Mobile Check Deposit

Mobile Check Deposit or MCD is a facility that allows the business customer to deposit a check for local clearing via the BizLink Mobile app.

All BizLink enrolled businesses with enrolled PHP currency account/s (Savings and/or Checking). ​

The facility is available to transactional Makers and Multi-role Makers in BizLink. 

A transactional Maker can initiate financial transactions and view accounts, transaction history and reports.

A Multi-role Maker can also initiate financial transactions, view accounts, transaction history and reports like a Maker but with additional functionalities and role/s that may be assigned to them. (Ex. Can Authorize for another facility assigned/enrolled to them) 

• All local checks for clearing (BPI and non-BPI) and Manager’s checks payable in Philippine currency only
• Checks with dates not more than six (6) months or 179 days from date of deposit
  
• Payable to the order of the Company Name, where the Payee name written on the front of the check matches the BPI account name​
  
• NOT previously negotiated or presented to any local bank, either over the counter or digitally. 
  

Based on the PCHC regulatory for check deposits done through a mobile app, client must completely fill out the PHP check, including the Dorsal Deposit Information (DDI). ​

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A DDI is the information  written at the back of the check that includes the Bank Name, Payee Signature, ​Account Number, and Date of Deposit.  

• Checks drawn on a Financial Institution located outside the Philippines,​
• Checks bearing second and/or multiple endorsements,​
• Checks payable to any person/entity other than the Company, including checks paid to Cash. ​
• Checks that were returned by PCHC – previously negotiated or cancelled checks, ​
• Checks with missing Dorsal Deposit Information (DDI) at the back of the check, ​
• A photocopy of the check or printed on accredited check paper when the photo was taken ​
• Checks with alternations, smudges, or stains on the face of the check​
• Checks Payable in foreign currency​
• Post-dated, Out-of-date, or Stale-dated checks.  

There is no limit on the number of checks you can deposit through the BizLink app. If you deposit more than 10 checks a day, you may want to inquire about the Remote Deposit Capture (RDC) with your Relationship Manager.

• Download the latest version of the BizLink app. ​
• Log-in with your Corporate ID and User ID,  ​
• Tap “Deposit Check”  ​
• Review guidelines and tap "Start Deposit"​
• Take a photo of the front and back of the check. Ensure that the back of the physical check indicates the following information: ​
  • Bank of the Philippine Islands or BPI, ​Your Signature, ​BPI Account Number where the check will be deposited, and ​Date of Deposit ​
  • Enter the amount and the date written on the check.  ​
  • Choose the account where the check will be deposited to.   ​
  • Tap "Submit"

You can deposit checks anytime, anywhere, subject to these clearing guidelines:

• Checks deposited on banking days within the clearing cut-off of 3:00 PM will be processed within the day.  ​
• Checks deposited past the cut-off time of 3:00 PM, during weekends, or holidays will be processed on the next banking day.

You may view the status of your mobile check deposits in the web or mobile app by selecting Check Deposit Inquiry.​

​You will be able to view all your check deposits in the last 3 months. The status may be any of the following: ​

• For Clearing – Check is still undergoing processing.  ​
• Rejected – Check was rejected within the day of deposit due to technical defects.  ​
• Returned – Check was returned by the drawee bank due to technical defects.  ​
• Cleared - Check has cleared and funds have been credited.  

If the check is rejected due to missing information, you may still deposit the check via the BizLink Mobile App. ​

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If the check is rejected where the corrections require alterations or erasures on the check, a new check must be requested from the drawer of the check.  

If the check is returned by PCHC on the day after the check is deposited, then you may re-deposit the check to any BPI Branch for second presentment. To know if your check is qualified for re-deposit, you may call your branch of account.  ​

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Re-deposit of checks shall automatically be rejected if re-deposited via the BizLink Mobile App. 

MCD is free of charge.

All local checks (BPI and non-BPI) and Manager's Check shall undergo 1-day clearing. The funds shall be available for withdrawal once cleared by the Drawee Bank.​

Checks deposited after cut-off, Weekends, and Holidays, shall be available on the next banking day.