1Mi Banco Business (MBB) has a monthly fee of $10.00. The fee will be charged to the account used for the initial registration with MBB. Mi Banco Business is available for Ideal Business® and B-Smart®. Additional registrations using the same account will not incur a fee. Requires an active ATH® card to register. Mi Banco Business consists of various modules that can be acquired based on the needs of your business. Each module entails different fees.
2Mobile Easy Deposit: service is free and only for customers with commercial deposit accounts in Banco Popular (Ideal Business® & B-Smart®) and available for customers selected according to the Bank’s eligibility criteria. Eligible clients of Mi Banco Online may deposit up to $5,000 per day and $15,000 per month (up to 10 checks daily and 50 monthly). Eligible clients of Mi Banco Business may deposit up to $25,000 per day and $50,000 per month (up to 20 checks daily and 50 monthly). Checks deposited before 6pm on working days will be processed the same working day. In the back of the check to be deposited, you must include: signature, account number and the phrase “For Deposit Only at BPPR”. Confirm that you have the Mobile Easy Deposit service in the menu of our mobile app. To use the service, you must update Mi Banco Online or Mi Banco Business app so that the option to deposit checks appears in the menu. Certain exceptions may apply. For details about the availability of funds, please refer to the Disclosure of Availability of Funds Deposited in Transaction Accounts (Regulation CC) in your Commercial Deposit Account Contract.
3Web 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 Business Banking Center.
These services are not available in countries that are subject to the U.S. Treasury Office of Foreign Assets Control (OFAC), commercial embargoes or economic sanctions.
4Free of charge. This service is not available for the AAdvantage Visa Business product.
5Limits must be kept within the business’ total line of credit. Regardless of the set limit, no card will have more transactional capacity than the approved corporate limit.