1 An Earnings Credit Rate (ECR) is applied to collected balances in your Business Analysis account to offset all or a portion of fees. The ECR is established at the discretion of Amerant Bank and may change at any time.
2 The interest rate paid on accounts is established at the sole discretion of Amerant Bank, N.A. and may change at any time. Fees could reduce earnings on account.
3 If account is closed before interest is credited, you will not receive the accrued interest.
4 For additional fees, please refer to our Miscellaneous Service Fees Schedule.
5 Service Fees on this account are determined by our Analysis Program, which allows us to assess service fees based upon the activity and average collected balances of the account, which may be offset by an Earnings Credit based on average collected balances maintained with us. The Earnings Credit is applied to the average collected balance for the month less a 10% reserve requirement.
USA PATRIOT Act
To help the government fight the funding of terrorism and money laundering activities, the Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What does this mean for you? When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may ask to see your driver’s license or other identifying documents.
Important Notice Regarding Wire Transfers
IF WE DO NOT HAVE YOUR FUNDS TRANSFER AGREEMENT IN OUR FILES, WE WILL NOT BE ABLE TO EXECUTE TRANSFERS.
We value our relationship and it is important for us to safeguard your privacy and ensure that your funds are protected against fraudulent activity at all times. For this reason, we are providing you a link to our Funds Transfer Agreement.
Understanding Your Deposits
IMPORTANT FUNDS AVAILABILITY INFORMATION
Please review Amerant’s Understanding Your Deposit brochure.
Know Your Customer
Managing a successful Know Your Customer (KYC) Program is a requirement of the U.S. banking system. Learn More.