How much do Deposit Services cost?

eCheck Recipients

If you are receiving an eCheck:

• Instant Funds* powered by Hyperwallet for $4.99 or a 2.99% convenience fee, whichever is greater.
• Direct Deposit* powered by Hyperwallet for $4.99 or a 1.99% convenience fee, whichever is greater.
• Deposit to PayPal* powered by Hyperwallet for $4.99 or a 2.99% convenience fee, whichever is greater.

Each service is only available on qualified checks.

The convenience fee is deducted from funds transferred to your bank account. You will be notified on the fee amount prior to confirming the transaction.

For example, if you receive a check for $200 and select our Instant Funds service, you will be charged a $5.98 fee and $194.02 will be transferred to your checking account within 30 minutes.

eChecks Senders

If you are sending eChecks, Deposit Services are entirely FREE and eCheck senders will never incur additional fees. Our Deposit Service is an optional service for eCheck recipients which they can choose to use when they want to access to their funds faster.

* Majority of Instant Funds transactions will be funded within 30 minutes, but it could take up to 24 hours. The funds availability timing for the initial transaction will generally be indicative of future transactions for the account you set up. Direct Deposit transactions will be funded in 1-3 days. Deposit to PayPal transactions will be funded within 30 minutes. A small fee will be charged to the eCheck recipient for each deposit. Check clearing provided by our partner bank.