Deposit Slip

What is a Deposit Slip?

A deposit slip is a document provided by a bank that itemizes the funds being deposited into an account, including cash and checks.

Example of a Deposit Slip

A customer deposits $500 in cash and a $1,000 check. The deposit slip lists these amounts along with the total deposit of $1,500.

How To Complete a Deposit Slip

  1. Fill out personal and account information. 
  2. List cash and check amounts separately. 
  3. Add up the total deposit. 
  4. Sign the slip if required. 
  • Special Tip Always keep a copy of the deposit slip for your records as proof of the transaction.

  • Advantages 
    • Provides a record of deposits. 
    • Helps in tracking and verifying bank transactions. 
    • Reduces errors in bank statements. 
  • Disadvantages 
    • Requires manual entry, which can be time-consuming. 
    • Paper slips can be misplaced or lost.


What should I do if I lose a deposit slip?

Contact your bank for assistance and provide details of the transaction.

No, they are primarily used for in-person deposits at a bank branch.

No, each slip is specific to a single account.

Account holder’s name, account number, date, and details of the deposit.


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