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Additional Information
For additional information call TeleBanco Popular ® .
787-724-3650 787-724-3659
IRA Exenta: Principal and interest are insured by the FDIC up to the maximum amount permitted by law. Certain restrictions apply. Once the instrument is opened, no additional deposits or withdrawals are allowed until the maturity date. Interest is calculated daily on the daily balance and credited monthly. The method used to calculate interest is the daily balance method. This method applies the daily periodic rate to the account’s principal each day. When the opening or deposit is made by means of items (e.g., checks), interest begins to accrue on the business day the transaction is made. Renewal is automatic at maturity for periods of equal duration and applies the rate in effect at the time of renewal. There are no grace periods for IRA renewals. Penalties for withdrawals or cancellations before maturity are equivalent to 180 days of interest.
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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 71589 San Juan PR 00936
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