Small Business Banking

Security Deposit Account

Streamline your security deposits, accounting, and tax reporting without any monthly maintenance fees.

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  • No Monthly Account Maintenance Fee
  • No Standard Account Transaction Fees

Get 24/7 Access to Citi Online Tools

  • Monitor funds, view transaction history, and handle wire transfers anytime, anywhere
  • Open and close client accounts online

Streamline Account Management

  • Make deposits and withdrawals to your control account from your tenant’s sub-accounts
  • Transfer money into and out of sub-accounts anytime

Simplify Accounting & Tax Reporting

  • Receive a consolidated monthly statement for your control account and tenant sub-accounts
  • Have 1099 forms prepared and mailed for each tenant sub-account

How does it work?


Choose a control account that works best for your business needs. Select from any of our non-interest bearing checking accounts to serve as your control account

These checking accounts include

Online Banking

Citi’s online banking tools help you manage your day-to-day business transactions

Debit Cards

Make deposits and withdrawals at ATMs1. Get a debit card for yourself and your employees

Bill Pay

Manage all of your bills online in one place

Account Alerts

Set your alert preferences and receive notifications by text or email

Security & Fraud Protection

We help protect your accounts from online fraud risks, so you can bank with confidence


Make mobile transfers, pay your bills, monitor transactions, and more

How to open an account

Prepare your documents

Get the documents you need before you visit the branch.

What to Bring

Visit a branch

Open an account with us by visiting your nearest Citibank branch.

Locate a Branch

Still have questions?

Call our customer service specialists

For TTY: We accept 711 or other Relay Service.
We're available Mon-Fri 7 AM to 11 PM ET and Sat-Sun 9 AM to 5:30 PM ET.

Services to help grow your business

  1. Get cash, view account information and make transfers between your eligible linked Citibank accounts with no surcharge fee when you use your Citibank Banking Card at ATMs in the U.S. located at Citibank branches and select retail store locations, as well as participating in the MoneyPass® Network. ATMs in other retail stores and other non-Citi locations are not owned or operated by Citibank. Use the Citi Worldwide ATM/Branch Locator on Citibank Online or the Citi Mobile® App to find the nearest ATMs and branches, including non-Citibank ATMs in the U.S. with no surcharge fee.

    MoneyPass is a registered trademark of U.S. Bank National Association.