Back in April, I used the Fidelity iPhone app to deposit a $25k cashiers check when I sold a vehicle. Worked without any problems and convenient for me since nearest the Fidelity branch is 200 miles away.So, at this contentious moment in time, what’s the best bet for depositing a large certified check? I’m receiving a check tomorrow for proceeds from a house sale. It was arranged by siblings and I did not realize that wiring the resultant funds would not be an option.
My choices are Fidelity- 20 year relationship for retirement accounts, two year relationship for CMA- or capital one, 20 year relationship for daily banking. Capital One ought to be the easy choice, except they closed all their branches with an easy reach.
So now I’m flummoxed. Do I schlep out to the branch an hour away, or do I take a chance on Fidelity’s mobile deposit? It would be exceedingly convenient to access the funds within five business days, but not strictly necessary.
Statistics: Posted by NewRain — Wed Oct 02, 2024 7:39 pm — Replies 543 — Views 28073