A:

NetSpend accepts some types of wire transfers to add money to the prepaid debit cards it issues to its customers. There are several options that customers have available for these transfers.

Transfers From Checking or Savings Accounts

NetSpend cardholders who have checking or savings accounts at virtually any bank located in the United States can transfer funds from their bank accounts directly into their NetSpend debit card accounts.

If a cardholder's bank has online services, this is easy to do online. The cardholder adds the NetSpend account as an external account to which he authorizes fund transfers. A cardholder can also transfer funds using the bank account's debit card if it has either a Visa or MasterCard logo on it. Funds may even be transferred to a NetSpend customer's account from someone else’s bank account, such as a friend or family member.

Transfers From PayPal Accounts

NetSpend cardholders can also transfer funds from their PayPal accounts. This essentially works the same as a bank transfer. The cardholder links his NetSpend and PayPal accounts, just as he would link a bank account to his PayPal account. Once linked, funds can be easily transferred from PayPal to NetSpend.

Limits and Availability

Bank and PayPal transfers have daily maximum limits that vary and could result in fees that may originate from either NetSpend, the customer's bank or PayPal, depending on how quickly the transferred funds are available. Availability of transferred funds ranges from one to three days. For bank transfers, the customer may opt to have the funds available right away for an additional fee. This option is not available for PayPal. Fees vary from bank to bank and depend on the type of transfer.

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