Any news about new VMI's Financial Institution ?

Upcoming Change in Financial Institution - 09/15/2008

We have been busy making arrangements for an upcoming change in financial institutions. As you can no doubt appreciate, this is a very involved and complex process. We have been seeking a good relationship that will benefit both the company and our many valued Cardholders.

Commencing on September 27, 2008, Virtual Money card transactions will no longer be processed through Arkansas Valley State Bank. In coming days, Virtual Money will be pleased to announce its new bank partner.

Until all the arrangements are finalized and the transition process to a new financial institution is completed, we will need to temporarily limit certain payroll load options.

As a side effect of this transition, Direct Deposit (Payroll) transactions will be suspended after September 27, 2008. As soon as our new systems are in place with our new banking partner, we will make this information available on our web site. We regret any inconvenience this may cause.

If you currently fund your Card via Direct Deposit (Payroll) transactions, you will need to inform your employer of this change as soon as possible.

Please be assured that any and all funds held on the Virtual MoneyÂ® Cardâ„¢ are safe and secure. Funds can continue to be withdrawn at more than one million ATMs worldwide.

We will notify you promptly about any other changes in the future.

We sincerely regret any inconvenience that may be caused during this transition period. We appreciate your business and thank you for your understanding and support as we make these necessary changes.
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New Financian Institution was supposed to be announced 3 days ago. Still no news from them. Anyone got infos ?

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Any news about new VMI's Financial Institution ?

IsMaeLG Member

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Any news about new VMI's Financial Institution ?

IsMaeLG Member

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