Can I deposit a business tax refund? Varo Bank Accounts are for personal transactions and not for business purposes. Therefore, we are unable to accept business tax refunds to Varo Accounts. For more details, please refer to the Varo Bank Account Agreement. Learn more about taxes here. Related articles When will I receive my tax refund? I just tried to take out cash at an out of network ATM but it was declined, even though I had enough in my account. Why? How do I get my tax refund direct deposited to my Varo Bank Account? How do I deposit a check? If my tax refund is a paper check, can I deposit it in the Varo app?