Simple Business Checking

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    • Who does a Simple Business Checking account serve best?

    If you’re an entrepreneur, a sole proprietor, or an organization with a low number of monthly transactions, Simple Business Checking can help you keep your business and personal accounts separate and easier to track.

    What you get with Simple Business Checking:

    • icon money with arrows 50 included items/transactions per month1
    • icon with cash $2,000 cash processing per month2
    • icon money and percentage sign 10% Loyalty Cash Bonus when redeeming cash back from your SunTrust Business Credit Card into your Business deposit account3

    Plus enjoy these added benefits:

    • A personal Advantage Checking account for one business owner with waived monthly maintenance fee when linked with your Simple Business Checking account4
    • A SunTrust Business Debit Card
    • Access to SunTrust Business Online, our online banking system for businesses5

    Avoiding the $5 monthly maintenance fee is simple.

    • For the first 12 statements


      Your monthly maintenance fee will be waived for the first 12 statement cycles when you’re a new Simple Business Checking client.

    • After the first 12 statements


      Just make five debit or credit transactions per month to avoid your monthly maintenance fee after the first 12 statement cycles.

    • Here’s what you need to apply:

      • Business Information

        • Business Name
        • Address
        • Tax ID Number
        • Business Date of Formation
        • Annual Revenue
        • Business Activities
        • Source of Funds
        • Purpose of Account

        Business Documentation (if Business Documentation is not located on Secretary of State website)

        • Filing Documents
        • Organizing Documents
        • Operation Agreements

        Identifying information for all Beneficial Owner(s)

        Certification Regarding Beneficial Owner(s) and Controlling Person of Legal Entity Customers Form

        What is a Beneficial Owner?

        Certification Regarding Beneficial Owner(s) and Controlling Person of Legal Entity Customers Form can be downloaded and completed prior to going to local branch for account opening. A photocopy of Driver’s License or Passport is required for any Beneficial Owners not present for account opening

        Learn more about Beneficial Ownership

    For more information on fees associated with this account, please refer to the Business Accounts Fee Schedule.

    DISCLAIMERS

    1 Items include deposits and deposited items, checks, ATM transactions, point-of-sale purchases and ACH debits. Wire transfer services and commercial and treasury management services may also be included. There are fees for exceeding stated limits.

    2 There are fees for exceeding stated cash processing limits.

    3 Cash Rewards Redemption: After the close of the billing period in which you earn Cash Rewards, if your Business Card Account is in Good Standing, you may redeem a minimum of $5 for either a statement credit to your card account or an ACH credit to a business deposit account. You can earn a Loyalty Cash Bonus of 10% if you redeem through an ACH deposit into a SunTrust business deposit account. For example, a 10% Loyalty Cash Bonus on $100 in base Cash Rewards would earn an additional $10, totaling $110 in Cash Rewards earnings.

    4 The Advantage Checking personal account is for the business account holder. To waive the monthly maintenance fee on the Advantage Checking account, it must be linked to the Small Business Checking account. Eligible Small Business accounts include Total Business Banking, Select Business Banking, Business Interest Checking, Business Advantage Plus, Simple Business Checking and Primary Business Checking.

    5 Please refer to the Product Fact Sheet for detailed product information. Also, refer to the current Fee Schedule for detailed pricing.

    SunTrust Bank, now Truist Bank, Member FDIC. © 2019 Truist Financial Corporation. SunTrust®, Truist, Business Online, and the SunTrust logo are service marks of Truist Financial Corporation. All rights reserved. All other trademarks are the property of their respective owners.

    Explore Business Savings Solutions:
    Business Advantage Money Market
    Business CDs
    Business Sweep

    summarylist

    Small Business Resource Center

    • Contact

    • Support

        24-hour automated assistance
        800.786.8787 (800.SUNTRUST)

         

        Business Online, PC Banking and Bill Pay
        800.382.3232

         

        TDD (Telephone Device for the Deaf)
        800.854.8965

         

        Report Checking Account Fraud
        800.447.8994 Option 1 - Option 3

         

        Lost or Stolen Card
        800.786.8787 Option 5

         

        Directory Assistance
        800.786.8787 Option 7 - Option 5

         

        International Toll Free
        800.ST.TRAVEL (800.7887.2835)

         

        Please note that Federal Regulation E outlines the rules and procedures for electronic funds transfers (EFTs) for consumers. The protections and deadlines included in Regulation E do not apply to business accounts. Regulation E only establishes rights, liabilities, and responsibilities for consumer transactions on consumer accounts.

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    • Mail

         

         

        Write Us
        Mail your questions, comments, or suggestions to (No deposits or payments accepted at this address):
        SunTrust Bank
        GA-Atlanta-0795
        P.O. Box 4418
        Atlanta, GA 30302-4418

         

        Bank by Mail
        You may mail checking, savings, or money market deposits to (Be sure to include a deposit slip or your name and account number. Do not send currency via U.S. mail):
        SunTrust Bank, Special Handling
        VA-RIC-9292
        P.O. Box 27572
        Richmond, VA 23261-7572

         

        Consumer Home Equity Line & Access 3 payment address
        SunTrust Bank
        P. O. Box 791274
        Baltimore MD 21279-1274

         

        All other lines of Credit Payments
        SunTrust Bank
        P. O. Box 79282
        Baltimore MD 21279-0282

         

        Consumer Loan Payments
        SunTrust Bank
        P.O. Box 791144
        Baltimore, MD 21279-1144

         

         

    • Wires

         

        For more details about Wire Transfers with SunTrust, call 800.947.3786

         

        SunTrust Incoming wire instructions:

         

        • For Domestic incoming wire use Routing ABA: 061000104
        • For International incoming wire use SWIFT/BIC: SNTRUS3A
        • Beneficiary account number: SunTrust full account number
        • Beneficiary name: The name as it appears on the SunTrust account

        SunTrust Incoming wire instructions are also available by calling 800.947.3786 - option 1

         

     

    Truist Bank, Member FDIC. ©2022 Truist Financial Corporation. SunTrust®, the SunTrust logo, and Truist are service marks of Truist Financial Corporation. 

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    Equal Housing Lender

    Investment and Insurance Products:

    • Are Not FDIC or any other Government Agency Insured
    • Are Not Bank Guaranteed
    • May Lose Value

    All Truist mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.Link opens a new window

    Services provided by the following affiliates of Truist Financial Corporation: Banking products and services, including loans and deposit accounts, are provided by SunTrust Bank and Branch Banking and Trust Company, both now Truist Bank, Member FDIC. Trust and investment management services are provided by SunTrust Bank and Branch Banking and Trust Company, both now Truist Bank, and SunTrust Delaware Trust Company. Securities, brokerage accounts and /or insurance (including annuities) are offered by Truist Investment Services, Inc. (d/b/a SunTrust Investment Services, Inc.), and P.J. Robb Variable Corp., which are SEC registered broker-dealers, members FINRALink opens a new window, SIPCLink opens a new window, and a licensed insurance agency where applicable. Investment advisory services are offered by Truist Advisory Services, Inc. (d/b/a SunTrust Advisory Services, Inc.), GFO Advisory Services, LLC, BB&T Securities, LLC, Sterling Capital Management, LLC, and Precept Advisory Group, LLC, each SEC registered investment advisers. Sterling Capital Funds are advised by Sterling Capital Management, LLC. Mortgage products and services are offered through SunTrust Mortgage, a tradename for SunTrust Bank now Truist Bank.  Life insurance products are offered through Truist Life Insurance Services, a division of Crump Life Insurance Services, Inc., AR license #100103477, a wholly owned subsidiary of Truist Insurance Holdings, Inc.

    "Truist Advisors" may be officers and/or associated persons of the following affiliates of Truist Financial Corporation: SunTrust Bank now Truist Bank, our commercial bank, which provides banking, trust and asset management services; Truist Investment Services, Inc., a registered broker-dealer, which is a member of FINRALink opens a new window and SIPCLink opens a new window, and a licensed insurance agency, and which provides securities, annuities and life insurance products; Truist Advisory Services, Inc., an SEC registered investment adviser which provides Investment Advisory services.

    Comments regarding tax implications are informational only. Truist and its representatives do not provide tax or legal advice. You should consult your individual tax or legal professional before taking any action that may have tax or legal consequences.

    Truist Wealth, International Wealth, Center for Family Legacy, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are marketing names used by affiliates of Truist Financial Corporation.

    Truist Securities is the trade name for the corporate and investment banking services of Truist Financial Corporation and its subsidiaries, including Truist Securities, Inc., member FINRALink opens a new window and SIPCLink opens a new window.

    New York City residents: Translation or other language access services may be available.  When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at www.nyc.gov/dca. 

    Thank you for choosing SunTrust now Truist. We welcome the opportunity to serve your financial needs. While SunTrust and BB&T have merged to become Truist, both institutions will continue to offer independent product lines for a period of time. This may include differing underwriting guidelines, product features, terms, fees, and pricing.

    Our friendly teammates at your local BB&T branches will be happy to walk you through their products. You can also learn more by contacting them at 1-800-BANK-BBT or BBT.com.

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    • SunTrust is now Truist. If you’re new to SunTrust, use Truist.com to see what’s new and to open accounts. That way you’ll be one step ahead when all SunTrust accounts move to Truist in 2022. If you already have SunTrust accounts, please keep using SunTrust.com to manage those accounts or to open new ones. You’ll have a better banking experience today, and a better transition to Truist in February 2022.