Deposit a cheque using your mobile device

• You can deposit cheques, bank drafts and money orders.
  
• You can deposit cheques into the same transaction accounts you already use at ABMs, such as chequing, savings and line of credit accounts.
  
• You can deposit up to $50,000 per month.
  

Mobile deposits and security

National Bank has online fraud prevention measures in place that meet industry standards. In addition to taking the usual precautions, we use various systems and methods to make sure your personal information remains confidential when you do transactions through your online bank. 

You’re also covered by National Bank’s Peace of Mind guarantee.¹ In the unlikely event that fraud is committed via your online bank, any losses will be reimbursed to you in full, as long as you’re not at fault. It’s guaranteed and it’s free! 

When to dispose of paper cheques 
Keep them until the date shown on the screen when your deposit is confirmed. 

Hold funds policy

The amount that you are allowed to withdraw immediately after depositing a cheque depends on your withdrawal rating. The remaining funds become available once your cheque clears, which can take up to seven business days.

1. The Peace of Mind Guarantee for your online bank and the National Bank app applies to clients who, upon checking, discover that they have been a victim of fraud and agree to cooperate in the investigation into this fraud. This guarantee applies only to unauthorized transactions carried out through your online bank or the mobile app and covers only the amounts lost as a direct result of those transactions. The Peace of Mind Guarantee for your online bank and the mobile app applies to those clients who have been the victims of fraud even though they had protected their access numbers, passwords and equipment, and who cooperate with the fraud-related investigation. While carrying out online banking transactions, each client must take the measures necessary to ensure the security of those transactions, and has the obligation to promptly inform National Bank if they believe they’ve been the victim of fraud.