As mobile banking continues to offer the convenience of depositing checks on the go, it’s essential to stay proactive about protecting your deposits. One simple way to do this is by using a restrictive endorsement on your checks.

A restrictive endorsement is required when depositing an item via the mobile app and should be structured like the example below:

Data rates may apply

Benefits of restrictive endorsement include:

• Reduces unauthorized use – By writing “For Mobile Deposit Only” on the back of the check, you restrict its use to your mobile deposit. This means if a check is ever lost or misplaced, it cannot be endorsed elsewhere or cashed by someone else.
• Reduces fraud risks –  A restrictive endorsement acts as an extra layer of security. It signals that the check is meant solely for mobile deposit, making it much harder for fraudsters to alter or misuse the check.
• Speeds up processing – Properly endorsed checks are processed faster with a lower risk of being denied, helping ensure that your funds are available when you need them.

If you have any questions, please contact our eBanking Department at (812) 492-8123.