USAA Federal Savings Bank is about to offer an iPhone application that customers can use to deposit a check. Most checks will effective with immediate availability of funds. Using an iPhone application, USAA members sign the back of any check and then use their iPhone camera to take a picture of the check’s front side and back side.
Customers enter required information into the application — including the amount and where it’s to be deposited — and then the funds are credited to the designated account.
United Services Automobile Association (USAA) is a Fortune 500 financial services company offering banking, investing, and insurance to people and families that serve, or served, in the United States military.
USAA is headquartered in San Antonio, Texas, occupying 286 acres (a former horse farm) with one of the largest single-occupancy buildings in the United States, rivaling the Sears Tower and The Pentagon.
In mid-May, USAA released an iPhone app that allows people to access their accounts, pay bills, transfer funds and locate an ATM.
WILL BE AVAILABLE VIA iTunes …
USAA Mobile … gives you immediate and secure access to your account from your moile device so you can be ready for what’s ahead … 24/7 access to your accounts.