While looking through my collection of Tutorials I came across this tut for transparent text. It is old and the name on the tut was Kev.
Open your photo
Making sure your foreground color is white type in your text, better if the font is simple but don't be afraid to try different fonts.
go to layer styles>Bevels>simple emboss and apply
Now for some magic, change the blend mode of the text layer to Multiply
You now have transparent text
Tina B
Open your photo
Making sure your foreground color is white type in your text, better if the font is simple but don't be afraid to try different fonts.
go to layer styles>Bevels>simple emboss and apply
Now for some magic, change the blend mode of the text layer to Multiply
You now have transparent text
Tina B