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Old 09-24-2009, 02:26 PM
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Default Re: Bank Allows Direct Deposit Directly From the iPhone

“ Originally Posted by forty01 View Post

I've used the Deposit@Home, which uses your home scanner and they instantly honor the check. this goes the same for transfers. I have transfered money from my local Wachovia or Bank of America accounts and transfered it on USAA and they will instantly honor the money even though it hasn't transfered. I would be really excited about a WM app having this accomplished.
word it does sound like it could save some time but i would worry about security measures and such..... i know that they wont be allowing having passwords and such stored but still what happens if you loose that phone while the app is working or it is stolen from your hands or whatever.... than your at their mercy.
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