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Reimbursement Anticipation Checks

Reimbursement Anticipation Checks Refund anticipation checks (RACs) are another tax-time product that is financial by RAL banks in addition to other banking institutions. With RACs, the lender starts a bank that is temporary into that the IRS direct deposits the reimbursement check. After the reimbursement is deposited, the financial institution problems the customer a paper …

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