Is BankMobile disbursements legitimate?
The most important conclusion to be made in this BankMobile Review is that BankMobile is safe, reliable and legit. The only thing that might be considered unsafe about BankMobile is the poorly managed overdraft policy.
What is a BankMobile disbursement?
What is BankMobile Disbursements? Your school delivers financial aid refunds and other credit balances to students with the BankMobile Disbursements platform. Some of the reasons you might receive money include: dropping or canceling a class, or the receipt of Financial Aid or a grant.
How long do BankMobile disbursements take?
Typically, it takes 1 – 2 business days for the receiving bank to credit the money to your account. DEPOSIT TO A BANKMOBILE VIBE CHECKING ACCOUNT – If you open a BankMobile Vibe Checking Account (upon identity verification), money is deposited the same business day we receive funds from your school.
Does BankMobile disburse on weekends?
Every day is a business day except Saturdays, Sundays and federal holidays.