Business Money Market

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Features
  • Access to Business Online Banking
  • Earns interest at a competitive rate
  • Choose paper or e-statements
  • Optional debit card for easy access
With M.Y. Safra Bank's Business Money Market account, your deposits grow at a premium rate while you maintain convenient access.
A perfect account for your company, M.Y. Safra Bank’s Business Money Market Account offers the ideal blend of growth and liquidity. Maximize the return on your company’s idle cash by earning a competitive interest rate without restricting the use of your assets. As your company grows, the Business Money Market account will continue to support your expansion and development.

Monitor your account through Business Online Banking or access funds with an optional debit card.
$100 minimum to open

For the Business Money Market account, the monthly maintenance fee of $10 is waived if the average monthly balance in the account is $5,000 or more.

The Money Market allows for limited "pre authorized" withdrawals. Pre-authorized withdrawals are withdrawals made by check, debit card payment to third parties, telephone, fax and withdrawal transfers via the internet. Withdrawals or transfers initiated at an ATM are not pre-authorized, and are unlimited. Exceeding 6 pre-authorized withdrawals per monthly statement cycle will lead to a $15 per item fee. In addition to this fee the account may be closed or converted to an account type which is not subject to withdrawal limitations.
Business Specialty Markets
M.Y. Safra Bank works closely with clients in various industries to identify specific needs and create account structures that accomplish clearly defined goals. 
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