Deposit checks with your iPhone

Are you ready to deposit checks with your iPhone? A mid-sized bank, USAA, has released the first iPhone app that can scan and deposit checks. In the demo below you can see how you simply snap a shot of the check and hit the send button.

The original post from Matt Marshall on DigitalBeat wrote:

The feature requires a customer to photograph both sides of the check with the phone’s camera. All you’ll need is a cellular connection to send the image.

Once you send the images, you no longer need the paper check — you can simply discard it. USAA’s system takes over. The company has been developing a mobile strategy for some time: Three years ago, the bank introduced the option of depositing a check from home using a scanner. USAA plans to offer the feature on other phones later this year, according to the Times.

ZDNet’s Matthew Miller was also kind enough to remind his readers that our Clarifi case will be the perfect accessory for folks trying to snap a clear shot of their checks.

This updated iPhone application should be a faster and simpler solution than having to scan in the check’s front and back though and I look forward to trying it out.

The iPhone and iPhone 3G do not take very good close up photos so I wonder if an iPhone 3GS is required to use this service. You could also use a Clarifi case from Griffin Technology that I have used before with Evernote to take better close up photos.

What about you? If your bank makes this available will you deposit checks using your iPhone?