FOR BUSINESS
TRANSACT
Designed for businesses looking to receive funds from clients and pay suppliers both domestically and abroad.
Medici's US dollar Demand Deposit Account (DDA) is available to businesses in over 180 countries. Pay and get paid in 30 currencies via domestic and international Wire, both online and by API.
Learn more
SAVE
Designed for your business' excess working cash that you hope to save and grow over time but need to have liquid. Medici's US dollar Saving Account (SAV) is available to businesses in over 180 countries. Instantly sweep funds from your DDA to your savings and back 24/7/365.
The Business Savings account is not a standalone-product.
You must already have an open Business DDA account, in order to add this product.
Learn more OPEN A SAVINGS ACCOUNT
FLOW
Save and use your money with the NOW account from Medici Bank. The
Negotiable Order of Withdrawal (or NOW for short) is a hybrid between a
savings account and a demand deposit account. You earn interest like a
savings account but without the transaction limits. Currently, the NOW pays
0.25% interest.
Learn more
GROW
Park your excess cash wealth in a business Certificate of Deposit (COD) ranging from 3 months to 1 year and earn up to 1.25% in interest. Minimum deposit of $100,000. Maximum up to $1M.
Learn more
POOL
Designed for financial service businesses looking to receive, hold, and send
money for the benefit of (FBO) their clients. The account holder legally owns
the account and the funds while the account holder’s client is the beneficial
owner of the funds. Pool funds can be held in a FDIC insured account (up to
$2.75M) and/or invested for yield as instructed by the account holder*
Learn more
TRUST
Designed for businesses looking to hold and invest their own money. Useful
when amounts are significant, and the client seeks a return without active
trading. Funds can be invested at client direction in thousands of financial
instruments from hundreds of institutions in markets around the world,
including FDIC insured accounts up to $2.75M.*
Learn more
ESCROW
Escrow is for principals that need to transfer funds between multiple parties with the
help of an unbiased intermediary. The Escrow account holder both legally and
beneficially owns the funds in the account and then ownership of the account, along with
its assets, transfers to the designated beneficiary upon satisfaction of mutually agreed
conditions of disbursement, which is determined by the Trust Officer. Often, on a large
or repeating two-party transaction, the seller and buyer will each open their own Trust
account and the Escrow will used to transfer funds from the buyer’s account to the
seller’s account. Funds are typically held in an FDIC insured account or, for very large
amounts, directly in Treasuries.
Learn more
Pricing that is
simple, sensible,
and transparent
- Account Opening Free
- Intrabank TransfersFree
- Wire Transfers $50 min*
- Initial Deposit $25,000
- Minimum Balance $10,000**
* Outbound Wire Fee is 0.10% of the amount sent, subject to $50 fee minimum
** or pay a $50 monthly fee
More information on pricing can be found here.
More business accounts coming soon:
Multi-Currency Account
Hold deposits in 8 major currencies including CHF, CNH, EUR, GBP, HKD, MXN, SGD, YEN,
Escrow & Custodial Account
Raise money & KYC investors from around the world; Settle trades instantly.
Equipment & Trade Financing
Lease capital equipment and borrow against inventory & receivables
FOR PERSONAL
Flow
Save and use your money with the NOW account from Medici Bank. The Negotiable Order of Withdrawal (or NOW for short) is a hybrid between a savings account and a demand deposit account. You earn interest like a savings account but without the transaction limits. Currently, the NOW pays 0.25% interest.
Please be advised that there is an initial deposit minimum of $25,000. A balance minimum of $10,000 is required, to avoid any monthly fees.
Learn more
Grow
Hold your wealth in US dollars in a Certificate of Deposit (CD) ranging from 6 months to 3 years and earn up to 2.25% in interest. Minimum deposit of $50,000, maximum $1M. These accounts are designed intentionally for international investors looking for "safe harbor" to hold cash assets.
Learn more
A suite of options to meet your needs.
| 6-month | 12-month | 18-month | 24-month | 36-month |
| $50k min | $50k min | $50k min | $50k min | $50k min |
| 1.50% APY | 2.00% APY | 2.25% APY | 2.00% APY | 1.75% APY |
More personal accounts coming soon:
Private Debt Investing
Invest directly in Private Debt Funds.
NOW Deposit Account
A demand deposit account that pays interest.
VC and PE Investing
Invest directly in Venture Capital Funds and Private Equity Funds.
Asset Backed Loans
Borrow against your marketable assets.
Medici Bank
