Starting This Week: Post-Dated Checks Can Be Deposited via Mobile Banking Apps

|
Starting this week, under a directive from the Bank of Israel, it will be possible for the first time to deposit post-dated checks for future payment through banks' mobile applications. The Bank of Israel announced that the new service will allow deposits of checks marked 'payee only' up to an amount of 100,000 shekels and for a period of 13 months. The service will be continuous and available 24/7 without any need to visit bank branches. The check image will be stored at the bank and presented for payment on the requested date.
Comments
The commenter agrees to the privacy policy of Ynet News and agrees not to submit comments that violate the terms of use, including incitement, libel and expressions that exceed the accepted norms of freedom of speech.
""