Professional & Entrepreneur Banking

Liquidity management solutions that offer flexibility and reliability, supported by a Relationship Manager who is committed to understanding where you are and where you plan to go

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BanescoSelect clients enjoy access to solutions that address the complexities associated with earned income, investment income, and the unique finances of high-earning professionals and entrepreneurs

Bank accounts are designed to accommodate your daily needs to send and receive payments, manage account balances for liquidity requirements, and set aside funds for a special purpose, to invest or to earn interest.

Zelle^® for your small business is available to send and receive money with small businesses and consumers who are enrolled in Zelle^®.

BanescoSelect Rewards

Enjoy discounted fees and additional exclusive benefits when combined balances in your business accounts reach $250,000¹

Explore BanescoSelect Rewards for Business

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Accelerated funds availability

ACH collections and Zelle^® for your small business streamline availability of funds in your account. Remote Deposit Capture² speeds processing and save the time needed to visit one of our branches in Florida or Puerto Rico to deposit paper checks.

Our automated Zero Balance Accounts, for businesses incorporated in the U.S., ensure the smooth transfer of idle cash from operating, payroll, and other accounts to and from a master account, while maintaining adequate balances to cover expenses.

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Liquidity preservation

We provide solutions that enhance capabilities to manage your balance sheet for liquidity.

Digital payables services, including wire transfers, and online and mobile bill pay, offer the flexibility to time the release of funds.

We offer commercial lines of credit and loans secured by investment accounts issued by Miura Capital* that provide the opportunity to elevate working capital, finance an expansion, or acquire income-producing assets without drawing down cash.

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Risk management

Banesco USA oversees your accounts to prevent fraud and protect you from cyber threats

Account activity is monitored to detect potential fraud. Your historical transaction patterns are analyzed and any deviation is brought to your attention.

Payee Positive Pay detects potential fraud by matching your payee and other information with checks presented for processing.

Our online banking tools make it easy to add and remove authorized users, set up transaction limits, and view processing history.

Two-factor authentication provides added protection using our mobile app, and paperless statements are posted in your online deposit accounts for view and download.

Banesco USA accounts are insured by the FDIC up to the standard maximum amount. Deposit accounts with balances above $250,000 are eligible for up to multimillions in additional FDIC insurance coverage.

Service from your Relationship Manager is complemented by secure email messaging available through online banking and the mobile app.

Account transaction and service fees apply. Refer to the Schedule of Fees and Service Charges.

Loans are subject to credit approval and the Bank’s credit policies. Additional conditions may apply.

¹If you maintain the required balance, we will either waive or refund the below balance maintenance fee. The combined monthly average balance is based on collected balances for qualifying relationship deposit accounts per statement cycle. Qualifying relationship deposit accounts include retail and business checking, Money Market, savings and time deposit accounts with primary, joint, authorized signer, trustee, beneficiary, director, partner, minor, and shareholder relationships. Collected balance means we only include those funds for which we have actually received payment. The combined monthly average balance is calculated by adding the closing balance in the account(s) at the end of each day and dividing the total by the number of days in the statement cycle (interest paid by the Bank is not included). BanescoSelect products are eligible for additional reward benefits as stated in this product guide. To earn BanescoSelect Rewards, balances up to but not including the statement date will be considered.

²Equipment rental fees not included. For more information about Treasury Management products and fees, contact your Treasury Management Specialist or email TM@banescousa.com.

Zelle^® is available in over 2,300 banking and credit union apps. To send or receive money with Zelle^®, both parties must have an eligible checking or savings account. Transactions between enrolled consumers typically occur within minutes. Check with your financial institution. Zelle^® and the Zelle^® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
*Funds from an investment secured loan may not be used to purchase other securities. Miura Capital, LLC is a broker-dealer registered with the Securities and Exchange Commission (SEC), licensed by the Florida Office of Financial Regulation (OFR) and a member of Financial Industry Regulatory Authority, Inc. (FINRA). Securities and investment products provided by Miura Capital, LLC: Are Not FDIC Insured | Are Not Bank Guaranteed | May Lose Value | Are Not Insured by Any Federal Government Agency | Are Not A Condition of Any Banking Activity.