My financial institution will not accept funds directly off of my ESA debit card. However I found a third party that will accept the funds and allow me to transfer the funds to my financial institution. Would this be approved?

No. Funds must go directly to the designated financial institution of your choice.  Cash advances, cashier’s checks/ money orders, or 3rd party entities such as PayPal, cannot be used to transfer funds at this time.

Posted in: 530 Coverdell