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How do I deposit checks into my Lili account?

First, let's check your eligibility!

Eligibility to deposit a check is based on your Lili Account's activity history and other risk-based factors. If you are a Sole Proprietor, your Lili account must also be open for at least 30 days and you must receive $200 or more in ACH Direct Deposits from a non-governmental source per calendar month.

If you have a fully approved Single-Member LLC, Multi-Member LLC, General Partnership, Limited Liability Partnership, or S-Corp account, then the feature will be available to you immediately. Activity history and other risk-based factors can still affect future eligibility.

To deposit a check*, open your Lili app, go to the menu at the top left of the screen > Add Money > Mobile Check Deposit, and follow these steps:

  1. Sign (endorse) the back of the check
  2. Under your signature, write "For Lili mobile deposit only" 
  3. Enter the amount of the check
  4. Take pictures of the front and the back of your check. Make sure to place your check on a dark, solid background. 
  5. The check must be made out in your name or to your business (if there is an approved business linked to your Lili account), and be dated within the last 60 days. Future-dated checks are not accepted.

Some things to note:

  • We accept cashiers/official checks
  • We do not accept money orders
  • We do not accept checks signed over from a third party (third-party checks)

When will the funds be applied to my account?
Checks are generally reviewed on the same business day if submitted before 4 pm EST, however each submission is always determined by our cut-off period of 4 pm Eastern time the following business day. Once your check is approved, your funds will become available within 1-5 business days. You will receive push notifications to your phone (if notifications for the Lili App are on) with updates on the status of your check, as well as an email notifying you when the funds become available. 

Keep in mind that checks deposited on a non-business day (weekends and Federal holidays) will be considered deposited on the next business day.


Note: for fully approved Single-Member LLCs, Multi-Member LLCs, General Partnerships, Limited Liability Partnerships, and S-Corp accounts, the first check will be available within 5 business days from approval. Future checks may be available in 1-3 business days, at the sole discretion of Lili.

Over-the-Limit Check Deposits: There is an option to request to deposit a check that is over the limit. To make this request, after entering the Mobile Check Deposit feature, tap on the link called "Request to deposit a check over the limit" and follow the directions.

For details about mobile check deposit limits, please see "What are my funding limits?"

"Best practices" for scanning a check can be found below:

  1. Take the picture with the check on a solid, dark contrasting background. Taking the picture with the check on wood or a busy background can cause the check to not be readable.
  2. Make sure that all four corners of the check are visible in the photo. Photos that do not show all four corners of the check will be rejected.
  3. Photos should be taken with the check on a flat background. If the background is not flat, portions of the image might have poor quality and could cause the check to be rejected. 
  4. Photos should always be taken with a clean camera lens, good overhead lighting with no shadows and the camera should not use zoom. Photos taken in poor lighting, that have shadows or are blurry will result in poor-quality photos, and could possibly be rejected by the system.

Note: some Android devices might not support the ability to deposit a check as they do not meet the minimal technical requirements.

*Checks can only be deposited through the Mobile App. It is not possible to deposit checks into a Lili account using an ATM. 

 

 

Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC. The Lili Visa® Debit Card is issued by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC, pursuant to a license from Visa U.S.A., Inc. Please see the back of your Card for its issuing bank. The Card may be used everywhere Visa debit cards are accepted. Wire Transfer service provided by Column Bank N.A., Member FDIC. All wires are subject to acceptance criteria and risk-based review and may be rejected at the sole discretion of Column Bank N. A. or Lili App Inc.