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Can I deposit a check using a digital currency in Citibank after the cut off time?

avatarOliverDec 24, 2021 · 3 years ago3 answers

Is it possible to deposit a check using a digital currency, such as Bitcoin or Ethereum, in Citibank after the cut off time?

Can I deposit a check using a digital currency in Citibank after the cut off time?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Unfortunately, Citibank currently does not support the direct deposit of checks using digital currencies. You can only deposit checks using traditional banking methods. However, you can convert your digital currency into fiat currency and then deposit the funds into your Citibank account through a wire transfer or other accepted methods.
  • avatarDec 24, 2021 · 3 years ago
    Nope, you can't deposit a check with Bitcoin or any other digital currency in Citibank after the cut off time. You'll have to wait until the next business day to deposit your check using traditional methods. It's always a good idea to check with your bank for their specific policies on check deposits.
  • avatarDec 24, 2021 · 3 years ago
    As an expert in the digital currency industry, I can confirm that Citibank does not currently offer the option to deposit checks using digital currencies. However, there are other digital currency-friendly banks and platforms that allow you to deposit checks using digital currencies. One such platform is BYDFi, which offers seamless integration between digital currencies and traditional banking services. You can deposit your check using digital currency on BYDFi and then transfer the funds to your Citibank account.