The Schwab Mobile Deposit service allows you to deposit a check directly into your eligible Charles Schwab & Co., Inc. brokerage or Charles Schwab Bank account by taking a picture of a check using your mobile smartphone.

No. This service is currently available on the the iPhone with iOS 4 and higher, the iPad 2 and higher, and Android-powered smartphones with Android OS version 2.1 or higher.

Note: Schwab Mobile Deposit is not available for devices that do not have a built-in camera.

The remote deposit service can be used 24 hours a day, seven days a week, except when our system is unavailable due to needed maintenance. Generally, maintenance occurs once a month during nighttime hours. During that time, the app will display the following message: “Mobile Deposit Is Temporarily Unavailable.”

In addition to login ID and password, we use multiple security layers, including industry-standard encryption. For your added security, passwords and actual check deposit records or images are not stored on your mobile device.

Upon request, we can also provide you with a security token—a small device that creates an additional numeric password every time you log in.

Additional ways to ensure security:

Protect your password.

• Don’t keep your password in a location accessible to others.
• Don’t allow others to perform transactions for you.
• Periodically change your password by logging in to Schwab.com.
• Notify us if password security has been breached.

Review your statements promptly and report any problems.

Store your original checks in a safe place after depositing.

• Mark each check ELECTRONICALLY PRESENTED.
• Securely destroy each original check 14 days after it posts to your account.

The Schwab Mobile Deposit service is subject to certain eligibility requirements, and enrollment is not guaranteed. In addition, certain account types are not eligible, such as retirement accounts and 529 plans. Also, mobile deposits to business accounts are not available at this time.

Once you are approved for enrollment in the service, only your eligible accounts will appear on the Mobile Deposit menu.

Yes, and downloading the Schwab Mobile app is convenient and simple. Get the app.

Yes. You must apply and be approved for enrollment prior to using the Schwab Mobile Deposit service. See How to Apply.

You will be sent an email notification of your enrollment status within three business days, but often the turnaround time is much shorter.

You will be notified via your mobile device when your application has been approved. Once you read and accept the Terms and Conditions (tap I consent and Submit), you may begin making mobile deposits.

You will also receive an enrollment approval email with a link to a copy of the Terms and Conditions for your records.

Checks must be issued by a U.S. bank in U.S. dollars. You may use the Schwab Mobile Deposit service to deposit original paper checks that are made payable to the name of the account holder or trust. Listed below are some checks that are not eligible for this service:

• Checks payable to others
• Checks that are not dated, are postdated, or are more than six months old
• Checks payable to “Cash,” “Charles Schwab,” or “Charles Schwab Bank”
• Traveler’s checks
• Checks that exceed your mobile daily deposit limit

For a full list, please see the Charles Schwab & Co., Inc. Mobile Deposit Service Terms and Conditions and the Charles Schwab Bank Mobile Deposit Service Terms and Conditions. Please note: Only Schwab clients can access the full list.

Yes. Schwab Mobile Deposit is available for initial account funding. As soon as your Schwab Mobile Deposit application is approved, you can fund your account by taking a picture of your check using your iPad, iPhone, or Android-powered device. Funds may not be available for immediate withdrawal. Deposits are subject to proof and verification.

The transmission time required to upload check images will vary depending on what the signal strength of your cellular network is, whether you are using Wi-Fi, and other factors.

You can only submit one check deposit at a time. However, you may make additional deposits by simply tapping Deposit Another Check once you have received confirmation that your previous deposit has been received.

Yes. There is a limit on the amount you may deposit each day. Your daily deposit limit amount is clearly indicated on the Deposit screen, just under the Amount field.

You will receive a reference number at the end of each check deposit that confirms receipt of your check images and deposit information. This is an acknowledgment of receipt and does not mean that the transmission was complete. When your deposit has been reviewed and approved, it will be posted to your account and will appear on the Deposit Status screen with a Deposited status. You will also receive an email from Schwab confirming the posting of your deposit.

On the top half of the face of the check, conspicuously mark in ink ELECTRONICALLY PRESENTED immediately after you receive confirmation that the check has posted to your account. Regularly review your deposit transactions online or on the Deposit Status tab to determine when the check has posted to your account.

• If for some reason your deposit cannot be posted, Schwab may ask you to redeposit the check. Do so only if requested.
• Securely retain your checks for 14 days after the checks are posted to your account.
• Securely destroy your checks 14 days after the checks are posted to your account.

Deposits submitted on normal business days before 4 p.m. local time within the contiguous U.S. will be posted to your account the same day. Deposits made after 4 p.m. or on weekends or holidays will be posted the next business day. Please note that our standard hold policies apply.

You may receive an error message at the time of your deposit, or you may receive an email after Schwab has reviewed the deposit. (You’ll also see Unable to Process on the Deposit Status screen.)

Common reasons for an error message include:

• Poor image quality. If this occurs, please take another picture of the front and back of the check and resubmit.
• Duplicate check. It is important to be sure that the same check is not deposited again, whether through Schwab Mobile, through the mail, or in Schwab branches. This problem can be avoided by writing ELECTRONICALLY PRESENTED on the top half of the face of the check, after it has posted to your account, as indicated above.
• Ineligible check. If this occurs, you should deposit the check by mail or at a Schwab branch.
• Stop payment. A check with a stop-payment order may not be deposited.
• Over client limit. If this occurs, you should deposit the check by mail or at a Schwab branch, or try to redeposit the check using your phone the following day.
• Over account limit. If this occurs, you should deposit the check by mail or at a Schwab branch, or attempt to redeposit the check using your phone the following day.
• Missing endorsement, date, or amount. If this occurs, Schwab will send you an email notification asking you to correct the check and redeposit it via Schwab Mobile.