With helpful tools to help manage cash flow and simplify payments, online business checking capabilities, and multiple ways to waive the Monthly Fee, it’s no wonder that Business Checking is our most economical account. Find out why it’s become an essential banking solution for tens of thousands of business owners.
Useful Links and Documents
Business Deposit Account Fee Schedule
Business Deposit Account Agreement
Your $15 Monthly Fee is waived if you do any one of the following within the statement period1:
These guidelines can help you determine whether Business Checking is the right fit for you.
You have low transaction volumes and want a simple business checking account that supports your daily banking needs.
Your business needs a checking account that can evolve as you grow.
You want the flexibility of multiple ways to waive the Monthly Fee.
Whatever you need, we’ve got a checking account that makes sense for your business. Plus, every account offers the added convenience of Business Online Business and Mobile Business Banking and a Santander® Business Debit Mastercard®. Explore your options using this comparison chart.
 Basic Business Checking |
 Business Checking |
 Business Checking Plus |
|
|---|---|---|---|
| Summary | Our no frills, lowest-cost business checking option | An ideal everyday business checking solution | A premium account for businesses seeking the rewards of a larger banking relationship |
| Best Choice If You Have |
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| Transactions Included Per Month |
50*, then $0.60 per transaction | 300*, then $0.60 per transaction | 750*, then $0.60 per transaction |
| Monthly Fee | $7.50 | $15 | $50 |
| Ways to Waive Monthly Fee |
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| Free Checks? |
25% off first check order | 25% off first check order | First Check order Free - Up to $100 in value |
| Learn more Get in touch | Learn more Get in touch | Learn more Get in touch |
Business Checking offers many features that make your banking simpler and cost-effective:
Enjoy up to 300 basic transactions included with your account, per statement period.1
No fee on cash deposit processing up to $10,000 each statement period5
Please, tell us where you live so we can give you accurate rate and fee information for your location.
Any accounts opened online will be assigned to the branch closest to your residential zip code, and will receive the interest rates and APYs available at that branch.
Discover additional services that may benefit your business.
Lending Options
We make it easy to borrow the funds you need to fuel your growth.
Merchant Services
Provide your customers convenient and secure payment methods — in store or online.
Payments and Processing
Tools to help optimize your cash flow and safeguard against fraud.
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, Check Deposit Link items processed, and Santander Check Deposit Link ACH converted transactions.
2Avoid monthly maintenance fees by maintaining the required combined average daily ledger balance in this account plus additional business checking, money market savings (excluding Commercial Money Market Savings), and savings accounts 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.
3A payment from Santander Merchant Services deposited during the statement period to a Business Checking or Business Checking Plus account will waive the Monthly Fee for that checking account.
4Cash management (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 can be different than your deposit account statement period.
5The amount of cash deposit processing included in your account is up to $10,000 per statement period. Once your total deposit exceeds $10,000 there is a $0.27 charge per $100, unless Express Cash Pack® service is used then the charge is $0.22 per $100 deposit.
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