how deposit slips work
a customer can typically find a stack of deposit slips when entering a bank with designated spaces where they can fill in the required information to complete the deposit a customer is required to fill out the deposit slip before approaching the bank teller to deposit funds the account number must be written at the bottom of the slip where indicated if the customer uses a deposit slip provided by the bank the deposit slip informs the teller of the bank account number to which the funds should be credited customers can request a copy of their deposit if necessary including the itemized amounts that made up the total deposit if there s a dispute with the bank the slip also breaks down whether the deposit consists of checks cash or if the depositor wants a specific amount of cash back from a check deposit the bank clerk typically verifies the funds received for the deposit against the amounts listed on the deposit slip to ensure that they match the teller processes the slip along with the items in the deposit and prints a receipt for the customer deposit slips are often included in the back of checkbooks these have the customer s account number and the bank routing number pre printed on them so there s no need to fill out one of the blank slips provided by the banking institution you need only enter the details of the deposit you re making benefits of deposit slipsdeposit slips protect both the bank and the customer banks use them to help maintain a written ledger of funds deposited throughout the day and to ensure that no deposits are unaccounted for at the end of the business day for bank customers a deposit slip serves as a de facto receipt that the bank properly accounted for the funds and deposited the correct amount into the correct account the deposit slip serves as proof that the bank acknowledged receiving the funds from the customer if the customer later checks the account balance and discovers the deposit was not reported correctly the deposit receipt proves that the deposit was made but the receipt only shows the total of the deposit 