InstaCash

Send Money Instantly From Bank Account With instaCASH

NETeller instaCASH is the fastest and most secure way to transfer 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 using a check, when you request an EFT, it typically takes between 4-5 business days for the transaction to clear before you can access the money in your account. Getting instaCASH, on the other hand, 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 immediately transfer to the online merchant or individual NETeller member of your choice. A transaction is considered “cleared" when NETeller receives notification from the transaction processor that the funds you have transferred now appear in our account.

Registering for instaCASH

Registering for instaCASH involves two steps. First, you need to provide 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 need to answer 3-4 multiple-choice questions about your personal financial history correctly to establish your identity. This step is crucial in ensuring that you, and only you, have access to the bank account you are registering.

The information that you provide at this step is used strictly for identity verification purposes and is not stored in any way by NETeller once your identity has been confirmed. Registering for instaCASH typically takes less than two minutes. instaCASH is currently available to U.S. clients only.

Getting instaCASH

Upon successful instaCASH registration, you will have immediate access to Level One instaCASH - which entitles you to deposit up to $750 per week. You can deposit anywhere from $10 to the amount of your current limit in a single transaction.

There are two ways to make an instaCASH deposit:

Deposit at NETeller.com. Simply enter the amount to deposit and click go. An 8.9% processing fee will be deducted from the amount. Deposit at a merchant website. Wherever you see the NETeller logo on the web, you can make an instaCASH deposit in that website?s banking/payment section. All you need to do is enter your NETeller Account ID, Secure ID, the last 4 digits of the bank account you have registered with us, and the amount to deposit. Many NETeller merchants will pay for some or all of your instaCASH fees.

instaCASH Limits

There are three instaCASH levels, as follows:

Level Weekly Limit Next Level*

One $750 $1500
Two $1500 $3000
Three $3000 N/A

*This indicates the amount of EFTs or instaCASH that you must deposit in order to attain the next level. To advance to the next level of instaCASH, you must have cleared the amount of the limit of the next level. For example, to move from Level 1 to Level 2, you must have $1500 clear your bank account. To move from Level 2 to Level 3, you must have $3000 clear your bank account.Both cleared instaCASH and cleared EFTs count towards the next level. When you have satisfied the requirements, you will be given the opportunity to move to the next instaCASH level. NETeller will not raise a member’s instaCASH limit without permission.