do banks have to keep a record of deposit slips 
banks are required by federal law to keep records of deposits exceeding 100 for at least five years they have the option of keeping them longer but these records can be and typically are digital not paper copies 2the bottom linedeposit slips are becoming a thing of the past as banks have begun removing them from their branches in favor of new technology most banks don t require deposit slips for atm deposits because the computer can read the check or count the cash and electronically credit the account associated with the atm card atm deposit receipts are available before completing the deposit including receipts that contain images of the checks being deposited smartphone technology has advanced in that banks are offering apps that enable customers to scan paper checks instead of depositing them via a bank teller or atm 