Initiate Business Checking Account | Wells Fargo Small Business (2024)

Initiate Business Checking Account | Wells Fargo Small Business (1)

Anytime access with online and mobile banking
Text and email alerts to help you keep an eye on account activity
24/7 fraud monitoring and Zero Liability debit card protection

Best For

Ambitious business owners building a foundation
The most common business banking needs
Reliable financial support

Get Started

Monthly service fee
You can avoid the $10 monthly service fee with one of the following each fee period:

$500 minimum daily balance
$1,000 average ledger balance

Minimum opening deposit is $25. Provide later with required business documents when you apply online.

Apply online below or make an appointment to apply in person.

Quick view of account fees (PDF)

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Initiate Business Checking features

Support you can count on for a growing business with simple payment needs.

Initiate Business Checking fees

We want to make it easy for you to avoid service fees.

Monthly service

To avoid the $10 monthly service fee, maintain a $500 minimum daily balance or a $1,000 average ledger balance during the fee period.

Cash deposits

No cash deposit processing fee for the first $5,000 deposited per fee period. After $5,000, it's $.30 per $100 deposited.

Transactions fees

No transactions fee for the first 100 transactions per fee period. After 100, it's $0.50 each transaction.

Are your cash deposits or transactions higher than these monthly limits? Consider Navigate Business Checking®.

All business checking accounts include these benefits

24/7 fraud monitoring

Keep your contact information up-to-date so we can alert you if we notice certain unusual activity on your account.

Customized cards and checks

Reinforce your brand by adding your logo to checks and your business debit card.

Tap to pay

Use your contactless debit card or add to your digital wallet for fast, secure payments and Wells Fargo ATM access.

Manage account access

Enroll in online banking to review who has access to your business accounts, update authorizations, and manage users.

Account alerts

Enroll in Online Banking and set up alerts to help monitor your account balances and track recent purchases, cash withdrawals, and more.

Zero Liability protection

Report unauthorized debit card transactions promptly and your business won't be held responsible. No extra cost.

Mobile deposits

Deposit checks directly into your account using the Wells Fargo Mobile^® app.

Convenient payment options

Pay vendors, employees, and bills using our full range of payment services.

Help and resources

Small business resources
FAQs
How to switch banks

Other products

Business savings account
Wells Fargo Business Credit Card
Business lines of credit

Business services

Payroll services
Merchant services
Treasury management services for small businesses

Sign-up may be required. Availability may be affected by your mobile carrier's coverage area. Your mobile carrier's message and data rates may apply.

With Zero Liability protection, you will be reimbursed for promptly reported unauthorized card transactions, subject to certain conditions. Please see the applicable Wells Fargo account agreement or debit and ATM card terms and conditions for information on liability for unauthorized transactions.

Mobile deposit is only available through the Wells Fargo Mobile^® app on eligible mobile devices. Deposit limits and other restrictions apply. Some accounts are not eligible for mobile deposit. Availability may be affected by your mobile carrier's coverage area. Your mobile carrier's message and data rates may apply. See Wells Fargo’s Online Access Agreement and your applicable business account fee disclosures for other terms, conditions, and limitations.

Terms and conditions apply. Setup is required for transfers to other U.S. financial institutions, and verification may take 1–3 business days. Customers should refer to their other U.S. financial institutions for information about any potential fees charged by those institutions. Mobile carrier’s message and data rates may apply. See Wells Fargo’s Online Access Agreement for more information.

Enrollment in Wells Fargo Online^® Wires is subject to eligibility requirements, and terms and conditions apply. Applicable outgoing or incoming wire transfer service fees apply, unless waived by the terms of your account. Your mobile carrier’s message and data rates may apply. For more information, see the Wells Fargo Online Access Agreement and your applicable account fee disclosures for other terms, conditions, and limitations.

Transactions means all checks deposited, and all withdrawals or debits posted to your account, including paper and electronic, except debit card purchases and debit card payments.

Wells Fargo reserves the right to accept or reject any artwork, images, or logos. For example, any third-party trademarks, copyrighted materials, or name, image, and likeness of any public figures will not be approved.

Terms and conditions apply. Some (but not all) digital wallets require your device to be NFC (Near Field Communication) enabled and to have the separate wallet app available. Your mobile carrier’s message and data rates may apply.

Digital wallet access is available at Wells Fargo ATMs for Wells Fargo Debit Cards in Wells Fargo-supported digital wallets. Availability may be affected by your mobile carrier's coverage area. Your mobile carrier's message and data rates may apply. Some ATMs within secure locations may require a physical card for entry.

Payroll and HR services provided by ADP, Inc., which is not a subsidiary or an affiliate of Wells Fargo Bank, N.A. (Bank). ADP is solely responsible for its own content, product offerings, privacy, and security. ADP and RUN Powered by ADP are registered trademarks of ADP, Inc. and its affiliates. All other marks belong to their owners.

See the Business Account Fee and Information Schedule and Deposit Account Agreement for additional business account information.

Wells Fargo Bank, N.A. Member FDIC.

QSR-0523-04931

LRC-0523