NETSPEND and ACH WITHDRAWAL

[iataz]

I emailed Netspend and you can do ACH withdrawals but not Wire Transfers
I believe you get the routing number and account number by clicking on the direct deposit link



{quote]Thank you for contacting NetSpend customer care regarding your account.
We understand that you would like to know how to go about having an ACH payment in your account.

You may use your NetSpend account number and routing number to send funds via ACH transfer to your NetSpend account. However, this transaction will not work in reverse. Attempts by any merchants to withdraw funds from your NetSpend account in this manner will be rejected and returned unpaid. You may provide them your 16-digit card number instead. In addition, please advise the merchant that you are going to process this type of transaction using a prepaid debit card. Please note that this transaction is still a merchant-to–merchant transaction. We apologize for any inconvenience this may cause you. [/QUOTE]

 

[judyb57]

Thanks taz. I don't understand the difference between an ACH (I don't even know what that is!) and a Wire Transfer? :dizzy

 

[redfawn]

lol judy hon, your not alone! I dont get it either. Taz, are you saying when we win with a casino we can withdraw to Netspend via ACH???

 

[CareyG]

I am reading it as..we can deposit into Netspend with ach transfer from our bank account? Which would actually work for me so I dont have to go load it and can deposit funds to Netspend online??​

 

[iataz]

Here is my original question to them

So if I wanted a merchant to do an ACH payment into my Netspend account how would I have them do that?

the above was there response.. so yes I am assuming you can cash out from a casino to your Netspend.. by filling out the ACH information on the withdrawal form, but that is only an assumption.. it may work it may not work. .all you can do is try..
Unfortunatly Taz hasn't had any luck with cashouts to try it


Judy ACH is automated clearinghouse.. Wiretransfer is going across the Wires I gues. I don't know for sure..

Carey I'm not sure if you can deposit from your bank account into your Netspend account as I think banks use Wiretransfers.. but I will find out.

 

[CareyG]

Thanks Taz!​