Santander Bank operates about 650 retail banking offices and over 2,000 ATMs. Their business offerings include business checking and savings, lending services, cash management, payments & processing, merchant services, and international services. They have an A- BBB rating and a mix of positive and negative reviews online.
Santander Bank Business Checking Rates & Fees
|Monthly Fee||$15 per month, to avoid fee:|
Maintain $5,000 average daily checking balance
$10,000 in combined business deposit balances
Deposit one or more Santander Merchant Services payments in your account
Incur $50 or more in cash management service fees
Make 3 debit card purchases with your Santander Business Debit MasterCard
|Minimum Balance Requirement||Maintain $5,000 average daily checking balance |
$10,000 in combined business deposit balances to avoid fee
|Transaction Fee||Free for first 300, then $0.60 per transaction|
|Wire Transfer Fee||Incoming (Domestic / International): $15.00|
Outgoing (Domestic): $27.00
Outgoing (International): $31.00 - $40.00
|Cash Deposit Fee||Free for first $10,000 per month, $0.27 per $100 thereafter|
|Overdraft Fee||$35 per item, maximum of 6 items per day|
Sustained overdraft fee: $35 (charged on the 6th business day)
|ATM Fee||Non-Santander ATM transactions|
Balance inquiry: $2.00
Domestic withdrawal: $3.00
International withdrawal: $6.00
Santander Bank Network
Santander Bank has over 600 branches and more than 2,000 Santander ATMs. You can use their branch locator to see what locations are closest to you.
Santander Bank Additional Business Banking Services
Santander Bank also offers the following business services: online & mobile banking, savings & money market accounts, business, real estate, and other types of loans, wealth management, business line of credits, and more. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
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