Business Payments3 makes it easier to pay your payroll and supplier payments, letting you make payments from any computer or smartphone with access to the Internet 24/7 through the Mi Banco Comercial service4.
Make payroll payments to employees and supplier payments with accounts in most financial institutions5.
Process fixed, variable or future payments on the date you specify.
Authentication with a unique code for greater security in your transactions.
Obtain confirmation of the payroll payments in the payroll receipts section.
E-Payables6 provides a site on the Internet where you can import information from your accounting system to make payments to your suppliers, either through direct deposit or by check.
Reduce operational costs and fraud risk.
Ease the account reconciliation process.
Make payments to suppliers at any financial institution that is part of the ACH network.
Product offered by Banco Popular de Puerto Rico. Member FDIC.
1Popular Business Solutions commercial products and services entail monthly charges and/or transaction volume charges according to the product or service purchased. For information and price details of commercial products and services, you may contact the Commercial Support Center at 787-756-3939 or your Relationship Officer.
2Popular Business Access consists of various modules that can be acquired based on the needs of your business. Each module entails different fees, which may vary based on the modules selected. For additional information on the costs, contact your relationship officer or the Commercial Support Center at 787-756-3939 or 1-855-756-3939. This service is not available in countries that are subject to the U.S. Treasury Office of Foreign Assets Control (OFAC), commercial embargoes or economic sanctions.
3The Business Payments service has a limit of one account per enrollment in Mi Banco Comercial. It entails a monthly charge of $5.00 and $0.40 charge per transaction in the account registered in the service. The service fee for the originated and received transactions is subject to the municipal sales and use tax (1%) and the state sales and use tax (10.5%). The account must have funds available before originating the payments. Returned transactions will incur a fee of $2.00 each. For your security, the 2-Step Verification Service must be activated.
4There is a $10 monthly fee for Mi Banco Comercial. The fee will be billed to the account used for the initial registration with Mi Banco Comercial. Additional registrations using the same account will not incur fees. Registration requires an active ATH® card. This service is not available in countries that are subject to the U.S. Office of Foreign Assets Control (OFAC), commercial embargos or economic sanctions programs.
5
There may be institutions not affiliated with the service. Payments are subject to the availability of funds in your account
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Insurance products and services are offered by Popular Insurance LLC (“Popular Insurance”), a subsidiary of Popular, Inc. (“Popular”) and an affiliate of Banco Popular de Puerto Rico (“BPPR”).
Popular Insurance is a General Agency and Authorized Representative duly authorized by the Puerto Rico Insurance Commissioner’s Office to offer and sell life, variable life, variable annuities, disability, property and casualty, and title insurance and health related employee benefit services in Puerto Rico.
Insurance products are not deposits, are not insured by the FDIC or other Federal Government Agencies, and are not guaranteed by BPPR or any of its affiliates, including Popular.
Popular and BPPR do not offer, underwrite issue or sell insurance products.
If you acquire a travel insurance policy, the policy will be underwritten and issued by Chubb Insurance Company of Puerto Rico, a subsidiary of Chubb.
Chubb is not affiliated to Popular, Inc., Popular Insurance or BPPR.
Popular, Popular Insurance and/or BPPR are not responsible for the accuracy or content of the information contained in Chubb’s website and no guarantee is given that the information provided in such linked website is correct, complete, and up-to-date.
Popular, BPPR and Popular Insurance expressly disclaim all liability for damages of any kind, reference to, or reliance upon any information contained in the linked website.
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Credit Reporting Disputes
You have the right to dispute the accuracy of the credit information we have reported by writing to us and describing the specific information that is inaccurate or in dispute, and the basis for any dispute with supporting documentation, to the address below.
Banco Popular de Puerto Rico PO Box 71589San Juan PR 00936
Please write a letter with the following information:
Full name
Mailing address
Account number in question
Date of birth
A detailed description of the issue and the desire resolution.
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