Send Money Instantly From Bank Account With instaCAH NETeller. instaCASH is the fastest and most secure method to transport money from your bank account to an online merchant.
You don't need a special bank account - any valid checking account will work.
instaCASH is an Instant EFT
Transfers to or from your bank account are called EFTs, or Electronic Funds Transfers.
Like treating a check, when you demand an EFT, it normally takes between 4-5 business days for the transaction to clear before you can gain access the money in your account. Getting instaCASH, from the other point of view, is like using a debit card - the funds are debited from your bank account and are credited to your NETeller account instantly. You can then directly transfer to the online merchant or individual NETeller member of your choice.
A transaction is considered cleared when NETeller gets information from the transaction processor that the funds you have transferred now appear in the account.
Registering for instaCASH
Registering for instaCASH requires two steps. First, you need to supply NETeller with information about the bank account you would like to withdraw from. This includes: bank name, bank phone number, routing number and account number.
All of this information can be found on a personal check for the account you are registering.
Second, you require to answer 3-4 multiple-choice questions about your personal financial history correctly to establish your identity. This act is crucial in ensuring that you, and only you, have access to the bank account you are registering. The information that you give at this step is used strictly for identity verification purposes and is not stored in any way by NETeller once your identity has been approved.
Registering for instaCASH normally takes less than five minutes.
instaCASH is currently available to U.S. clients only.