Deposit checks by taking a picture of them on your smartphone

Canadian banks are so far behind in mobile banking. Mostly all major Canadian banks have new mobile banking apps for Apple iOS and Android smartphones today. However the functionality is still very basic. Like you can check your balances, bill payments and transfer fund.

eCheck Deposit : However other banks like Ally bank is going to introduce eCheck Deposit Via smartphones. This provides the flexibility to finally deposit checks by taking a picture of them on your smartphone and zapping it into the cloud.

Remote check deposit: Chase, Fidelity and PayPal provide ability to do remote check deposit via scanner.

But none of Big 5 banks in Canada provides this kind of mobile banking functionality. I’m so anxious to see this kind of functionality in Canada.