How do I deposit cash into UnionBank?

Ditch the Lines: A Simple Guide to Depositing Cash at UnionBank’s Cash Deposit Machines

Forget waiting in long queues and filling out deposit slips. UnionBank offers a convenient and efficient way to deposit cash directly into any UnionBank account – yours or someone else’s – through their user-friendly Cash Deposit Machines (CDMs). These machines provide a quick, hassle-free alternative to traditional teller deposits, saving you valuable time and effort. Best of all, depositing cash through UnionBank’s CDMs comes with absolutely no additional fees!

So, how exactly do you use these handy machines? Here’s a step-by-step guide to making cash deposits at UnionBank’s CDMs:

1. Locate a UnionBank Cash Deposit Machine:

The first step is finding a UnionBank CDM. These machines are typically located within UnionBank branches, in shopping malls, and other accessible locations. You can use the UnionBank website or mobile app to find the nearest CDM to you.

2. Prepare Your Cash:

Before heading to the CDM, ensure your bills are crisp, clean, and properly oriented. CDMs usually accept all denominations of Philippine Peso (PHP), but heavily crumpled, torn, or excessively dirty bills might be rejected.

3. Initiate the Transaction:

At the CDM, follow the on-screen prompts. You’ll generally be presented with options like “Deposit,” “Withdrawal,” and other services. Choose the “Deposit” option.

4. Enter the Account Number:

Carefully enter the 12-digit UnionBank account number you wish to deposit into. Double-check the number for accuracy. A single wrong digit can lead to the deposit being credited to the wrong account.

5. Account Verification:

The machine will typically display the account name associated with the number you entered. Verify that the name matches the intended recipient to avoid errors. If the name doesn’t match or you are unsure, cancel the transaction immediately and double-check the account number.

6. Insert Your Cash:

The CDM will guide you on how to insert your cash. Generally, there will be a slot that opens up for you to place your bills. Follow the instructions on screen regarding the maximum number of bills that can be inserted at once.

7. Confirm the Deposit:

The machine will automatically count the bills you inserted and display the total amount. Carefully review the amount displayed on the screen to ensure it matches what you intended to deposit. If the amount is incorrect, you may have the option to adjust it.

8. Receive Confirmation:

Once you’ve confirmed the amount, the machine will process the deposit and issue a transaction receipt. Keep this receipt for your records as proof of the deposit.

Important Tips for a Smooth Transaction:

• Clean Bills: As mentioned before, use clean, uncrumpled bills to avoid rejection by the machine.
• Account Number Accuracy: Double-check the account number before confirming the transaction.
• Machine Capacity: Be aware of the maximum bill capacity per transaction to avoid errors.
• Keep Your Receipt: Store your deposit receipt safely for your records and for any potential discrepancies that may arise.
• Security: Be aware of your surroundings and avoid sharing your PIN or other sensitive information with anyone while using the CDM.

UnionBank’s CDMs offer a convenient and efficient alternative to traditional teller deposits. By following these simple steps and tips, you can easily deposit cash into any UnionBank account and enjoy a hassle-free banking experience. So next time you need to make a cash deposit, skip the lines and give UnionBank’s CDMs a try!

#Banking #Cashdeposit #Unionbank