DEPOSIT SLIP

A deposit slip is a form that is used to itemize the checks and cash being deposited
into a bank account. The form contains the following information:

 The name on the account

 The account number
 The amount of each check being deposited
 The amount of any bills and coins being deposited

The completed deposit slip is bundled with the checks, bills and coins itemized on
the form and presented to the cashier at the bank. The cashier processes the deposit and
matches the total processed to the total stated on the deposit slip to ensure that they
match; thus, the deposit slip is a cash processing control for the bank. Once the deposit has
been processed, the cashier gives the customer a receipt, which states the total amount of
the deposit, along with the date and time. The customer then has proof that the deposit
was made.

Deposit slips are pre-printed with the account name and account number, and are
included in the back of the checkbooks given to bank customers. They are rarely provided
in blank form in bank locations. The slips are declining in usage, as customers switch to
scanning checks with their phones and depositing funds electronically, which requires no
deposit slip.