Good point on the mobile deposit limit. I just checked my accounts.

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Dec 20, 2024
11:07:39am

Powerbait DPM All-American

Keybank is 20k/month (for my account)
Ally is 50k
bank of america is 75k/month

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Powerbait DPM

Previous username: Powerbait DPM studnt
Bio page: Powerbait DPM
Joined: May 29, 2015
Last login: Dec 20, 2024
Total posts: 8,937 (7 FO)

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Messages

Author

Time

Selling your car to a car dealership. Questions I haven’t been asked before.

Acorn

10:48am

If it's through a car dealership/business it's probably safer. I wouldn't worry

Powerbait DPM

10:53am

That is where I am at. Given the volume of bad checks I’ve seen in my life i

Acorn

11:05am

I’ve done this a couple of times

scottpete

10:56am

Have your checks always been business checks or did the dealer give you cashier’

Acorn

11:07am

Drawn on the business. Not a cashier’s check

scottpete

11:50am

How much money are we talking about? Some banks have a daily mobile deposit

GideonsTrumpet

10:57am

Good point on the mobile deposit limit. I just checked my accounts.

Powerbait DPM

11:07am

Seems like I tried to mobile deposit a check in the high five digits and it was

Acorn

11:13am

I'm with Chase. Daily limit is $10k, I don't think there's a monthly limit.

GideonsTrumpet

12:05pm

My bet is that a licensed car dealer is not going to pay in cash and will issue a cashiers check

Skeptical Optimist

10:57am

Excellent answer. I was startin to worry that my explanation was the worst ever

Acorn

11:02am

Imagine a car dealership handing out cash for a car they bought from you, lol

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