The bank or credit union will give you deposit slips to be used to deposit money received into the account. These slips are often in a book to keep them together, and are usually in duplicate or triplicate. For each deposit, you fill out a deposit slip and present it with the items to be deposited.
Filling out the deposit slip
The following information must be on the deposit slip:
the date of deposit,
the initials of the person making the deposit,
a list of cheques included in the deposit,
cash included in the deposit,
the total of the cheques being deposited,
the total of cash being deposited, and
the total amount of deposit.
If you often have several cheques to deposit, invest in an adding machine with a tape. Make a tape of all the cheques to be deposited and include it with your deposit slip. This will save time for both you and the bank teller.
If you often have several cheques to deposit, invest in an adding machine with a tape. Make a tape of all the cheques to be deposited and include it with your deposit slip. This will save time for both you and the bank teller.
