Remote Deposit Online allows your business to make deposits remotely using your smartphone or tablet. Take a picture of the front and back of your endorsed check from your place of business and send the images securely over the internet to The Bank of Southside Virginia for deposit.
This service gives you the flexibility to make deposits and enjoy the flexibility of not having to leave your office. Checks can be deposited via your smartphone anytime and anywhere.
Yes. There is a service fee of $10 a month and $5 for each additional business account.
You can scan up to 50 checks per month.
Refer to your agreement.
No. You can cancel at any time.
No. At this time, the service can only support a single user with a single Online ID.
After you send check images using BSV Mobile Business Deposit, write the words “Electronically Processed” on the front of the check. The endorsed deposited items must be safeguarded for a minimum of 30 calendar days from the date you verify deposit in your business checking account. After 30 days, they must be destroyed or otherwise rendered incapable of transmission or presentment. We recommend cross-cut shredding of the document.
No. You need to meet certain requirements for this service. Please call 800-619-5211 during business hours for additional details and to find out if you qualify.
No. BSV Mobile Business Deposit does not provide the ability to verify funds at time of deposit. Checks that are deposited by 3p.m. local time will be made available the next day. Please note that these deposits are subject to holds.
Yes, as long as they are setup on the same NetTeller account and your personal account is setup to take deposits; multiple NetTeller accounts are not supported on the same device.
BSV Mobile Business Deposit is available for iOS or Android smartphones and tablets. The device must have internet access.
The upload speed can vary depending on the signal strength and speed. Expect between 7-45 seconds under average conditions.
You can call your local BSV branch or our main number office at 1-434-246-5211.