Here’s what you need to know about Maya Business Deposit
MAYA BUSINESS DEPOSIT – This article will teach you about Maya Bank’s fully digital deposit product for Maya Business clients.
The Maya Business Deposit is a fully digital deposit product for Maya Business clients. This product simplifies money management for businesses of any size with a single account.
Maya Bank, Inc., on the other hand, is regulated by the BSP (Bangko Sentral ng Pilipinas) and deposits are insured by the PDIC (Philippine Deposit Insurance Corporation) up to PHP 500,000 per depositor.
With this product, you can receive sales revenues, transfer funds to any e-wallet or bank through PESONet or InstaPay, disburse benefits and salaries to employees, and earn an interest of 2.5% per annum.
According to Maya, the earned interest will then be credited to your account at the beginning of each month subject to applicable taxes.
Business Deposit Interest Rate
Your account can earn an interest of 2.5% per annum for end-of-day balances up to PHP 750,000,000.00, which is accrued daily but awarded on the 1st day of the succeeding month.
However, the changes on interest rates will be announced by Maya Bank and will take effect immediately.
If you have queries or clarifications on your transactions, you need to click the Frequently Asked Questions (FAQs) at the bottom of the screen on your dashboard or visit https://support.mayabank.ph/s/maya-business.
You can also contact [email protected] or also call Maya’s merchant hotline (632) 8845 7700, toll-free 1-800-1888-6571 via PLDT landline. Maya Business Support is available to answer your queries or clarifications every Monday to Friday from 9:00 AM to 6:00 PM (GMT +8).
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