Business Checking
The ideal everyday checking solution. Plus, you can easily add solutions for lending, merchant processing, and cash management.
Account features
Business Checking offers many features that make your banking simpler and cost-effective.
Basic transactions1
Enjoy up to 300 basic transactions included with your account (per service fee period) at no charge.
Discount on checks
25% discount on your first order of business checks.
Cash deposit processing
No fee on cash deposit processing up to $10,000 each service fee period.
Waived Monthly Fees2
Your $15 Monthly Fee is waived if you do any one of the following within the service fee period:
- Maintain $5,000 average daily balance in the checking account, OR
- Maintain $10,000 in combined business deposit account balances with same ownership, OR
- Have three or more purchases using a Santander® Business Debit Mastercard® post into your account, OR
- Receive one or more Santander Merchant Services payments in your account, OR
- Incur $50 or more in cash management service fees
Business Checking account benefits
Flexible
Account features to match your business transaction volume and activity.
Cost-effective
Various ways to waive your Monthly Fee.
Connected
Partnerships to help your business analyze sales data, improve cash management, and more.
See how our business checking options compare
| Business Checking | Business Checking Plus | |
| Summary | An ideal everyday business checking solution | A premium account for larger businesses that can maintain higher balances. |
| Best if you have |
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| Basic transactions1 included per Service Fee Period | 300, then $0.60 per transaction | 750, then $0.60 per transaction |
| Monthly fee | $15 | $50 |
| Ways to waive Monthly Fee2 |
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| Checkbook order | 25% off first check order | First check order free – up to $100 value |
| Cash Deposit Processing | No fee up to $10,000, then $0.27 per $100 of deposits | No fee up to $40,000, then $0.27 per $100 of deposits |
All the ways we help you bank better
The flexibility you need to do business while you're busy
Deposit with Mobile Check Deposit
Open the Business Mobile Banking App, sign the back of your check, take a picture of it, and your deposit is a go.
Access your digital banking tools
Make deposits or ACH payments, transfer funds, check balances, set different access levels for employees, and more.
Customized alerts
Enable alerts on account deposit(s), debit(s), low balance, incoming and outgoing wire payments, and more. Refine alert settings to your preferences.
Educational resources: Accounts
We’ll guide you on your financial journey.
Find Us
Branches across the Northeast and in Miami, Florida, plus 2,000+ ATMs.
1Basic transactions include checks paid, teller deposits, ATM deposits, Money Center deposits, deposited Items, and ACH items (electronic debits and credits not originated by customer). Santander Merchant Services (credit and debit card payment processing) and Santander Payroll Services ACH debit items are not included. Business Checking and Business Checking Plus basic transaction limits also include Santander Check Deposit Link batch deposits, Santander Check Deposit Link items processed, and Santander Check Deposit Link ACH converted transactions. Service Fee Period means the period beginning on the day regular service fees, such as monthly fees, are posted to your Account and ends on the day before service fees are next posted to your Account. This may not always be a calendar month.
2Avoid monthly maintenance fees by maintaining the required combined average daily balance in this account plus additional business checking and business money market savings (excluding commercial money market savings and certificates of deposit) owned by the same business entity. Only balances in these combined accounts owned by the same business entity can be considered when calculating the combined balance.