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 What’s the difference between Varo and Varo Bank? Aren’t you already a bank? How do I deposit a check? Social Media Accounts and Fraud/Scam Prevention How do I get my tax refund direct deposited to my Varo Bank Account? Can I deposit cash into my bank or savings account?