How to Deposit Cash into a Bank Account

Depositing cash into a bank account is generally simple, but the steps can look different depending on the method you choose. If you value convenience, an ATM may be the best option. If you prefer face-to-face service or are depositing a large amount, working with a teller may be best.

Let’s look at how to deposit cash into a bank account, what to expect and key considerations, such as reporting rules and availability of funds.

Can you deposit money at an ATM?

Yes, many ATMs allow you to deposit money. Deposits at your own bank’s ATMs are usually processed faster and with fewer delays, while deposits at non-bank ATMs may take longer.

To get started, tap or insert your debit card or ATM card, enter your PIN and choose the “Deposit” option from the menu. The ATM machine will then guide you step by step.

Most ATMs accept cash and many also take checks. At newer machines, you’ll place the bills directly into the slot without an envelope, and the screen will show how much was counted before you confirm. Some ATMs may still require an envelope, so always follow the instructions on the screen.

Keep in mind that not all ATMs handle both cash and checks. Some may only accept one type of deposit, so always check the instructions before you begin. Using an in-network ATM typically helps to ensure your deposit is processed quickly and without extra fees.

How to make a cash deposit at a bank branch

When you go to a branch to deposit cash, you may be asked to fill out a deposit slip. If you have a checkbook, you may already have pre-printed deposit slips with your name and account number. These ask for details like the date and amount of the deposit. If you don’t have one, the bank can provide a generic deposit slip at the counter and help you fill it out.

You might need to show valid identification, especially if you’re depositing a large amount. A driver’s license or other government-issued ID typically works.

The teller will take your cash and your deposit slip, if required, and check your ID. Then, they’ll count the cash, verify your account details and process the transaction.

Most banks make funds available the next business day when you deposit cash in person. That means you can withdraw or use the money soon after the deposit clears.

How to make a deposit through other methods

You’ll generally need to go in person to a branch or ATM to deposit cash. For checks and digital funds, you have more options.

If you’ve been paid with a check, you can use mobile check deposit, provided your bank offers this service in its mobile banking app . Using your bank’s mobile app, you can take a photo of the check and submit it directly. This is typically fast and convenient, but it only works for checks, not cash.

You can also use wire transfers or electronic transfers. These move money directly from one account to another. With a wire or electronic transfer, you can send money to an account at the same bank or a different one. Wire transfers usually post the same business day if sent before the cutoff time, while ACH transfers typically take 1–3 business days.

These methods are alternatives to non-cash deposits. If you need to deposit checks or move money between accounts, they may be more convenient than going to an ATM or a bank branch.

How much cash can you deposit in the bank?

There is no set limit on how much cash you can deposit into your account. Banks will generally accept any amount you bring in, whether it’s a small deposit or a large one.

If you deposit more than $10,000 in cash in a single transaction or in multiple linked deposits on the same day, the bank is required to file a Currency Transaction Report with the federal government.

The report includes details like the amount, date and account involved. Its purpose is to help detect money laundering and other illegal activity.

What you cannot do is break up cash deposits into smaller amounts to avoid the $10,000 threshold. This practice, called structuring, is illegal and can lead to serious penalties.

Regardless of how you choose to make a deposit, it is important to monitor your account to see that the deposit posted as expected. A quick look online or through your bank’s mobile app may help to give peace of mind and keep you on top of your balance.

Disclosure: This article is for general educational purposes. It is not intended to provide financial advice. It also is not intended to completely describe any Citi product or service. You should refer to the terms and conditions financial institutions provide for various products.