Business Deposit Account Fee Schedule

Business Deposit Account Fee Schedule
Non-Interest Checking
Interest Checking
Analyzed Checking
(with earnings credit)
Analyzed Checking
With Earnings Credit and
Interest on Excess Balances
Money Market Savings
Specialty Accounts
TYPE OF ACCOUNT
MONTHLY
FEE
Business Checking $15.00
Business Checking Plus $50.00
Business Interest Checking $15.00
Commercial Interest
Only Checking
Business Banking
Analyzed Checking
Business Banking Analyzed
Checking Premier
Commercial Cash
Management Checking
Business Banking Analyzed
Plus Interest Checking
Commercial Cash
Management Checking Plus
Business Money
Market Savings
Commercial Money
Market Savings
$30.00
$20.00
$30.00
$30.00
$40.00
$30.00
$10.00
$10.00
Government Banking I None
TRANSACTION AND CASH DEPOSIT PROCESSING FEES ADDITIONAL ACCOUNT FEATURES
Transaction Fees
300 basic transactions free, then
$0.60 A
Transaction Fees
750 basic transactions free; then
$0.60 each A
Transaction Fees
150 basic transactions free; then
$0.60 each A
Transaction Fees
$1.00 per teller or ATM deposit;
$0.17 per item deposited; $0.20
per check paid; $0.20 per electronic
credit/debit received
Transaction Fees
$0.80 per teller or ATM deposit;
$0.17 per item deposited; $0.17
per check paid; $0.17 per electronic
credit/debit received
Transaction Fees
$1.00 per teller or ATM deposit;
$0.17 per item deposited; $0.20
per check paid; $0.20 per electronic
credit/debit received
Transaction Fees
$1.00 per teller or ATM deposit;
$0.17 per item deposited; $0.20
per check paid; $0.20 per electronic
credit/debit received
Transaction Fees
$1.00 per teller or ATM deposit;
$0.17 per item deposited; $0.20
per check paid; $0.20 per electronic
credit/debit received
Transaction Fees
$1.00 per teller or ATM deposit;
$0.17 per item deposited; $0.20
per check paid; $0.20 per electronic
credit/debit received
Transaction Fees
None
Transaction Fees
None
Transaction Fees
First 200 basic transactions free;
then $0.15 each A
IOLTA/IOLA None None
Escrow Master/Sub
Relationship
Escrow Master Checking
Escrow Sub Savings
None None
Escrow Standalone Savings None None
Sovereign Bank, N.A. is a Member FDIC and a wholly owned subsidiary of Banco Santander,
S.A. © 2012 Sovereign Bank, N.A.| Sovereign and Santander and its logo are registered
trademarks of Sovereign Bank, N.A. and Banco Santander, S.A. respectively, or their affiliates or
subsidiaries in the United States and other countries. N0840 Effective 2/16/12
Cash Deposit Processing Fees
No fee up to $10,000. then;
Express Cash Pack ® : $0.22 per $100
Non Express Cash Pack: $0.27 per $100
Cash Deposit Processing Fees
No fee up to $40,000. then;
Express Cash Pack: $0.22 per $100
Non Express Cash Pack: $0.27 per $100
Cash Deposit Processing Fees
Express Cash Pack: $0.22 per $100 for
deposits greater than $500
Non Express Cash Pack: $0.22 per $100 for
deposits $500 or less $0.27 per $100 for
deposits greater than $500
Cash Deposit Processing Fees
Express Cash Pack: $0.15 per $100
Non Express Cash Pack: $0.15 per $100 for
deposits $500 or less $0.25 per $100 for
deposits greater than $500
Cash Deposit Processing Fees
Express Cash Pack: $0.15 per $100
Non Express Cash Pack: $0.15 per $100 for
deposits $500 or less $0.25 per $100 for
deposits greater than $500
Cash Deposit Processing Fees
Express Cash Pack: $0.15 per $100
Non Express Cash Pack: $0.15 per $100 for
deposits $500 or less $0.25 per $100 for
deposits greater than $500
Cash Deposit Processing Fees
Express Cash Pack: $0.15 per $100
Non Express Cash Pack: $0.15 per $100 for
deposits $500 or less $0.25 per $100 for
deposits greater than $500
Cash Deposit Processing Fees
Express Cash Pack: $0.15 per $100
Non Express Cash Pack: $0.15 per $100 for
deposits $500 or less $0.25 per $100 for
deposits greater than $500
Cash Deposit Processing Fees
Express Cash Pack: $0.15 per $100
Non Express Cash Pack: $0.15 per $100 for
deposits $500 or less $0.25 per $100 for
deposits greater than $500
Cash Deposit Processing Fees
Express Cash Pack: $0.22 per $100
Non Express Cash Pack: $0.22 per $100 for
deposits $500 or less $0.27 per $100 for
deposits greater than $500
Cash Deposit Processing Fees
Express Cash Pack: $0.15 per $100
Non Express Cash Pack: $0.15 per $100 for
deposits $500 or less $0.25 per $100 for
deposits greater than $500
Cash Deposit Processing Fees
Applies only to deposits greater than $1,000
Express Cash Pack: $0.15 per $100
Non Express Cash Pack: $0.25 per $100
1.877.768.1145 | sovereignbank.com
Schedule of Services and Fees
Metro New York and New Jersey | Page 1 of 2
• To Avoid Monthly Fee: $5,000 in checking or
$10,000 in combined business account balances
with same ownership B or three point of sale
purchases using debit card per statement period.
• Free Business Online Banking C with BillPay
(including access to ACH, Wire Transfer and
Imaging capabilities with no monthly fees).
• To Avoid Monthly Fee: $40,000 in checking or
$60,000 in combined business account balances
with same ownership. B
• Free Business Online Banking C with BillPay
(including access to ACH, Wire Transfer and
Imaging capabilities with no monthly fees).
• To Avoid Monthly Fee: $7,500 in checking
or $15,000 in combined business account
balances with same ownership B
• Free Business Online Banking C with BillPay.
Cash Management services are available.
Earnings credit may offset transaction fees and
cash management service fees.
Earnings credit may offset transaction fees and
cash management service fees.
Earnings credit may offset transaction fees and
cash management service fees.
Earnings credit may offset transaction fees
and cash management service fees. Balances
above the amount needed to offset fees are
eligible to earn interest.
Earnings credit may offset transaction fees and
cash management service fees. Balances above
the amount needed to offset fees are eligible to
earn interest.
To Avoid Monthly Fee: $1,000 or if there is
business checking account with same ownership. B
To Avoid Monthly Fee: $1,000 (minimum daily
ledger balance).
Designed for Government Banking entities and
Municipalities with annual revenue less than
$3,000,000.
Designed solely for pooled client funds deposited
by an attorney or law firm.
• To be used for linking a single escrow master
checking with an unlimited number of escrow
sub savings accounts.
• Free Business Online Banking C with BillPay
available on Escrow Master Checking only.
Designed for residential landlords with a single
tenant.

Business Deposit Account Fee Schedule
ACCOUNT RELATED SERVICES
Copy of Canceled Check D $5.00
Duplicate Statement Copy $6.00
Early Account Closing (if closed within 90 days of
account opening)
FDIC Assessment E
Inactive Account (per month) F (applies to accounts
inactive for more than one year with balances less
than $250)
$25.00
$0.016667
per $100
$16.00
Insufficient Funds Fee $35.00
Insufficient Funds (Item Returned) $35.00
Interest Charge on Negative
Collected Balance G
Prime +3%
Overdraft Protection Transfer (per transfer) H $12.00
Research, Balance Reconciliation and/or Letter
Writing Services (per hour, one hour minimum)
Return Deposited Item
Domestic
International
Savings/Money Market Savings Excess Activity
(per item)
$20.00
$15.00
$25.00
$15.00
Stop Payment (business or official check) $30.00
Sustained Overdraft I
(fee is charged on the 6th consecutive business day
that your account remains overdrawn)
$35.00
Unavailable Funds Fee $35.00
Unavailable Funds (Item Returned) $35.00
CASH/CURRENCY MISC. SERVICES
(Customers requiring Armored Carrier services are encouraged to contact
Cash Management Sales)
Cash Order (per strap) J
Cash Order Special
Coin Proved (per bag)
Coin Rolls Furnished (per roll) J
DEBIT CARD/ATM SERVICES
Foreign Currency Exchange
International Transaction K
(Debit Card transactions)
Improperly Endorsed
Deposit (per item)
$0.50
Varies
$5.00
$0.10
3% of
transactions
in U.S. dollars
(will not apply
to Debit Card
transactions after
2/29/12)
4% of
transaction
in U.S. dollars
(effective 3/1/12)
$2.00
Replacement Card—Expedited $30.00
Withdrawal at ATM not owned by Sovereign
or one of its divisions L
Domestic
International
$3.00
$6.00
SPECIAL SERVICES
ACH Debit Filter/Block Set-Up $25.00
ACH Debit Filter/Block Monthly Maintenance $3.00
ACH Debit File
Set up
Monthly ACH
Minimum opening deposit on all accounts is $50.
A Basic transactions include checks paid, teller deposits, ATM deposits, deposited items, and ACH items
(electronic debits and credits not originated by customer). Sovereign Merchant Services (credit and debit card
payment processing) and Sovereign Payroll Services ACH debit items are not included. Business Checking and
Business Checking Plus basic transaction limits also include Onsite Check Deposit batch deposits, Onsite Check
Deposit items processed and Onsite Check Deposit ACH converted transactions.
B Avoid monthly maintenance fees by maintaining an average daily ledger balance in the account itself or a
combined daily average ledger balance in additional checking accounts, money market savings and savings
accounts on which an owner is the same as the primary owner on this account. Only balances in these
combined same owner business deposit accounts can be considered when calculating the combined balance.
C Free Business Online Banking includes Real Time Transfers, Real Time Reporting, Prior Day Reporting, and
Quicken and/or QuickBooks downloads.
D Twelve free copies per year for Image Statement and Check Truncation customers.
E Applies only to Commercial Interest Only Checking, Commercial Cash Management Checking, Commercial
Cash Management Checking Plus, Business Banking Analyzed Checking, Business Banking Analyzed Plus
Interest Checking, Business Banking Analyzed Checking Premier and Government Banking l; fee is per $100 of
average daily ledger balances for the statement period.
F Does not apply to Government Banking I or any Escrow products.
$25.00
$300.00
American Express ® Gift Card (per item) $ 5.00
American Express Gift Cheque (per item) $2.50
American Express Travelers Cheques
Regular (per $100)
Cheques for Two ® (per $100)
$2.00
$2.00
Bond Coupon (per envelope) $7.00
Certified Check $15.00
Collections (per item)
Domestic
International
Copy of Official Check or Money Order (per
item)
$10.00
$30.00
$5.00
Escheat $50.00
Garnishment/Levy/Legal Process $100.00
International Draft $25.00
Money Order $5.00
Official Bank Check $10.00
Safe Deposit Box
Annual Rental
10% discount with autopay per box M
Drilling
Late Charge
Lost Key
Sovereign Merchant Services—
Electronic Item J
TaxCashe
Web Initiated Payments
Monthly Maintenance
Tax Payment (per web initiated file)
Telephone Initiated Payments
Monthly Maintenance
Tax Payment (per telephone initiated file)
Recap Report (per report)
Wire Transfer (branch/telephone) N
Domestic or International Incoming
Domestic Outgoing
International Outgoing
U.S. Currency
Foreign Currency
Varies
$150.00
$15.00
$15.00
$0.17
None
$2.00
$30.00
$3.00
$12.00
$15.00
($13.00
through
1/31/12)
$27.00
($25.00
through
1/31/12)
$40.00
$31.00
Schedule of Services and Fees
Metro New York and New Jersey | Page 2 of 2
ONSITE CHECK DEPOSIT
(Fees below only available with Business Checking and Business
Checking Plus O )
Monthly Maintenance $50.00
Batch Deposits A
Included in the number of free
basic transactions
Each additional item $0.60
Items Processed A
Included in the number of free
basic transactions
Each additional item $0.60
Epson CaptureOne TM Single Document Scanner
First scanner
Each Additional scanner
None
$299.00
Epson Scanner Maintenance (24 months) $150.00
Onsite Check Deposit Service Cancellation
(If terminated within first year of service setup)
Other available scanner models and scanner
maintenance
Scanner Interface
(scanner not purchased from Sovereign)
BUSINESS ONLINE BANKING
$300.00
price varies
by model
$95.00 per
scanner
(Fees below only available with Business Checking, Business Checking Plus,
Business Interest Checking and Escrow Master Checking)
Image Access (per item)
First 10 items
Each Image Thereafter
Payment Initiation Services - Internet
Tax Payment Application
(per tax payment application/month)
ACH P
ACH Item Originated
Deletion/Reversal (origination)
Returned Item
None
$0.60
$2.00
$0.15
$7.50
$5.00
Stop Payment (online) $18.00
Wire Transfers (online) P
Domestic Outgoing
U.S. Currency
International Outgoing
U.S. Currency
Foreign Currency
Book Transfer
$22.00
($20.00
through
1/31/12)
$26.00
$21.00
$3.00
G Applies to Commercial Interest Only Checking, Commercial Cash Management Checking, Commercial Cash
Management Checking Plus, Business Banking Analyzed Checking, Business Banking Analyzed Plus Interest
Checking and Business Banking Analyzed Checking Premier only. Rate determined by the average of the
highest Prime Rate as published in the Money Rates section of The Wall Street Journal for the statement period
plus 3%.
H Service only available on Business Checking, Business Checking Plus and Business Interest Checking only.
I Does not apply to Commercial Interest Only Checking, Commercial Cash Management Checking, Commercial
Cash Management Checking Plus, Business Banking Analyzed Checking, Business Banking Analyzed Plus Interest
Checking and Business Banking Analyzed Checking Premier.
J Does not apply to Business Checking or Business Checking Plus.
K Applies to transactions completed outside the 50 United States
L ATM owner may charge a fee.
M Discount cannot be combined with any other safe deposit box discounts.
N Does not apply to IOLTA/IOLA.
O Existing Free Business Checking customers are eligible to purchase Onsite Check Deposit at the pricing listed.
P Online ACH module monthly fee is $40 and online wire module monthly fee is $40. Business Checking and
Business Checking Plus customers may use these modules at no monthly fee.