All Collections
FAQs
What if we already use money market funds (MMF)?
Do you integrate with my bank?
How risky is a Mayfair account?
How do I know you’re not misappropriating our funds?
Where can I access your terms of service?
How often do you update your rates?
Do you have business insurance?
Has a cash sweep product for enhanced FDIC insurance ever failed?
How do sweep deposit networks work?
Why should I use a cash account instead of government Treasury bills or bonds?
Has the FDIC ever failed to pay insurance?
What happens if a bank in the sweep network fails?
What happens if the sweep partner behind Mayfair fails?
What happens if the sponsor bank partner behind Mayfair fails?
What happens if the money transmitter behind Mayfair fails?
What happens if Mayfair fails?
How long has Mayfair been in business?
Can the account be used as a checking account?
How does Mayfair make money?
Why do you need my social security or passport number?
What is “KYC” and “KYB”?
How do I create another Mayfair entity account for another company?
Are your partner banks healthy?
How does the automated treasury management work?
How does Mayfair transfer my funds between accounts?
Do I need to change banks?
How does my bank account connect to Mayfair?
What banks connect to Mayfair?
How are my funds secured/protected?
Does Mayfair use my funds for investment?
What does the account opening process look like?
What is the minimum deposit amount?
How does Mayfair offer a higher APY than traditional banks?
What security certifications does Mayfair have?
Is Mayfair a bank?
Why is the yield not posting for a previous month?