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Transact: The Business Account Built for Speed and Control

Jun 6, 2020

Companies need financial solutions that keep up with their pace — not slow them down.
Medici Bank’s TRANSACT Business Account was designed specifically for businesses that demand flexibility, control, and global reach.

Key Features of the TRANSACT Account

  • Multiple Authorized Users:
    Support for up to 25 users per account, allowing operational teams, finance managers, and executives to access and manage funds seamlessly.

  • Approval Hierarchies:
    Implement up to 3 levels of approval ("8-eyes" authorization) for sensitive transactions, ensuring compliance with your internal controls.

  • Flexible Limits:
    Customize user and approval limits — from as low as $0.01 to as high as $10 million — so you can tailor security and access based on your business needs.

  • Wire Transfers with No Ceiling:
    Send domestic and international wires with a minimum of just $25 — and no maximum limits.

  • Multi-Currency Deposits and Payments:
    Accept and send payments in major global currencies, streamlining cross-border operations.

Why Businesses Choose TRANSACT

Whether you're a startup scaling quickly, a multinational managing cash across regions, or an investment fund needing precise treasury management, TRANSACT offers:

  • Greater operational flexibility

  • Tighter financial controls

  • Faster domestic and international transactions

And all with the stability and security you expect from a compliance-first institution.

Ready to Move Faster?

Open a TRANSACT Business Account today and give your team the tools they need to move money confidently — wherever and whenever business demands.