 Another potential benefit is that it cuts down on paperwork, and therefore reduces the chances of making mistakes or losing checks in the process of depositing them.Bounced checks also show up faster when processed through remote deposit.Critics, and some advocates, contend that remote deposit — and by extension, the entire Check 21 Act — is an attempt by the banking industry to eliminate "float," the standard one- or two-day waiting period between the time someone writes a check and the time the money is actually taken out of their account.