1*With Santander business checking accounts, you can avoid Monthly Fees by maintaining the indicated amount in average daily balance(s) or by completing any qualifying activity required for fee waiver during the statement period – excludes Commercial Money Market accounts. Account Analysis service fees are charged to your account in the current month for the prior calendar month’s activity and include but are not limited to fees for advanced payments and receivables services, some business online banking services, excess account activity, and cash/coin processing. The period that your Account Analysis statement represents may differ from your account statement period.
2Basic transactions include checks paid, teller deposits, ATM deposits, deposited items, and ACH items (electronic debits and credits not originated by customer, Santander® Check Deposit Link batch deposits, Santander® Check Deposit Link items processed, and Santander® Check Deposit Link ACH converted transactions). Santander Merchant Services (credit and debit card payment processing), Santander Payroll & HR Services, and ACH debit items are not included. For Business Checking the number of basic transactions included in your account is up to 300, then the charge is $0.60 each per transaction per month. The amount of cash deposit processing included in your account is up to $10,000 per month. Once your total monthly deposit exceeds $10,000 there is a $0.27 per $100 charge, unless Express Cash Pack® service is used then the charge is $0.22 per $100 deposit.
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