Save time, avoid lines and optimize cash flow in your business with our deposit services.
Mobile Easy Deposit1
Use your smartphone or tablet to deposit checks through the Mi Banco Mobile app just by taking a photo.
- Free of charges for users of Mi Banco Comercial2 and Mi Banco Online
- Deposit 24/7 from anywhere
- Receive confirmation of your deposit by email
Popular Virtual Vault
A service that provides you with the convenience of a daily provisional credit for cash in the lock box located in the premises of the commercial customer business 3.
- Increase cash flow and operational efficiency.
- Reduce trips to the branch with cash receipts by armored vehicles4.
- Provide greater security for the funds placed in the safe deposit boxes in case of external theft, armed robbery, flood or fire5.
We credit your account with the overnight deposits left at our branches. This service provides you with the peace of mind of knowing that your deposits will be made first thing in the morning of the following business day and eliminates the need to stand in line to cash or deposit checks.
Allows you to deposit your checks without having to go to the bank. You will be able to scan and create an image of the check to be deposited using a computer and a scanner located at your office. An electronic check image file is submitted through the Internet 6.
- Make deposits without going to a branch
- Checks are automatically endorsed
- Save check images for future reference
Popular Deposit Trace (PDT)
Provides your company the convenience of managing business deposits and cash requisitions via Internet.
- Increases cash flow for your business
- Provides detailed reports of all deposits
- Reduces adjustments and minimizes manual errors
- Accessible from any place with Internet access
- Improves operational efficiency for the management of your deposits
1Mobile Easy Deposit: Service is free and only for customers with commercial deposit accounts in Banco Popular (FlexiCuenta de Negocios® & B-Smart®) and available for customers selected according to the Bank’s eligibility criteria. Eligible clients may deposit up to $5,000 per day and $15,000 per month (up to 10 checks daily and 50 monthly). Checks deposited before 6pm on working days will be processed the same working day. In the back of the check to be deposited, you must include: signature, account number and the phrase “For Deposit Only”. Confirm that you have the Mobile Easy Deposit service in the menu of our mobile app. Certain exceptions may apply. For details about the availability of funds, please refer to the Disclosure of Availability of Funds Deposited in Transaction Accounts (Regulation CC) in your Commercial Deposit Account Contract.
2Available for FlexiCuenta Negocios® and B-Smart® accounts. A monthly charge of $10.00 for registered clients will apply. Registration requires a valid ATH® card. This service is not available on countries that are subject to comprehensive U.S. Treasury (OFAC) trade embargoes or economic sanctions programs.
3Subject to the terms and conditions contained in the Business Accounts Deposit Contract and Popular Virtual Vault Appendix.
4Requires contracting for cash collection by the Loomis or Ranger armored car companies with a frequency of at least two (2) collections per week. This contract involves costs for the services of the armored car companies and rental of the intelligent safe deposit boxes and is subject to terms and conditions.
5Requires an insurance policy offered through the armored car company. For more information, contact the Business Banking Center at 787-756-3939.
6Availability of deposited checks subject to the Bank's Availability Policy.