Zelle account full review
"The Impact of Social Media on Society"
Discover the Benefits of Having a Plus International Bank Zelle Account
Zelle is a convenient and secure way to transfer funds between various U.S. bank accounts within minutes. By using an email address or a U.S. mobile phone number, you can easily send money to trusted individuals regardless of their bank affiliation.
Plus International Bank, located at 600 Brickell Avenue in Miami’s financial district, provides Zelle account services. As a licensed member of the State of Florida Department of Banking and Finance and insured by the FDIC, Plus International Bank ensures the safety of your deposits. Individual accounts are insured for up to $250,000, and joint accounts are insured for up to $500,000.
Aside from Zelle, Plus International Bank offers a comprehensive range of financial services designed to meet the needs of both domestic and international clients.
How to Use Zelle
Using Zelle is simple and straightforward. Here’s how:
- Select a person from your phone’s contact list or provide a trusted recipient’s U.S. mobile phone number or email address.
- Enter the amount you want to transfer along with an optional memo, review the details, and tap “Send”.
Typically, your recipient will receive the funds within minutes of the transaction.
It’s important to note that neither Plus International Bank nor Zelle offers a protection program for authorized payments made through Zelle. Therefore, it’s advisable to use Zelle to send money only to people you trust and for transactions that you are confident in.
Sending Money to Non-Zelle Users
If your recipient’s bank or credit union does not offer Zelle, they can still access the service by downloading the Zelle app on their Android or iOS device. The list of affiliated banks and credit unions is constantly expanding.
To sign up for Zelle, the recipient needs to provide their basic contact information, U.S. mobile number, email address, and a Visa or Mastercard debit card linked to a U.S.-based account (excluding U.S. territories).
It’s worth noting that Zelle does not accept debit cards from international deposit accounts or credit cards.
Advantages and Disadvantages of a Zelle Account
Zelle offers several advantages, including fast and fee-free transactions, prioritized security, and compatibility with various banking apps. However, it’s essential to make payments only to trusted individuals and stores as there is no fraud protection for Zelle transactions.
Here are some pros and cons of having a Zelle account with Plus International Bank:
Pros
- Free and fast transactions.
- Secure and protected payments.
- Compatible with numerous banking applications.
- No need for the recipient’s banking details.
- No receiving limits.
Cons
- No fraud protection.
- No credit card fund transfers.
- Only supports U.S.-based bank accounts.
- Some payments cannot be canceled.
- Limits on the amount of payment that can be made.
Requirements for Opening a Zelle Account with Plus International Bank
To open a Zelle account, you need a bank account with Plus International Bank. You can access your account through your bank’s website or mobile app or directly through Zelle.
To register on the Zelle app, provide your basic contact details, including a U.S. mobile number, email address, and a Visa or Mastercard debit card linked to a U.S.-based account.
How to Apply for a Plus International Bank Zelle Account
Zelle offers a fast, secure, and user-friendly money transfer service. To apply for a Zelle account with Plus International Bank, simply click the green button below and follow the instructions.
