Deposits at a U.S. Bank no-envelope ATM into a U.S. Bank checking or savings account will be processed as follows: For cash deposits, funds will be available immediately. For checks: Checks deposited on business days up until 8:00 p.m. (local time) are considered received on the same day.
How much is available after depositing a check?
Deposits of $5,000 or less usually clear within 3 business days. Deposits of more than $5,000 usually take 4 business days to clear. The first $200 of the total check deposits will be available no later than the first business day after the deposit, usually available immediately.
How much can you deposit before it is reported to the IRS?
Cash and Form 8300. When you deposit $10,000 or more in cash at the bank, the IRS requires the bank to complete a Form 8300. This form is for reporting any transaction or series of related transactions in which the total sum is $10,000 or more; a pair of $5,000 deposits, for example, will also wind up on Form 8300.
Can you make a deposit at a Regions ATM?
Regions DepositSmart ATMs. A Regions DepositSmart ATM® is your convenient, quick solution for on-the-go banking. Get cash, transfer funds, check balances and get mini-statements. You can also cash checks, make deposits, load the Regions Now Card® and change standard overdraft coverage options, all at one location.