Regions Bank Mobile Banking customers can now make deposits to their accounts using their mobile device. With the introduction of Regions Mobile Deposit, customers can now use their phone or iPad to take a photo of a check and place those funds in a consumer deposit account or load them to a Regions Now Card, a reloadable Visa® prepaid card.
The Mobile Deposit service has three funds availability options – a standard option of two business days, an intermediate same day availability option, and an immediate availability option. Costs per Mobile Deposit transaction are as low as 50 cents.
“Services like Mobile Deposit and check cashing at DepositSmart ATMs are just two examples of how Regions is offering more ways for our customers to manage their finances when and how they want,” said Scott Peters, head of Regions Consumer Services.
“More and more people are using the mobile channel to manage their finances, and we believe providing customers the ability to load a prepaid card or have immediate funds availability is significant,” said Chris Cox, head of Regions eBusiness.
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