Originally Posted by
luchex
According to Bancorp's SEC filing, the FDIC has restricted the bank, until further notice, from issuing nonbenefit reloadable prepaid cards and from any automated clearing house transactions for merchant-related payments.
Loading BB/Serve can arguably be an ACH pull, but buying MOs too? I suppose one can argue the money is pulled to Moneygram's account... but how is that different from using it to purchase a pack of gum... Money just goes to walmart account instead...