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East West Bank

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Overview

East West Bank is a US bank that offers business checking in four versions: Standard, Signature, Analyzed and Performance. Listed services are business checking, ACH, wire transfers and remote deposit.

Account types Business Signature Checking includes incoming wire transfers and preferential ACH payments. Analyzed Business Checking lets the balance be counted in an earnings credit that offsets service fees, which suits companies with larger balances and heavier activity. Standard and Performance accounts cover other volume levels.

Payments ACH is the named payment channel, alongside wires and remote deposit capture for cheques.

Deposit insurance The institution discloses FDIC membership. Statutory coverage limits, ownership categories and eligibility rules apply, so the protection of a particular balance depends on how the account is structured.

Who it suits US companies that want to pick an account tier by transaction volume and balance level. The source material gives no fee amounts or opening requirements, so the current schedule for each tier should be requested from the bank.

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