Electronic Funds Withdrawal (EFW) is an integrated e-file/e-pay option offered only when filing your federal taxes using tax
preparation software or through a tax professional. Using this payment option, you may submit one or more payment requests for direct debit from your designated bank account. We offer other payment options if you are not e-filing, or if you e-file but want to pay separately.
How to Make an Electronic Funds Withdrawal Payment:
Features and Benefits of Electronic Funds Withdrawal:
Facts You Need to Know:
Cancellations, Errors and Questions:
For information on other electronic payment options visit the Payments Home Page. For information about IRS e-filing options visit our Filing home page. Page Last Reviewed or Updated: 24-Aug-2022 Why is Venmo not letting me transfer money to my debit card?If your bank account or debit card is listed as a payment method but greyed out when you try to make an instant transfer, your bank does not currently participate in an instant transfer service. We recommend reaching out to the bank that issued your bank account or debit card to request that they enroll.
Why can't I transfer money into my Venmo account?At this time, only Venmo users who have been approved for a Venmo Mastercard® Debit Card have the option to add money from a verified bank account directly to their Venmo balance. If you haven't already, add a bank account to your Venmo profile and verify it.
Why was my transfer declined by my bank?There are a few reasons why your bank transfer can be rejected: The bank account you're transferring from may not have enough funds in it to make the transfer. The bank account you're transferring from may be closed. The login credentials for the bank account you're transferring from have been updated.
How do I transfer money from Venmo to my debit card?Enter or edit the amount you would like to transfer to your bank.. Tap “Instant” (for a small fee) or “1-3 Biz Days” (for no fee), and select your preferred bank account or debit card.. Confirm your transfer details, and tap the green “Transfer” button.. |