Business Mobile Deposit lets you deposit checks quickly and easily in your Champlain National Bank Business account using your smartphone or tablet. Stay organized without the worry of lost or misplaced checks because you can securely process them as soon as you receive them. That versatility improves your cash flow by receiving funds faster, plus it saves time, money, and fuel with fewer trips to the bank. Stay focused on your business while banking on your schedule!
what can i deposit?
You will be able to deposit up to 10 checks per day, with a maximum of 100 checks per 14 day rolling calendar. Dollar amount restrictions are $15,000 per day, and $60,000 per 14 day rolling calendar. Most types of checks can be deposited, however some exclusions apply such as checks drawn on foreign banks or in foreign currency, post-dated or stale dated checks, and third party checks. Checks drawn on the business or affiliates of the business may not be deposited without prior consent of Champlain National Bank.
tips for using mobile deposit
You will need to download the Champlain National Bank Business Mobile Deposit App to your smartphone or tablet.
Your endorsement on the back of each check must include: “For Mobile Deposit Only” or the check may be rejected. Please print this clearly and on one line. You must also place a check mark in the Mobile Deposit box if there is one.
Make sure you are snapping a clear picture of the entire check, both front and back.
Deposits can consist of multiple checks.
You will receive a confirmation email when a deposit has been successfully transmitted. You can also see your deposit status and history on the main page of the App.
Retain the check for 30 days after you make the deposit in a safe place. You can destroy it after the 30 day window.
when are the funds available?
If you submit a deposit to us on a business day before 5:00 pm, the deposit will be credited to your account that day and made available the next business day. Deposits made after 5:00 pm and on non-business days (Saturday, Sunday, and federal holidays) will be credited to your account the next business day and available to you according to our Funds Availability Policy.
Champlain National Bank offers Business Mobile Deposit users website access to generate reports, edit current transactions, and view their deposit history.
how we handle deposit issues
A deposit will be rejected if the check image is blurry, the check was already deposited, or if the check is not properly endorsed. You will also receive an email from us, letting you know the deposit was rejected. If you enter the check amount incorrectly, the App will instruct you to correct the amount in order to finish the deposit.
what's the cost?
Champlain National Bank does not charge for its Business Mobile Deposit service. However, your wireless provider may assess data rates, and you will be responsible for those charges.
what businesses are eligible?
Any business with a deposit account that’s been open for at least six months, and that’s had less than five overdrafts per quarter, can take advantage of Business Mobile Deposit.
safe and secure
Keeping your accounts safe while you are using our Business Mobile Deposit App is our priority. The App will automatically log off a user who locks their mobile device or places it into an idle status. Users are automatically logged off after 30 minutes of inactivity. Closing the App on the mobile device will also log a user out of the system. Your account information is not stored on your mobile device after accessing the Champlain National Bank Mobile App.
how do i apply?
Complete the Business Mobile Deposit Enrollment Form, sign the Disclosure and Agreement, and return it to the nearest Champlain National Bank branch. You can also mail it to us.