A business checking account that evolves with you.
Business Plus Checking from M&T gives you the flexibility, tools, and support to scale your business—no matter where you're headed.
Banking made for business helps you do more
Growth support
Scale efficiently with access to expansion funding, cash flow management tools, and payment solutions backed by industry experts.
Transparent pricing & low fees
Keep account management simple with transactions flexibility, benefits, low fees, and straightforward requirements to waive.
Fraud protection & security features
Enjoy peace of mind in every transaction with advanced card security features that creat ea secure banking environment.
Personalized customer service
Leverage relationship benefits with special pricing on Merchant Services, fee waivers, and expert knowledge of local markets.
Fuel your business growth
Unlock greater financial flexibility with features designed to support your growing business, from higher transaction limited to enhanced fee waivers.
- $15 monthly maintenance fee waived for the first 3 months{{d957*}}
- No charge for the first 250 transaction per month. {{d1357*}}
- $5,000 included cash deposits{{d489*}}
Ways to waive the monthly maintenance fee{{d957*}}
- the Average Ledger Balance is $7,500.00 or more;
- One or more merchant services deposits are made during the statement cycle;
- $500 or more in purchases are made on a linked M&T Business Credit Card;
- 30 or more purchases are made with the linked M&T Visa® Debit Card(s)
Simplify payment processing with merchant services
Link your merchant services to your business checking account to waive the monthly maintenance fee and get paid faster.
Enhance your business operation with:
Payment Processing
Payment terminals or software
Payment Processing
Fraud protection
Reporting tools
SOLUTIONS AVAILABLE WITH ALL ACCOUNT TYPES
No matter which business checking account you choose, you'll benefit from seamless integration with a range of solutions designed to support your business's needs.
Cash Flow Management
Optimize cash flow with solutions to help support day-to-day operations.
Customized Debit Card
Personalize your debit card to match your business.{{d1313*}}
Merchant Services
Easily accept payments and manage transactions.{{d219*}}
Business Financing
Learn about financing options that work for your business{{d231*}}.
Business Plus Checking Fees
FEE
DETAILS
Monthly Maintenance Fee
$15.00
Additional Transaction Items Fee
$0.75 per transaction item, in excess of first 250 checks paid, checks deposited, deposited tickets (whether physical or create virtually in connection with an ATM, mobile, remote check deposit, or other electronic deposit), ACH credits received(not generated by the customer), and ACH debits received (not generated by the customer). ATM cash deposits are not considered a transaction item.
Monthly Paper Statement Fee
$3.00. Waived for the first 3 months upon account opening; waived if account is enrolled in electronic delivery and does not receive paper statement thereafter.{{d1324*}}
Additional Currency Deposited or Supplied{{d489*}}
Fees for additional currency deposited or supplied (including deposits completed at an M&T ATM) are $0.27/$100.
Ready to open a Business Plus Checking account?
Please prepare the following:
- Your SSN, personal address, email address & mobile phone number
- Your business's Taxpayer Identification Number (EIN, SSN, ITIN)
- Name, email address and mobile phone number or owner who has 100% ownership of the company
Advanced tools and expertise to drive expansion
Explore tailored advice, advanced tools, and industry insights designed to help you streamline your operations, expand your market presence, and reach new milestones as your business scales.
Integrated online banking for your growing business
Manage your business effortlessly with integrate online and mobile banking tools designed to streamline operations. Enjoy priority service and access to a dedicated relationship manager for personalized support whenever you need it.
- Transfer funds
- Card management tools
- Mobile bill pay
- Mobile check deposit
Top business checking questions, answered by our experts.
A small business checking account is a type of business account tailored to the needs of small businesses, freelancers and entrepreneurs to help manage day-to-day finances efficiently. While similar to a general business checking account, small business checking accounts often come with features and fee structures that accommodate smaller budgets and lower transaction volumes.
Using a business checking account for your small business offers several important benefits:
- Separates business and personal finances
- Pay vendors, employees and other stakeholders under your business name, creating a more professional impression
- Enhanced financial management with transaction records, monthly statements and simplifies bookkeeping.
- Supports business growth as business checking accounts often include access to additional services for small businesses, such as Merchant Services and Business Credit Cards.
- Reducing your tax liability with clear records of your business expenses.
To open a business checking account, you’ll need the following documentation:
- Personal Identification: All applicants must provide two (2) primary forms of identification OR one (1) primary and two (2) secondary forms of ID
- Owner/Signer Information: Full legal name, address, date of birth, country(ies) of citizenship, country of residence, % of ownership (only for owners), Social Security Number
- Business Documentation - Learn More
You can apply online or in-person at an M&T Branch.
Yes, M&T Bank allows you to open a small business checking account online. The process is designed to be straightforward and typically takes about 10 minutes. Open Online
