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Can I deposit checks into my Citibank account using cryptocurrencies after the cut-off time?

avatarCrane KempNov 24, 2021 · 3 years ago3 answers

Is it possible to deposit checks into my Citibank account using cryptocurrencies after the cut-off time? I'm wondering if I can take advantage of the speed and convenience of cryptocurrencies to deposit checks even when the bank is closed. Can anyone provide insights on this?

Can I deposit checks into my Citibank account using cryptocurrencies after the cut-off time?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Unfortunately, currently Citibank does not support the direct deposit of checks using cryptocurrencies after the cut-off time. The deposit of checks into your Citibank account still requires traditional banking methods during the bank's operating hours. However, you can explore other options such as mobile check deposit or electronic fund transfers to deposit checks outside of the bank's operating hours.
  • avatarNov 24, 2021 · 3 years ago
    No, Citibank does not allow the deposit of checks using cryptocurrencies after the cut-off time. You will need to follow the bank's standard procedures for check deposits, which usually require visiting a branch or using their mobile banking app during their operating hours. It's always a good idea to check with your specific bank for their deposit policies and available options.
  • avatarNov 24, 2021 · 3 years ago
    As an expert from BYDFi, I can confirm that currently Citibank does not offer the option to deposit checks using cryptocurrencies after the cut-off time. However, you can consider using cryptocurrencies for other financial transactions, such as peer-to-peer transfers or online purchases, which can provide faster and more convenient alternatives to traditional banking methods.