Deposit Slip Tutorial

Filling out a deposit slip correctly ensures that your money makes it to your account.

In the days of online banking and direct deposits, many people have forgotten (or possibly never even learned) how to deal with the paperwork of banking. If you find yourself in a situation in which you need to physically go to a bank to deposit money, you may not know how to correctly fill out a deposit slip. If this is the case, it's a simple task that can be completed quickly and easily so that you can get your money to its rightful place. Most banks have similar slips, so the steps for filling them out are fairly universal.

Things You'll Need

• Deposit slip
• Check or cash
• Pen
• Account number
• Your name and address

Instructions

Filling Out Your Deposit Slip

1. Endorse any checks. If you have a check to deposit, turn it over and sign your name on the line provided. Below your signature, write the account number to which you are depositing the check. If you have more than one check, follow this step for each of the checks.

2. Write your account number in the boxes provided at the bottom of the deposit slip. If you are using a preprinted deposit slip that already has your name, address and account number on it, you will not need to do this. If you are using one of the deposit slips that came with your checks, the account number will already be printed along the bottom. If, however, you are using a blank deposit slip provided by your bank, it is necessary to follow this step before a teller can deposit money into your account.

3. Fill in your name and address on the deposit slip if the deposit slip requires that information. Again, if you are using a preprinted deposit slip, this information will already be on the slip, so there is no need to follow this step.

4. Find the line on your slip that says, "Date." If you are depositing a check, do not write the date that appears on the check. Instead, write out the date of deposit. If the date is Jan. 1, 2010, you can write, "Jan. 1, 2010," or "1 January 2010," or even, "Jan. 1 2010." Just make sure that you include the month, the day of the month and the year on this line. If you write in a later date, most tellers will send it back to you and ask that you put a line through it, initial it and correct it before they can complete the transaction.

5. Locate the box on the right-hand side of your deposit slip. This box contains several columns and smaller boxes. If you are depositing cash, write the amount of cash on the top line where it says, "CASH." Write out the entire numeric dollar amount, including change. If you are depositing $10.25, fill one number into each box. If you are depositing a check, the dollar amount, including the cents, goes on the second line. According to PracticalMoneySkills, you should write the check number or the name of the person or company paying you the money in the blank space provided to the left. If you have more than one check to deposit, there are usually three lines on the front provided for separate check amounts. If you have more than three items to deposit there is space provided on the back of the deposit slip.

6. Add up the total amount that you are depositing, including both cash and checks. If you are only depositing cash, write the amount again on the line that says "SUBTOTAL." If you are only depositing one check, write the check amount again on the subtotal line. If you are depositing several checks, add them up and write the total amount on the subtotal line. If you are depositing both cash and checks, add everything together and write the total amount on the subtotal line in the boxes provided.

7. Sign your name below the "DATE" line if you want cash back. Once you have signed your name, write the amount that you want back in cash on the line that says "LESS CASH RECEIVED," then subtract that amount from your subtotal and write the remaining amount on the last line with the dollar sign next to it. If you do not want any cash back, simply take the amount that you wrote on the "SUBTOTAL" line and rewrite it on the last line that has the dollar sign next to it. This will be your total deposit amount.

References

• "Banking Tutor": Practical Money Skills