Personal Checking

^* Approved online applicants for domestic checking accounts will receive an email from noreply@amerantbank.com to get started with ClickSWITCH®. The email provides instructions on how to create an account with ClickSWITCH® to transfer over their direct deposits and more. Customers also have the option to disregard the ClickSWITCH® email and not use this service. The option to visit a branch to enroll in ClickSWITCH® is also available.

^** All student Checking account holders will automatically be enrolled in Online statements during account opening. The account holder may Opt-out of online statements through online banking and be assessed a $5 monthly maintenance fee.

¹ At our discretion, we may change the interest rate and the annual percentage yield on the account at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). If you close your account before interest is credited, you will not receive the accrued interest. We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day.

² For additional fees, please refer to our Schedule of Fees.

³ Does not include ATM withdrawals.

⁴ Investment products purchased through Amerant Investments are not FDIC insured and are not deposits or other obligations of, or guaranteed by, Amerant Bank or any of its affiliates and are subject to investment risks including possible loss of principal invested. Member FINRA/SIPC, Registered Investment Adviser.

⁵ Transactions include: ATM withdrawals, POS debits, wire transfers, ACH, checks and deposits.

⁶ Subject to availability or an equivalent discount on a larger Safe Deposit Box

⁷ Average Monthly Balance is used to calculate Monthly Maintenance Fee.

⁸ These charges will be applied when the account’s monthly average balance is less than the monthly average balance required.

⁹ Minimum daily balance is used for International Value Checking.

¹⁰ Applies only to personal domestic accounts.

¹¹ Earn a $100 cash bonus as a new Amerant Bank customer when you open a Student Checking Account with 10 qualifying transactions have posted to your account within 60 days for FL residents only.

Bonus/Account Information: Offer not available to existing Amerant customers, those whose accounts have been closed within 90 days or closed with a negative balance within the last 3 years. To receive the bonus: 1) Open a new Student Checking Account with a $100 minimum opening balance, which is subject to approval at an Amerant Bank branch location until 1/30/25; AND 2) Complete at least 10 qualifying transactions within 60 days of coupon enrollment. After you have completed all the above requirements and the 10 qualifying transactions have posted to your account within 60 days, we’ll deposit the bonus into your new account within 30 days. To receive this bonus, the enrolled account must not be closed, and positive balance or restricted at the time of payout. Eligibility may be limited based on account ownership. Qualifying transactions include: mobile deposit, debit card purchases, online bill payments, Direct Deposit, Zelle®, or ACH credits. Bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). This promotion may be extended, modified or discontinued at any time, and may vary by market.

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 Electronic Funds Transfers Disclosure.

Customers who request wire transfers through an Account Officer, should download the new wire transfer “Wire Transfer Form” to authorize this type of transaction. The E-sign Agreement will only need to be signed the first time a wire transfer is initiated.

For fees related to this service, review our Schedule of Fees.

Deposit Agreement

IMPORTANT FUNDS AVAILABILITY INFORMATION

Please review Amerant’s Deposit Agreement brochure.

Important Information Related to the W-8 Form

The IRS implemented different W-8 forms for individuals and entities. For more detailed information regarding the W-8BEN and W-8BEN-E, visit www.irs.gov.

Please complete the form(s) below:

1. W-8 for Individuals (Personal Accounts W-8BEN)
   In accordance with U.S. Internal Revenue Service – IRS regulations, the Bank is obligated to withhold taxes on U.S. interest to foreign customers unless it has received a properly completed Substitute Form W-8BEN “Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding” from the customer. All Substitute Forms W-8BEN are registered and maintained in the Bank’s files. Please follow the link to the Substitute Form W-8BEN.
2. Explanation of US Mailing Address. Please follow the link to the Form.
3. Send all documentation to: documentos@amerantbank.com. Add copy of unexpired government issued ID for every beneficial owner.

Know Your Customer

Managing a successful Know Your Customer (KYC) Program is a requirement of the U.S. banking system. Learn More.