Business
Demand Deposit
For businesses looking to receive funds from clients and to pay suppliers both domestically and abroad.
Multiple users,
multiple approvers,
and custom limits
Business accounts can support up to 25 users and approvers.
You can add up to 3 levels of approvers, so you can have up to “8-eyes” on your most important payments.
User and approve limits are fully customizable from $0.01 to up to $10 million.
We can take deposits, and make payments, in all major currencies
Open Your Account in Minutes!
FAQ's
Answers to common questions
What is Medici Bank?
Medici Bank is a fully licensed deposit-taking financial institution based in the USA. The bank was founded in 2016 and received our bank license in 2017. After being acquired in 2019, Medici Bank relaunched in 2020 and offers business accounts and consumer time deposits (CDs).
Is Medici Bank a regulated Institution?
Who handles compliance?
Are the deposits insured?
What are the bank's hours of operation?