Probably many of you know this already but I was surprised to find that you can now do a mobile paper check deposit with an app of up to $500,000.
Last week my daughter, here in England, received a paper check for well over $100k and asked me for advice on how best to deposit it. (this was the result of a class action lawsuit)
She has a Vanguard account and that allows mobile check deposit up to $500k so I expect other brokerages have similar limits (much greater than her or our US bank account of $10k). She had to change Apple store to the USA (only possible if you have a US credit card) to download the Vanguard app but then it worked great.
Last week my daughter, here in England, received a paper check for well over $100k and asked me for advice on how best to deposit it. (this was the result of a class action lawsuit)
She has a Vanguard account and that allows mobile check deposit up to $500k so I expect other brokerages have similar limits (much greater than her or our US bank account of $10k). She had to change Apple store to the USA (only possible if you have a US credit card) to download the Vanguard app but then it worked great.