For customers who have Ideal Business® and B-Smart® accounts with an activated ATH® card.
For customers who have commercial accounts with or without an activated ATH® card.
Services offered by Banco Popular de Puerto Rico. Member FDIC, except BVI.
Popular Business Solutions commercial products and services entail monthly charges and/or transaction volume charges according to the product or servicepurchased. For information and price details of commercial products and services, you may contact the Commercial Support Center at 787-756-3939, your Relationship Officer.
2 The Business Payments service has a limit of one account per enrollment in Mi Banco Business. It entails a monthly charge of $5.00 and $0.40 charge per transaction in the account registered in the service. The account must have funds available before originating the payments. Returned transactions will incur a fee of $2.00 each. For your security, the 2-Step Verification Service must be activated. This service is not available in the British Virgin Islands.
3 Mi Banco Business entails a monthly fee of $10.00. The charge will be billed to the account used for the initial registration of Mi Banco Business. Additional records using the same account will not have charges. Registration requires an active ATH® card. This service is not available in countries that are subject to the Office of Foreign Assets Control (OFAC), commercial embargoes or economic sanctions programs.
4 The ACH module service of Web Cash Manager℠ entails fee charges. This service is not available on countries that are subject to comprehensive U.S. Treasury (OFAC) trade embargoes or economic sanctions programs.
5 Web Cash Manager consists of various modules that can be acquired based on the needs of your business. Each module entails different fees, which may vary based on the modules selected. For additional information on the costs, contact your relationship officer or the Commercial Support Center. This service is not available in countries that are subject to the U.S. Treasury Office of Foreign Assets Control (OFAC), commercial embargoes or economic sanctions.
6 The Same Day ACH service entails a $1.00 fee for each originated and qualifying transaction. ACH is the acronym for transactions processed through NACHA, The Electronic Payments Network. It does not apply transactions originated through Mi Banco Business and its Business Payments module. Only for files submitted for payment before 1:00 p.m. AST (Atlantic Standard Time) and for $100,000 or less. The daily and per-transaction monetary limit varies for each business customer according to the limits established at the time when the service was contracted. This service is not available in countries that are subject to the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), trade embargoes, or economic sanctions programs.