Wachovia now offers a totally free business checking account to small businesses. The checking account has no monthly maintenance fee, no minimum balance and access to other free products like Bad Check Recovery.
"This product completes the full offering of products and services we have for small businesses through our financial centers nationwide," said Becky Mesanza, Wachovia's director of commercial checking products. "We can provide products and services to any small business to help manage their daily cash flow needs; whether they are just starting out, or if they are an established business with more sophisticated needs."
In addition to Free Business Checking, Wachovia also offers other unique products for its small business customers. Bad Check Recovery helps small business customers recover funds from clients who have insufficient funds. Online Deposits is another industry-leading product that allows customers to scan paper checks from their desktops and electronically send the images to Wachovia for deposit. Wachovia also offers a wide variety of treasury and cash management products for small businesses to help run their businesses more effectively and efficiently.
Small businesses can learn more about Wachovia's suite of products and services by visiting a Wachovia financial center or calling 1-800-WACHOVIA.
About Wachovia
Wachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, with assets of $808.9 billion and market capitalization of $53.8 billion at March 31, 2008. Wachovia provides a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services to customers through 3,300 retail financial centers in 21 states from Connecticut to Florida and west to Texas and California, and nationwide retail brokerage, mortgage lending and auto finance businesses. Globally, clients are served in selected corporate and institutional sectors and through more than 40 international offices. Our retail brokerage operations under the Wachovia Securities brand name manage more than $1.1 trillion in client assets through 18,600 registered representatives in 1,500 offices nationwide.
