    Remote deposit or mobile deposit is the ability of a bank customer to deposit a cheque into a bank account from a remote location, without having to physically deliver the cheque to the bank. This was originally accomplished by scanning a digital image of a cheque into a computer then transmitting that image to the bank, but is now accomplished ...

  7. How To Deposit Cash Into Your Bank Account - AOL

    www.aol.com/finance/deposit-cash-bank-account...

    Here are the steps to do that: Log in to your account via your bank’s mobile app. Snap photos of the front and back of your check. Confirm the dollar amount and other details as requested. Your ...

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