Banco Macro

Banco Macro is an Argentine bank that offers business accounts, bulk payments, eCheq and the corporate online banking service Banca Internet Empresas.

Accounts The Cuenta PyME is the package for small and medium-sized enterprises. The bank also lists a current account and a special current account, held in Argentine pesos or US dollars. The choice of account type depends on the company's payment needs and on whether it requires cheque facilities.

Online banking Banca Internet Empresas is the corporate online banking channel. It supports bulk payments, which let a company pay many suppliers or employees in one upload, and eCheq, the electronic cheque format used in Argentina. For finance teams this reduces paperwork and speeds up reconciliation.

Terms Introductory service periods are offered, and their length depends on the conditions under which the client connects. Monthly fees, minimum balances and eligibility criteria are not set out in the material provided. A company should ask the bank which account type includes the eCheq and bulk-payment functions, and what it costs after any introductory period ends. Businesses holding dollars should also confirm the rules applicable to the USD account.