Project Description
Checking Accounts
For individuals
Personal checking accounts with highly competitive interest rates that increase as your account balance increases. This will allow opportunities for greater yield on your demand deposits. The account will begin generating interest when your balance reaches $25,000. However, there are no fees associated with lower balances.

Benefits
Interest: Interest yield will be greater as your account balance increases
Transfers: Transfer funds within your own accounts as well as to other banks
Schedule:National and International service payments (Restrictions may apply)
Financial instruments: Checks, Debit Cards, E-checks, and wire transfers
Tailor-made customer service: We offer a personalized service for quick, direct, personalized solutions to any concerns you might have
INDIVIDUAL PROFESSIONAL ACCOUNTS
Supporting you along the way

Benefits
- The account may be opened with a primary user and an authorized user
You may request a debit card and secured credit card
You will have access to the Pipol Pay platform so you can send and receive funds
Same transaction fees as personal checking accounts
BENEFICIARY ACCOUNTS
Immediate distribution of funds
While the primary user is alive, the beneficiaries do not hold any rights to the account and cannot access it. They will not have access to any information on funds deposited in the account. The account consists only of a primary user with no authorized users.

Benefits:
No need for additional documents e.g. a Trust
- No additional costs
Confidential. Does not require you to give notice to beneficiaries that the account exists
No additional ID requirements
Distribution of funds is automatic, and no court order is required
In case of the account holder’s death, funds are automatically and quickly disbursed amongst beneficiaries
The primary user can rest assured that their wishes will be managed by the financial institution
ACCOUNTS FOR MINORS
Teach your children about financial responsibility

Benefits
Easily transfer funds from any FACEBANK account to you children’s account, the funds will be immediately available to use with a debit card
Access to cash anywhere in the world using a Mastercard ATM
Credit cards report to US credit bureaus. This allows the user to start building credit without needing a social security number