According to Republic Bank, a Republic Bank Refund Transfer (RT) allows customers to pay their tax preparation and related fees with their refund check. A Refund Transfer Fee will be charged in addition to the tax preparation fees upon receipt of your income tax return from either the State or the IRS.

If the first disbursement check is not sufficient to cover tax preparation and republic bank fees, then the second disbursed check will also apply to the outstanding fee balance. 

A Refund Transfer has three main characteristics.

• Convenience
• Speed
• Secure

Republic Bank was also named as America’s Best Bank