Citi

Citi offers small businesses checking accounts, term deposits, credit products and digital money management through Citibank, N.A. It also has an issuer-services unit for corporate and institutional transactions.

Small-business banking

The bank lists business checking, business CDs, mobile check deposit and business lending. To open an account, its official website directs customers to a branch with the required set of documents, so onboarding is not fully remote. The bank discloses FDIC membership, subject to statutory coverage limits, ownership categories and eligibility.

Escrow and agency

Citi's Issuer Services division includes escrow and specialised agency services for corporate and institutional deals. Under an escrow agreement, the agent receives, holds and distributes assets, and the structure may involve multi-currency settlement. This line serves transactions rather than everyday business accounts.

Who it suits

Small US businesses can use the checking, deposit and lending products, while corporate and institutional parties may turn to the escrow and agency services. The profile does not provide fees, minimum balances or the documents required to open an account, so these should be confirmed with the bank before approaching a branch.