Custodial Account
The Business Custody Accounts (DCA) are for entities looking to hold US treasuries, FDIC-insured balances up to $2.75M, or other securities in an investment portfolio in custody with a fiduciary that will follow instructions rather than pitch investment ideas.
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FAQ's
Answers to common questions
What is Medici Bank?
Medici Bank is a fully licensed deposit-taking financial institution based in the USA. Founded in 2016 as Choice Financial, the bank was acquired in 2019, rebranded to Medici Bank and relaunched in 2020. Medici Bank offers bank accounts to individuals and businesses, and embedded banking as a service solutions to brands.
How is Medici Bank regulated?
How is Compliance handled?
Are the deposits insured?
What are the bank's hours of operation?