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 A “Money Market” account is a savings account that allows unlimited number of transactions a month, offering higher interest rates than regular savings accounts. You can withdraw up to 6 transactions per month at a preferred rate and pay a surcharge for additional transactions within the same month. Please review our Tariff Manual for further details. With a minimum deposit of $25,000.00 USD you can open a Money Market Account (Corporate Saving Account) which will generate attractive interests and you will be able to use your funds at any time through electronic transfers.
BENEFITS
- Open Corporate Savings Account “Money Market” in a US Dollars from the convenience of your home or business in a quick, easy and secure way
- No maintenance cost for balances greater than $25,000.00 USD
- Earn attractive interests with no penalty when you use your funds
- The interest APY (Annual Percentage Yield) on your corporate savings ''Money Market'' account will be of 0.50%
- Get access to your account through our electronic banking system 24/7 and check your balance and account activity in real time
- Through our “Alerts” option, we will inform you in real time to your email on file every activity on your account
- Manage your funds through electronic transfers
- You can make unlimited up to 6 monthly wire transfers from your account
- You can reach us from Mexico by calling 1-787-300-3466 or through our web site
To open an account
- Complete the
Account Application and Customer Account Agreement
- Once you submit the information, you will automatically receive the W-8BEN-E form and the Signature Registration Card
- Kindly provide the information of these forms via PDF and return them to soporte.puertorico@kapital.com
- All signers on the account must complete the
Signature Form
- Before you submit the information to star the account opening process, we remind you to include
Requirements
- Verify the terms and conditions of this product in the fee schedule (
Money Market Account Rate
). For more information contact us at soporte.puertorico@kapital.com
Note: Other documents may be required during the account opening process.
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