Making a savings account deposit

AlexNow that you know how easy it is to open an account, I bet you want to know how to put money in and get money out, so you can use it. Don’t worry, banks make it easy.

First let’s see how to add money, which is called making a deposit. At the bank, you start by filling out a deposit slip. A deposit slip is a form that tells the bank to put the money into your account. It’s easy to fill out!

Deposit Slip

First, read through the rest of this page, then print out this example deposit slip and fill in the blanks.

  1. Fill in the date.
  2. Make up an account number and enter it in the “Checking or savings account number” blocks.
  3. If you’re depositing cash, put the total amount in the “Cash” block.
  4. If you’re depositing checks, like, say, a birthday check, enter the check amounts in the “Total Checks” block. (Be sure to sign the back of each check — that’s called endorsing a check. )
  5. Now add everything up and enter the amount on the subtotal line.
  6. If you want to get cash back from your deposit, put that amount in the “Less Cash Rec’d” block. You’ll need to subtract it from the subtotal.
  7. Now put the total in the “Total” block — but don’t sign the slip just yet!

A bank teller has to watch you sign, and you’ll have to show a picture ID to get cash back. Be sure to keep your receipt. You’ll see why later.

That’s all it takes to make a deposit!

Click the Next button to learn about saving deposit with an ATM card.