Bank of America Corp. has replaced more than 2,500 of its ATMs in 12 U.S. markets, including Chicago and Washington, D.C., with machines that allow customers to make cash and check deposits without envelopes or deposit slips. BofA, which is North America's largest bank owner of ATMs with 17,183 machines according to its second quarter earnings report, plans to eventually convert all of its more than 12,000 deposit-accepting ATMs to envelope-free machines. However, the bank has yet to set a timeline for when that will occur, Betty Riess, a BofA spokesperson, tells CardLine. With the envelope-free ATMs, customers receive immediate credit for …
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