dave, I use this for depositing checks via the ATM, my signature card for the account was modified with "ALL transactions to be conducted in redeemed lawful money pursuant USCA12 section 411" upon opening the account which solicited some funny looks but was accepted.
I don't typically cash the checks as I don't want to solicit any ignorant questions, but all of the checks I have restrictively endorsed since last Feb have gone thru without issue.
Thank you again, Brian.
Do you withdraw money via the ATM?
And do you have any reason to believe this works beyond your own understanding of the law?