Business Banking Fee Schedule
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Business Debit Card and Automated Teller Machine (ATM) Services
| Service | Fee |
|---|
| Forbright Bank ATM Fee | $0.00 |
ATM Surcharge Fee at Foreign ATMs
(Fees charged for withdrawals at non-Forbright ATMs will be reversed within one business day) | $0.00 |
| Debit Card Replacement (First replacement is no charge) | $10.00 |
| Debit Card Expedited Shipping | $25.00 |
| Service | Fee |
|---|
| Cashier’s Check | $10.00 |
| Check Copy | $5.00 per item |
| Check Printing Charge | Fees vary (Minimum charge of $28.00 per order depending on the check type ordered through Deluxe©) |
| Service | Fee |
|---|
| Coin Rolling | $0.25 per roll |
| Cash In/Out Up To and Including $15,000 Monthly | No Charge |
| Cash In/Out Over $15,000 per $1,000 Monthly | $0.15 |
Confirmation/Verification/Legal Processing Services
| Service | Fee |
|---|
| Account Research or Reconciliation (Includes information needed for a subpoena) | $50.00 per hour (Minimum charge 1 hour) |
| Account Verification (Not charged for CDs or closed accounts) | $15.00 per Account |
| Legal Process Order – Levies, Attachments, Garnishments per order (Not charged on closed accounts) | $100.00 |
| Service | Fee |
|---|
| Deposit Adjustment | $5.00 per Deposit |
| Foreign Item Deposit | $20.00 per Item |
| Return Deposit Item | $7.50 |
| Return Deposit Item Special Handling | $10.00 |
Nonsufficient Funds (NSF) and Overdraft (OD) Fees
| Service | Fee |
|---|
| OD Funds Paid Charge (Overdraft Funds Paid Charge) | $32.00 per Item Presented |
| NSF Returned Item (Nonsufficient Funds Return) | $32.00 per Item Presented |
| UC Funds Charge (Uncollected Funds Charge) | $32.00 per item presented |
| Continuous OD Charge (Continuous Overdraft Charge) | $5.00 assessed each day the account has negative balance after 7 calendar days grace period |
Linked Account Transfer Fee
(From a linked Forbright business deposit account) | No Charge |
| Service | Fee |
|---|
| eBanking and Mobile App | No Charge |
| Business Mobile Deposit Service | No Charge |
| Business Online Bill Pay | No Charge |
Soft Token issuance
(Token authentication is required for money movement services within Business eBanking) | No Charge |
Hard Token Authentication
(Token authentication is required for money movement services within Business eBanking) | $25.00 per Device Issued |
| Service | Fee |
|---|
| Statement Copy | $5.00 per statement including Analysis Statement copy |
| Multiple Address for Statement Delivery | $10.00 per address |
Paper Statement Fee per statement cycle on business checking accounts opened on or after 10/26/2020
(Not applicable when accessing eStatements through Business eBanking) | $5.00 |
| Paper Statement Fee on business checking accounts opened before 10/26/2020 | No Charge |
| Monthly Account Analysis Statements (Upon request delivered through Business eBanking) | No Charge |
| Service | Fee |
|---|
| Check Stop Payment Order (in Branch) | $30.00 per item |
| ACH Stop Payment Order (in Branch) | $30.00 per item |
| Online Check Stop Payment Order | $10.00 |
| Online Check Stop Payment Order(Healthcare Analysis Checking) | $30.00 |
| Service | Fee |
|---|
| Incoming Domestic Wire Transfer | $10.00 per wire |
| Incoming International Wire Transfer | $15.00 per wire |
| Outgoing Domestic Wire Transfer | $25.00 per wire |
| Outgoing International Wire Transfer | $35.00 per wire |
| Service | Fee |
|---|
| Zero Balance Account (ZBA) or Sweep Transfer | $25.00 monthly fee per account |
| Zero Balance Account (ZBA) or Sweep Transfer when transferring to ICS account or Forbright credit line | No Charge |
| Zero Balance Account (ZBA) or Sweep Transfer for Healthcare Analysis Checking | $75.00 monthly fee per account |
| Zero Balance Account (ZBA) or Sweep Transfer for Healthcare Analysis Checking to another Forbright account or loan | No Charge |
| Deposit Account Control Agreement (DACA) | $250.00 monthly fee per account |
| External Automatic Transfer Monthly | $75.00 monthly fee per account |
| Excess Transactions (Applies to Platinum Business Money Market and Bright Business Savings) | $20.00 fee will be charged for each transaction exceeding six (6) in a statement cycle1 |
Optional Services – Separate Agreements Apply
| Service | Fee |
|---|
| ACH Service (SEC Codes PPD, CCD and CTX) | $10.00 per month per company ID |
| ACH Batch | $1.00 per file |
| ACH Return Item Fee | $2.00 per item |
| ACH Federal Tax Payment Service | No Charge |
| ACH State Tax Payment Service | No Charge |
| ACH File Upload Service | $10.00 per month (per company ID) |
| Same Day ACH Transaction | $1.00 |
Fraud Prevention Services
| Service | Fee |
|---|
| ACH Block Service | $5.00 monthly per account |
| ACH Positive Pay Service | $10.00 monthly per account |
| Check Positive Pay Service | $10.00 monthly per account |
| Payee Positive Pay Service (Requires Check Positive Pay Service) | $5.00 monthly per account |
| Reverse Positive Pay Service | $5.00 monthly per account |
| Service | Fee |
|---|
| Remote Deposit Capture | $30.00 per month per account |
| Remote Deposit Capture for Healthcare Analysis Checking | $60.00 per month per account |
Remote Deposit Scanner (Scanner must be purchased and owned by customer)
| Service | Fee |
|---|
| Panini MI Deal (compatible with Mac OS) | $500.00 |
| Panini Vision X RDC 15 DPM 25 Ink Jet (25 documents per minute feeder tray) | $550.00 |
| Panini Vision X RDC 50 DPM 25 Ink Jet (50 documents per minute feeder tray) | $840.00 |
| Customer Owned FIS Certified Scanner | No Charge |
| Service | Fee |
|---|
| Standard Reporting through Business eBanking | No Charge monthly per company ID |
| Premium Reporting through Business eBanking | $50.00 monthly per company ID |
| EDI Reporting through Business eBanking | $50.00 monthly per account |
Secured File Transfer Protocol (SFTP) Services
| Service | Fee |
|---|
| SFTP | $200.00 monthly per account |
| SFTP – Wire Transfer Files | $200.00 monthly per account |
| SFTP- Positive Pay Files | $200.00 monthly per account |
| Image Cash Letter (ICL) | $200.00 monthly per account |
| Service | Fee |
|---|
| Online Wire Service | No Charge |
1 Transaction limitations: You may make up to six transfers or withdrawals by means of a preauthorized, automatic, or telephonic transfer to another account of yours or to a third party or by check, debit card, or similar order to a third party during any calendar month (or statement cycle of at least four weeks). A preauthorized transfer includes any arrangement with us to pay a third party from your account at (i) a predetermined time; (ii) on a fixed schedule or (iii) upon oral or written orders including orders received through the automated clearing house (ACH). If the transfer or withdrawal is initiated in person, by mail, or at an ATM then there is no limit on the number of payments that may be made directly to you, directly to us for amounts you owe us, or transfers to other accounts you have with us. Withdrawals by phone are also unlimited if you are requesting that a check be mailed to you.
Refer to the specific account disclosure for any fees or additional fees that are unique to that account type.
