When we hear about Wellness Bank The first thing that comes to mind is the provision of social support from the Federal government such as a pension, but this bank not only has this power, so in The Truth News we will tell you how much can be done in this one.
On its official website, Banco del Bienestar states that it is a National Credit Society, a Development Banking Institution, where it is the main disperser of social program resources.
But also, it promotes the use, design and promotion of technological innovation in order to seek better financial conditions and payment ecosystems for Mexicans whose access to banking services is non-existent.
What accounts does Banco del Bienestar offer?
Banco del Bienestar offers several types of accounts
Is a Wellness Bank savings account fixed term that grants yields according to a monthly installment. It works with minimum deposits of 50 pesos per month, and has periods of 6 to 36 months.
It is a savings account for children under 15 years of age, which works with minimum deposits of 30 pesos per month.
It is another savings account, which, instead of having terms of 6 to 36 months, has an indefinite validity, the money can be withdrawn when needed.
- Debit Account or Debit Card
It has the services of a Debit, but also the possibility of saving with interest in the future. It is contracted with 50 pesos, provides an account number and a PIN for you to carry out transactions online or in person.
An ideal account to receive your fortnightly payments, since it does not have an opening commission, in addition to having an agreement with Mastercard. It works as long as it does not exceed 165 minimum wages, that is, 34,277 pesos per month.
- Migrant Account | Express Debit
It is an account that works in pesos, with which people can pay money from abroad.
It is an investment account, which allows you to invest in Mexican financial instruments from 100 pesos, with terms from one month to 30 years.
- Promissory note with payable yield at maturity
It is “a fixed-term investment with yield payable at maturity… It allows you to plan the availability of your investment by offering various terms and attractive interest rates. It has the backing of the Federal Government.
It is a savings account for housing, in which Infonavit beneficiaries are guaranteed to obtain a loan. Credits of up to 2,217,700.67 pesos can be obtained, and the advantage of resorting to Banco del Bienestar is that you do not have to work two years to exercise your Infonavit credit.
Mortgage credit open to anyone who cannot fully or partially prove their jobs, so it is ideal for people who are engaged in informal employment and earn a minimum of five minimum wages per month, that is, one thousand 37 pesos.
It may interest you: How to check the balance in Banco Bienestar without going to the ATM?
What products and services does Banco del Bienestar offer?
Banco del Bienestar not only offers the payment of the pension.
It has products that adjust to the investment needs of each person considering the term, amount and liquidity required.
To open an account in the Wellness Bankyou only need to have a minimum of 50 pesos, a copy of some official identification, proof of address and be of legal age, except for the child account.
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