Basic Business Checking
$7.50 monthly maintenance fee.
50 basic transactions free each month**
$7,500 in cash deposit processing per month at no extra charge***
Monthly fee waived with $1,500 average daily ledger balance in business checking.
Also available with Business Basic Checking:
- Santander Business Debit MasterCard®
- Business Online Banking with BillPay
- Business Money Market Savings account
** Transactions include checks paid, teller deposits, ATM deposits, deposited items, and ACH items (electronic debits and credits not originated by customer, Onsite Check Deposit batch deposits, Onsite Check Deposit items processed, and Onsite Check Deposit ACH converted transactions). Santander Merchant Services (credit and debit card payment processing), Santander Payroll & HR Services, and ACH debit items are not included.
*** Each month, up to $7,500 in cash may be deposited to Basic Business Checking at no charge. Cash Deposits exceeding the monthly threshold will be assessed a charge of $0.22 per $100 for Express Pack® deposits and $0.27 per $100 for non-express Cash Pack deposits. In the case of excessive cash deposits, Santander reserves the right to transfer you to an account with more appropriate cash handling services.