Here’s how to switch Maya Enterprise Wallet to Maya Business Deposit
MAYA BUSINESS DEPOSIT – This article will teach you how to switch Enterprise Wallet to Business Deposit.
Maya Business Deposit simplifies money management for businesses of any size with a single account. It is a fully digital deposit product that is powered by Maya Bank, Inc.
Maya Bank, Inc. 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 for every depositor.
With this deposit product, it lets you receive sales revenues, transfer funds to any e-wallet or bank through InstaPay or PESONet, disburse salaries and benefits to employees, and earn an interest of 2.5% per annum.
No initial deposit needed to open your account on this deposit product. Also, no minimum deposit balance is required for your Business Deposit account.
Here’s how to switch Enterprise Wallet to Business Deposit:
The first step is to log into your Maya Business Manager account and click Convert to Business Deposit icon on the top part of the screen. From there, you need to simply follow the instructions and submit the requirements.
Keep in mind that your account will be activated in three business days provided that you have completed the requirements. Also, the available balance in your Maya Enterprise Wallet will then be transferred soon after.
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