Is Bank of America Business available in United States?

Availability

Bank of America Business for business in United States: Available

Key eligibility: A business registered in the United States with United States based ownership, such as a sole proprietorship, limited liability company, partnership or corporation, subject to identity and compliance checks.
Non resident position: Designed for United States registered businesses. Owners generally need a United States taxpayer identification number and a United States address. Businesses without a United States registration are not the target market.
Local currency support: United States dollars, with international wires supported. Confirm any multi currency options with the provider.
Headline monthly fee: Business Advantage Fundamentals Banking about 16 United States dollars per month as of 24 June 2026, waivable by meeting one qualifying activity. Verify current pricing with the provider.

Availability and fees as of 24 June 2026Last reviewed 24 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Yes. As of 24 June 2026, Bank of America Business serves business customers in the United States. Bank of America is one of the largest banks in the country and offers small business checking and savings through its Business Advantage Banking range, alongside lending and cards, to companies registered in the United States. You can compare it against other providers that serve the United States below.

Does Bank of America Business serve business customers in United States?

Yes. Bank of America is one of the largest banks in the United States and offers small business banking through its Business Advantage Banking range. The range includes two main checking tiers, Business Advantage Fundamentals Banking and Business Advantage Relationship Banking, plus business savings, lending and cards. Companies registered in the United States can apply online or in a financial center, drawing on a nationwide network. As of 24 June 2026.

Eligibility for businesses in United States

To open an account, a business is generally registered in the United States, with United States based ownership, and the owners provide identity documents, the business taxpayer identification number and details of the business. The product fits common structures such as sole proprietorships, limited liability companies, partnerships and corporations. Final approval depends on the bank identity and compliance checks. Verify with the provider

What it costs locally

Business Advantage Fundamentals Banking carries a monthly fee of about 16 United States dollars as of 24 June 2026, which can be waived in a statement cycle by maintaining a 5,000 United States dollar combined average monthly balance in eligible linked business accounts, by making at least 500 United States dollars in new net qualified purchases on a linked Bank of America business debit card, or by being a member of Preferred Rewards for Business. The higher tier, Business Advantage Relationship Banking, carries a higher monthly fee with its own waiver conditions. Balances are held in United States dollars. As of 24 June 2026

What local users report

United States small business owners often value the nationwide branch network, the integration of checking with cards and lending, and the Preferred Rewards for Business program, while some note the monthly fees and the balance or activity needed to waive them. As with any account, the fit depends on your balances, transaction patterns and whether you want in person service. As of 24 June 2026, confirm the current terms before relying on them.

How to open Bank of America Business for business in United States

Confirm your business is registered in the United States and gather your taxpayer identification number, owner identity documents and business details
Apply online or in a financial center for Business Advantage Fundamentals Banking or the relationship tier
Complete the bank checks, fund the account, then set up online banking, cards and payments

Compare business accounts in the United States →

Questions about Bank of America Business in United States

Is Bank of America Business available for business in United States?

Yes. As of 24 June 2026 Bank of America Business offers small business checking and savings to companies registered in the United States, through its Business Advantage Banking range. Approval depends on the business type and the bank identity and compliance checks. Verify current terms with the provider. This is general information, not advice.

How much does Bank of America business checking cost?

The entry checking account, Business Advantage Fundamentals Banking, carries a monthly fee of about 16 United States dollars as of 24 June 2026. The fee can be waived in a statement cycle by maintaining a 5,000 United States dollar combined average monthly balance in eligible linked business accounts, by making at least 500 United States dollars in new net qualified purchases on a linked Bank of America business debit card, or by being a member of Preferred Rewards for Business. The higher Business Advantage Relationship Banking tier has its own fee and waiver terms. Verify current pricing with the provider.

Who can open a Bank of America business account?

A business registered in the United States, such as a sole proprietorship, limited liability company, partnership or corporation, with United States based ownership, can generally apply. Owners provide identity documents, the business taxpayer identification number and details of the business. Eligibility and approval depend on the bank checks. As of 24 June 2026.

Does Bank of America support business accounts in other currencies?

Bank of America business checking and savings are held in United States dollars, with international wires supported. A business that needs to hold balances in other currencies should confirm the available options with the provider. As of 24 June 2026.

Availability, fees, and eligibility change. This page was last reviewed on 24 June 2026. Confirm the current position with Bank of America Business before applying.