Tax Refund Solutions
WHAT IS A REFUND TRANSFER (RT)?
With a Refund Transfer (RT) your refund will be direct deposited from the IRS or State with Republic Bank. Before being disbursed to you, Republic Bank's refund Transfer Fees are deducted from the refund. Additionally, all applicable Transmitter, Service Bureau, Document Preparation, Tax Preparation, Audit Fees and other amounts are deducted from the refund and automatically forwarded to the appropriate party as authorized by you on your Bank Product Application and Agreement.
HOW LONG DOES AN RT TAKE?
When you receive your refund depends on when the IRS or State releases the refund to Republic bank. Based on information published on www.irs.gov, the IRS issues most electronically filed refunds within 21 calendar days of IRS acknowledgement or within 6 weeks for paper filed returns. Once received by Republic Bank, your refund is immediately processed by deducting the amounts authorized by you and releasing the money according to the disbursement option you have chosen.
Easy Advance Options
WHAT IS AN EASY ADVANCE?
An Easy Advance (EA) is a loan secured by and paid back with you tax refund. Easy Advances are available in the amounts listed above. If approved for an EA, a Finance Charge will apply.
One payment of your loan amount and the Finance Charge is due upon receipt of your 2024 tax refund from the IRS and/or state taxing authority.
For example, if your loan amount is $2,000, your payment due upon receipt of your 2024 tax refund is $2.063.12.
Ask us for more information about Easy Advances.
WHY CHOOSE EASY ADVANCE?
- Apply while you are filing your taxes!
- Choose the loan amount that best fits your needs!
- Available in 24 hours or less!
what are the benEFITS?
CONVENIENCE
With Refund Transfer (RT), you can have your taxes professionally prepared and pay tax preparation and other authorized fees and amounts with your refund money. This is a very convenient way to pay the fees associated with tax preparation and tax return filing without having to pay anything up front.
what are the benefits?
SPEED
If you don't have a bank account, an RT allows you the benefit of having your refund processed safely as a direct deposit rather than waiting additional time for your check to be printed and mailed from the IRS or State. You can choose to receive your RT disbursed as a bank check with many low-cost options for check cashing available.
what are the benefits?
SECURITY
Many customers feel most comfortable with the security and personal service of picking up a bank issued check from the safety of the tax office rather than receiving an IRS or State issued check in the mail.