When must you sign a deposit slip?

a.
You must always sign a deposit slip.
b.
You only need to sign a deposit slip when receiving cash.
c.
You only need to sign a deposit slip when using an ATM, rather than depositing at the bank.
d.
You never need to sign a deposit slip. Your account information is enough.

1 answer

The correct answer is: d. You never need to sign a deposit slip. Your account information is enough.

In many situations, especially with automated systems and online banking, signing a deposit slip is not required as long as the account information and proper identification are provided. However, specific bank policies can vary, so it's best to check with your institution for their requirements regarding deposit slips.