Making Deposits

Learn the basics about making deposits and funds availability.

Depositing checks or extra cash into your bank account can help build your savings, earn interest* and safeguard it from loss and theft.

When you make a deposit, you can use that money to withdraw cash, write checks or make a purchase. M&T Bank offers several options to make a deposit: at a bank branch, at an ATM, through mobile deposits, or direct deposit funds into your account.

​​How do I deposit money at a bank branch? 

To deposit money at a bank branch, provide your cash and endorsed checks and a deposit slip to the teller. Both checks and cash can be deposited in-person at any of your bank’s locations. After making a deposit at a branch, your funds will typically be available immediately if the deposit was cash, or typically the next day if the deposit was an endorsed check. Refer to the Availability Disclosure for Consumer Deposit Accounts.

​How do I make mobile deposits? 

Mobile banking allows you to quickly and conveniently make same business-day check deposits until 10pm ET. Through mobile check deposit, you can deposit checks from the palm of your hand. Simply select which account the money should go to, enter the amount of the deposit, take a photo of the front and back of your endorsed check and tap submit. You can view deposited checks within the app to gain visibility into your account balances. After making the deposit, write on the back of the check the date you deposited it.  This will prevent you from making errors on future deposits. Please refer to the Digital Services Agreement.

How do I deposit money at an ATM? 

Making deposits at an ATM can be a convenient option to make same business-day** deposits. At M&T Bank, same business-day deposits are accepted until 8pm ET. You can deposit cash or checks at our ATM locations without an envelope or a deposit slip. Always be sure your surroundings are safe, then follow these steps to make a deposit at an ATM: 

  • Endorse all checks by signing the back with a pen 
  • Insert your debit card into the appropriate ATM slot and type in your PIN to access your account
  • Select “deposits” on the screen
  • Insert your deposit into the appropriate ATM slot
  • Take your receipt, remove your debit card and confirm the deposit amount on the ATM screen

What are M&T Bank ATM Deposit Limits?

There are no daily or monthly deposit limits at M&T Bank ATMs, however, there is a limit of $99,999 per deposit. The M&T Bank mobile app deposit limit is $6,000 per day and $12,000 per month.

What is direct deposit?

Direct deposit is the electronic transfer of a payment, such as a paycheck, directly from the account of the payer to your account. Funds from an electronic direct deposit are available for your use on the same business day. Electronic money transfers through Zelle®1 also typically allow funds availability within minutes. 

How long does it take for a check to clear? 

Many checks clear in one business day or less. In special cases, such as instances of fraud prevention, checks may take longer to clear. You can monitor the status of a check deposit by enrolling in online or mobile banking services. 

For specific information about when funds from deposits become available for use, talk to a representative at your local bank branch. M&T account holders can also refer to the Availability Disclosure for Consumer Deposit Accounts provided at account opening.

Can you deposit a check into an ATM? 

You can make same business-day deposits at more than 1,000 M&T Bank ATMs. You can deposit cash or checks at our ATM locations without an envelope or a deposit slip.

What do you need to deposit a check? 

To deposit a check, you must endorse it by signing your name on the back with a pen. When depositing a check in-person, you may also need to fill out a deposit slip and provide a government-issued ID. 

A Bank You can Count On

We know you count on your personal checking and savings accounts to meet your everyday banking needs. With M&T, you can count on so much more. Discover how we go beyond the basics to meet all your banking needs in the branch and online, now and in the future. Learn more 

*Applicable only to interest bearing accounts.

** Business day is defined as Monday through Friday, except Federal holidays. 

U.S. checking or savings account required to use Zelle®. Transactions between enrolled consumers typically occur in minutes. Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license. Other product and company names mentioned herein are the property of their respective owners.

Unless otherwise specified, all advertised offers and terms and conditions of accounts and services are subject to change at any time without notice. After an account is opened or service begins, it is subject to its features, conditions and terms, which are subject to change at any time in accordance with applicable laws and agreements. Please contact an M&T representative for full details.