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Business Checking Accounts


Keep the focus on your business with a checking account designed for your everyday needs and ready to support every stage of growth. Whether you’re ramping up, already established, or preparing to take your business to the next level, you can choose the checking account that maximizes the momentum of your business.

Useful Links and Documents
Business Deposit Account Fee Schedule
Business Deposit Account Agreement

Business Checking Account Highlights

 

We offer a wealth of convenient options, designed to help your business.

Flexible
Flexible
A range of features to match your business transaction volume and activity.
Cost-effective
Cost-effective
Ways to waive your Monthly Fee, on every type of business checking account.
Rewarding
Rewarding
Benefits for growing your relationship with us.

Our Business Checking Accounts

We’ve got a checking account to meet the banking needs of your business. Plus, each account offers the added convenience of Business Online and Mobile Banking and a Santander Business Debit Mastercard. Explore your business checking account options using this comparison chart.

man with dolly in warehouse
Business Checking
man exiting an elevator
Business Checking Plus
Summary
An ideal everyday business checking solution
A premium account for businesses seeking the rewards of a larger banking relationship
Best Choice If You Have
  • Low to moderate transaction volumes and monthly balances
  • A need for multiple ways to waive your Monthly Fee
  • High transaction volumes and multiple checking accounts
  • Need for cash management services such as ACH or Wires
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 Fee
  • Maintain $5,000 average daily checking balance OR
  • $10,000 in combined business deposit balances OR
  • Receive one or more Santander Merchant Services payments in your account within the service fee period OR
  • Incur $50 or more in cash management service fees within the service fee period OR
  • Have 3 or more purchases using a Santander Business Debit Mastercard post into your account within the service fee period
  • Maintain $40,000 average daily checking balance OR
  • $60,000 in combined business deposit account balances OR
  • Receive one or more Santander Merchant Services payments in your account within the service fee period  OR
  • Incur $50 or more in cash management service fees within the service fee period
Free Checks?
25% off first check order
First Check order Free - Up to $100 in value

New Requirements for Opening a Checking Account.


To assist in the fight against financial crime, the U.S. Department of Treasury requires banks to now collect and verify certain information during the account opening process.

Ready to open up a checking account? You will need this information with you.

Statements

Business Information Required

  • Legal documentation for your Business with:
    • Business tax ID
    • Business address
    • The date your Business was established
  • If your Business information does not match your legal documentation, you will need the following:
    • First page of another bank statement
    • Utility bill
    • Current lease agreement

Individual/Owner Information Required

  • The following information for all owners of the business and any individual with significant responsibility (President, CFO, Managing Partner, etc.):
    • Name
    • Date of birth
    • Home address
    • Social Security number(or corresponding ID for non-U.S. Citizens)
  • Photo ID for any signer

Additional Accounts


Discover additional services that may benefit your business.

Analyzed Checking

Analyzed Checking

A smart choice for businesses with large balances and complex cash management needs.

Learn More

Specialty Accounts

Specialty Accounts

Improve efficiency and meet specialized business requirements with these convenient options. 

Learn More

Payments and Processing

Payments and Processing

Tools to help optimize your cash flow and safeguard against fraud.

Learn More

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, Business Interest Checking, Basic 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.

Santander Bank, N.A. is a Member FDIC and a wholly owned subsidiary of Banco Santander, S.A. ©   Santander Bank, N.A. All rights reserved. Santander, Santander Bank and the Flame Logo are registered trademarks of Banco Santander, S.A. or its subsidiaries in the United States or other countries. The Mastercard Brand Mark is a registered trademark of Mastercard International Incorporated. Quicken and QuickBooks, are trademarks of Intuit Inc., or one of its subsidiaries, in the United States and other countries. All other trademarks are the property of their respective owners.