A Tax Refund Advance or Refund Transfer are both bank products. Meaning that the taxpayer has opted to have his or her refund deposited with a bank of his or her choice.
The difference is that a tax refund advance is a loan. Where as a tax refund transfer is a means by which you pay the tax Preparer’s fee.
PREMIER Financial Tax & Accounting Services dba Friendly Tax Services offer both these services. A Refund Advance and Refund Transfer. We partnered with the premier banks, Republic Bank & Trust Company in Louisville, Kentucky and Santa Barbara Tax Products Group a Green Dot Company to get you the best service.