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What are our options to deposit cash?
September 23, 2022
9:44 am
piggybank
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https://www.nbc.ca/personal/accounts/abm.html says

”You can withdraw cash at over 3,000 ABMs across Canada and around the world using the Accel®, THE EXCHANGE®, CIRRUS® and Allpoint networks.”

But what about depositing cash?

September 23, 2022
10:19 am
cgouimet
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piggybank said
https://www.nbc.ca/personal/accounts/abm.html says

”You can withdraw cash at over 3,000 ABMs across Canada and around the world using the Accel®, THE EXCHANGE®, CIRRUS® and Allpoint networks.”

But what about depositing cash?  

Just follow the link you posted and scroll down to "How do envelope-free deposits work" and read ...

CGO
September 23, 2022
10:39 am
piggybank
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cgouimet said

Just follow the link you posted and scroll down to "How do envelope-free deposits work" and read ...  

I read and reread that. It says how to do envelope-free deposits, but doesn't say which ABMs you can make deposits for free with.

Just to be clear, when I ask about options, I'm not asking about envelope-free deposit option versus "envelope-ful" deposit option. That's not what I was asking about.

I was asking about which ABMs we can use to deposit money into our NB accounts for free.

September 23, 2022
10:47 am
cgouimet
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piggybank said

I read and reread that. It says how to do envelope-free deposits, but doesn't say which ABMs you can make deposits for free with.

Just to be clear, when I ask about options, I'm not asking about envelope-free deposit option versus "envelope-ful" deposit option. That's not what I was asking about.

I was asking about which ABMs we can use to deposit money into our NB accounts for free.  

That's a different question ...

Perhaps you should try their "Contact Us" and ask them the question. I'm sure they know ...

CGO
September 23, 2022
10:52 am
cgouimet
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piggybank said

I read and reread that. It says how to do envelope-free deposits, but doesn't say which ABMs you can make deposits for free with.

Just to be clear, when I ask about options, I'm not asking about envelope-free deposit option versus "envelope-ful" deposit option. That's not what I was asking about.

I was asking about which ABMs we can use to deposit money into our NB accounts for free.  

BTW, that wasn't the question you asked initially ...

CGO
September 23, 2022
11:02 am
piggybank
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cgouimet said

BTW, that wasn't the question you asked initially ...  

The title in this thread, if read by itself, is vague. But the quote in 1st post and my "what about" leads the reader to the idea that the inquiry into "options" is about ABMs that can be used for deposits.

September 23, 2022
11:07 am
cgouimet
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piggybank said

The title in this thread, if read by itself, is vague. But the quote in 1st post and my "what about" leads the reader to the idea that the inquiry into "options" is about ABMs that can be used for deposits.  

How do envelope-free deposits work?

Insert your deposit

Insert the cash and cheques you want to deposit into the slot.

Insert your deposit

Insert the cash and cheques you want to deposit into the slot.

Let the ABM do the math

The ABM will automatically count your cash and the sum of the cheques you’ve deposited.

Confirm your deposit

Confirm the deposit total or modify it if necessary, then finish the transaction. You can access the cash you’ve deposited immediately.

CGO
September 23, 2022
11:08 am
piggybank
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cgouimet said

piggybank said

The title in this thread, if read by itself, is vague. But the quote in 1st post and my "what about" leads the reader to the idea that the inquiry into "options" is about ABMs that can be used for deposits.  

How do envelope-free deposits work?

Insert your deposit

Insert the cash and cheques you want to deposit into the slot.

Insert your deposit

Insert the cash and cheques you want to deposit into the slot.

Let the ABM do the math

The ABM will automatically count your cash and the sum of the cheques you’ve deposited.

Confirm your deposit

Confirm the deposit total or modify it if necessary, then finish the transaction. You can access the cash you’ve deposited immediately.  

Why are you quoting that?

September 23, 2022
11:38 am
piggybank
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Spoke to an NB agent. We can make deposits for free (no fee) at Accel/ The Exchange / Cirrus / Allpoint network machines. This site, https://locator.nbc.ca/, may come in handy.

If the machine requires an envelope, there may be a hold. If it's an envelope-less deposit, there will be no hold on the funds.

Please write your comments in the forum.