Representation Image
An unidentified New York bank's employee, who has been arrested for defrauding the bank of US$1.7 million over 12 years, pleaded guilty to bank fraud and other charges on Monday, June 28. This is a representational image. Photo by Viacheslav Bublyk on Unsplash

While the use of mobile banking was already on the rise, it has become even more relevant during this pandemic, as the authorities have called for most people to stay at home.

This week, the IRS will begin sending the first funds from the Congressional-approved economic stimulus package, and those with direct deposit and mobile or digital banking will be able to view their funds and manage them from home. The vast majority are expected to receive their money this way, but there are still millions of people who will receive a paper check. Even in this case, having access to digital banking will help you deposit your check from your phone.

In Chase, deposited funds will be available in less than one business day if you use the QuickDeposit mobile deposit tool, which is available within the Chase mobile app. Deposit limits have even been increased to help its customers do more remote banking.

Adapting mobile banking, and the skill and confidence of using these tools can help us perform daily tasks such as depositing and moving money from one account to another, paying family, friends or suppliers, paying obligations such as rent and utilities, and other common transactions.

But many still don't have access, and it's important that people take the resources their bank offers them. People who do not have access to mobile banking or who are new to banking services may benefit from obtaining an account that offers them that access such as Chase Secure Banking, which will allow them to deposit checks, receive and make payments electronically. In addition, you can open an account online, without having to go to the bank. The Bank On organization provides more information on why accounts like this are an important resource today.

To help people use these resources with confidence, Chase offers a series of videos that show how to perform the most common transactions, through a collaboration with AARP Foundation, whoever needs help can use free resources available.

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