# CITIBUSINESS Streamlined Checking — Citibank, N.A.

**Monthly Fee:** $15/month (waivable with avg daily collected balance of $5,000 or more)
**Free Transactions:** 250/month (Checks Paid, Deposit Tickets, Deposited Items, ACH Debits, ACH Credits); $0.45/item above limit
**Minimum Opening Deposit:** $1
**Application Method:** Branch only — in-person application required at a Citibank location
**Entity Types Accepted:** Sole Proprietorship, LLC, S-Corp, C-Corp, Partnership, Nonprofit
**FDIC Insured:** Yes — up to $250,000 per depositor per ownership category
**Availability:** All 50 U.S. states
**Apply:** https://bancadia.com/go/citibank/streamlined-checking

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## Key Features

### Payment Rails
- ACH Credit/Debits included as basic transactions (first 250/month included, then $0.45 each)
- Same-Day ACH available for $0.75 per transaction
- Zelle fully supported with no fee

### Online Banking
- Manage your business finances anywhere, anytime with your desktop, tablet or phone via CitiBusiness Online

### Fraud Protection
- Positive Pay available — protect against losses from unauthorized check activity

### Account Management
- CitiBusiness Safety Check Transfer: automatically transfer funds from a linked account or credit line to cover overdrafts at no transfer fee

### Cash Management & Services
- Cash management services available — Remote Deposit Capture via CitiBusiness Mobile Deposit and CitiBusiness Lockbox
- Payroll and HR Services available
- Trade services available for simplifying import and export transactions

### Cards & ATM
- Standard debit cards available for owners and employees
- ATM Network: Allpoint + Cardtronics

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## Fee Schedule

| Fee Type | Amount | Notes |
|----------|--------|-------|
| Monthly Maintenance | $15/month | Waivable: maintain avg daily collected balance of $5,000+ |
| Excess Transaction | $0.45/item above 250 | Applies to Checks Paid, Deposit Tickets, Deposited Items, ACH Debits, ACH Credits |
| Overdraft | $35/item | Capped at $140/day; negative balance accrues interest at Prime +3%/yr; Safety Check Transfer available |
| Domestic Wire (Outgoing) — Online | $17 | Via CitiBusiness Online |
| Domestic Wire (Outgoing) — Branch | $55 | Via banker |
| Domestic Wire (Incoming) | $15 | No domestic/international distinction |
| International Wire (Outgoing) — Online | $27 | Via CitiBusiness Online |
| International Wire (Outgoing) — Branch | $65 | Via banker |
| International Wire (Incoming) | $15 | No domestic/international distinction |
| Cash Deposit | $0 first $5,000/month; $0.35 per $100 above | No cap on total monthly cash deposits |
| Returned Item | $12/item | Deposited check returned unpaid |
| Stop Payment — Online | $20 | Via CitiBusiness Online |
| Stop Payment — Branch | $35 | Via banker |
| Foreign Check Collection | $45/item | Non-US checks |
| Clerical Research | $40/hour | Account history or transaction research requests |
| Legal Process Compliance | $125/item | Levies, subpoenas, garnishments |

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## Eligibility

- Sole Proprietorship
- LLC
- S-Corp
- C-Corp
- Partnership
- Nonprofit
- U.S.-based business required
- No minimum time in business required
- No minimum annual revenue required
- Account opening requires in-person visit to a Citibank branch

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## Who Is This Account Best For?

### High-Volume Retail or Food Service Businesses (LLCs and Partnerships)
A retail shop or food service business organized as an LLC or partnership that processes 150–250 transactions per month — checks paid, deposit tickets, and ACH debits and credits combined. The 250 free basic transaction allowance covers a full month of moderate-to-high volume activity without overage fees. The $5,000 average daily balance waiver condition aligns naturally with the working capital levels these businesses maintain to cover payroll, supplier invoices, and recurring cost of goods.

### Professional Services Firms with International Wire Needs (C-Corps and S-Corps)
An established consulting, legal, or professional services firm structured as a C-Corp or S-Corp with international client relationships requiring domestic and international wire capabilities. CitiBusiness Online's digital wire pricing — $17 domestic outgoing and $27 international outgoing — rewards firms that initiate wires online rather than through a branch ($55/$65). Positive Pay provides check fraud controls essential for businesses issuing vendor checks.

### Nonprofits and Partnerships Needing Broad Entity Acceptance
A nonprofit organization or general partnership carrying fluctuating cash balances that needs a safety net for timing gaps between grant disbursements and operating expenses. CITIBUSINESS Streamlined Checking explicitly accepts nonprofits and partnerships alongside sole props, LLCs, S-Corps, and C-Corps — broader entity coverage than many digital-first competitors. The overdraft protection with Safety Check Transfer and dedicated overdraft line of credit provide the liquidity backstop that grant-funded organizations occasionally require.

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## Bancadia Verdict

Choose CITIBUSINESS Streamlined Checking if your business processes close to 250 transactions per month, can maintain a $5,000 average daily balance to waive the monthly fee, needs branch access and cash deposit capability, or regularly sends international wires at favorable online rates. The account's broad entity acceptance — including nonprofits and partnerships — is a differentiator from digital-only alternatives. Do not choose this account if you need an online application process, require ACH debit block fraud controls, want to earn interest on operating balances, or have limited branch access and prefer fully digital banking.

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*Data sourced directly from Citibank, N.A. Last verified: June 30, 2026.*
*Bancadia earns a commission if you open an account through our links. This does not affect our editorial assessment.*