While you may think your debit card is only good for making purchases (your money is sent to someone else), it can also be used to receive funds (someone else sends money to you). The latter applies to Instant Funds* powered by Hyperwallet whereby funds will be sent to your debit card (less any fees) and end up in the checking account associated with this debit card.
* Majority of Instant Funds transactions will be funded within 30 minutes, but it could take up to 2 Business Days. 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.