Business FAQs

All Business Banking Products and Services are offered by Axos Bank, which is an FDIC-insured financial institution. If you would like to calculate your insurance coverage, use the FDIC online Electronic Deposit Insurance Estimator at https://www5.fdic.gov/edie. For further information about temporary unlimited FDIC insurance coverage of some transaction accounts, visit www.fdic.gov. You can review all financials and recent news about Axos Bank at www.axosfinancial.com.

There are several ways that you can contact Axos Bank:

• Secure message: Log into your account on the bottom left hand side of the screen you will see an option for Secure Messages. Select “Send Message” to send a Secure Message regarding your account.
• Phone: Contact a Business Relationship Manager at 1-844-678-2726 during business hours Monday - Friday 6:00 a.m. to 6:00 p.m. (PT).
• Fax: Contact Axos Bank via fax at 1-858-350-0443.
• Traditional mail: Send mail via USPS to
  Axos Bank
  P.O. Box 509127
  San Diego, CA 92150-9127
• Email: Send us an email at [email protected] Please note, unless you use secure messaging functionality, we strongly recommend that you never send confidential information using regular email.

The Axos Bank routing and transit number is 122287251.

Sending a wire out from Axos Bank
To send an outbound wire, please complete our Wire Form and send it via one of the following methods:
Email: [email protected]
Fax: 1-858-350-0443.
Outbound wires must be to the credit of the Axos Bank account holder.

• Wire cut-off times:
• Domestic – 1:00 p.m. (PT)
• International – 12:00 p.m. (PT)

Wiring funds into Axos Bank

To wire funds into an Axos Bank account you will need the following information:

• Axos Bank ABA/Routing Transit Number: 122287251
• Address:
  Axos Bank
  4350 La Jolla Village Drive, Suite 140
  San Diego, CA 92122

Ensure the wire is to the benefit of your name and your account number at Axos Bank. Wire cut-off time for same day processing: 1:00 p.m. (PT). Should you or your bank have any questions, please contact a Business Relationship Manager at (844) 678-2726 during business hours Monday - Friday 6:00 a.m. to 6:00 p.m. (PT).

You may change your contact details using one of the following methods:

• Secure message: Log into your account on the bottom left hand side of the screen you will see an option for Secure Messages. Select “Send Message” to send a Secure Message regarding your account. Please include all of the updated contact information in your email.
• Phone: Contact a Business Relationship Manager at (844) 678-2726 during business hours Monday - Friday 6:00 a.m. to 6:00 p.m. (PT).
• Fax: Send instructions, along with a signature, to 1-858-350-0443.
• USPS: Send instructions, along with a signature, to Axos Bank P.O. Box 509127 San Diego, CA 92150-9127

With an Axos Bank online bank account, you can use any ATM nationwide — any brand.

The combined ATM/Debit card limits per account are as follows:

ATM LIMIT	POS/PURCHASE LIMIT
$1,010	$5,000

Yes, you may designate individual accessibility levels to people associated with your business, which allows for added flexibility, security, and accountability. Please contact a business Relationship Manager for more details: (844) 678-2726. To send a Secure Message: Log into your account; on the bottom left-hand side of the screen you will see an option for Secure Messages. Select “Send Message” to send a Secure Message regarding your account.

Yes. As a digital bank , we require that you have a current email address and access to a computer. When you apply for an account with Axos Bank, you are asked to give your consent to receive communication and information in electronic form. Axos Bank is able to offer competitive interest rates and accounts due to the fact that we save money on being a branchless bank and do not send out paper communications.

Please view our Business Banking Account Documentation Checklist  for information on the documentation necessary to open an account. When you’re ready to proceed, please click here to open your account.

At this time, Axos Bank only extends business accounts to companies within the United States

Absolutely! Please speak to one of our friendly business banking experts for further details.

Your business checking account may be funded in one of the following ways:

• Wire transaction: Transfer funds to your account at Axos Bank by providing the following information to the transferring institution, bank, or broker:
• Axos Bank
• ABA/Routing Transit Number — 122287251
• Address:
• Axos Bank
• 4350 La Jolla Village Drive, Suite 140
• San Diego, CA 92122

For the benefit of: your company name and your account number
Wire cut-off time for same day processing: 1:00 p.m. (PT).

• Mail a check:
• Axos Bank
• PO Box 509127
• San Diego, CA 92150-9127
• Utilize our mobile app: Remote Deposit Anywhere allows you to deposit a check simply by using your smartphone to take a photo of it. Deposits can be made 24/7 and are fast, easy and secure.
• Have your financial institution initiate a transfer of money to our Bank.

Checks must be made payable to your business exactly as the name appears on your account or you may make checks payable to Axos Bank. In addition, you may endorse the back of the check “For Deposit Only” followed by your signature and the account number.

You can access your online bank account, make payments, or move your money in a variety of ways:

• Use your Visa® Debit card or checks for purchases and payments.
• Pay your bills using our Bill Pay service. 
• Get cash from any ATM nationwide (no matter which bank).
• Access your accounts through our and use many of the same features as Online Banking.
• Deposit checks with the Axos Bank mobile app.

Basic Business Checking, Business Interest Checking, Business Money Market and Non-Profit and Association Money Market accounts have the option to order an introductory starter pack of 50 checks at account opening. Analyzed Checking accounts are eligible for a credit of up to $50 off their first order when purchased through Harland Clarke. Rebate is provided in the form of an account credit. Subsequent checks can be purchased from the provider of your choice, such as . Our routing number is 122287251.

Regulation CC requires that financial institutions such as Axos Bank inform customers when check holds have been placed. Axos Bank may delay the availability to funds from your check deposits to allow us time to verify the deposit and ensure the funds are collected. The email notice states when the funds will be available. Refer to the Funds Availability Policy for further details.

The hold time is sent out in the email notifying you of the hold. Refer to the Funds Availability Policy for further details.

You can fund your Business Money Market account or Business Savings account using one of the following methods:

• Wire transaction: Transfer funds to your account at Axos Bank by providing the following information to the transferring institution, bank, or broker:
  Axos Bank
  ABA/Routing Transit Number — 122287251
  Address:
  Axos Bank
  4350 La Jolla Village Drive, Suite 140
  San Diego, CA 92122
  For the benefit of: your company name and your account number
  Wire cut-off time for same day processing: 1:00 p.m. (PT).
• Mail a check:
  Axos Bank
  PO Box 509127
  San Diego, CA 92150-9127
• Utilize our mobile app: Remote Deposit Anywhere allows you to deposit a check simply by using your smartphone to take a photo of it. Deposits can be made 24/7 and are fast, easy and secure.
• Have your financial institution initiate a transfer of money to our Bank

Checks must be made payable to your business exactly as its name appears on your account. You may also make checks payable to Axos Bank or endorse the back of the check “For Deposit Only” followed by your signature and the account number.

You can withdraw money from your account via a wire transfer. Business Savings Account holders who have a checking account with bill pay can also withdraw money from the account online via funds transfer. Business Money Market account holders also have the option of using their debit card, writing a check from the account, or withdrawing money online via funds transfer.
Federal law limits the number of withdrawals and transfers from all U.S. savings and money market accounts to six (6) transfers per statement cycle. For each transaction that exceeds this limit, you will pay a $10 fee. See the Business Deposit Account Agreement and Schedule of Fees for more information.

Federal law limits the number of withdrawals and transfers from all U.S. savings and money market accounts to six (6) transfers per statement cycle. For each transaction that exceeds this limit, you will pay a $10 fee. See the Business Deposit Account Agreement and Schedule of Fees for more information.

To renew a Certificate of Deposit, you may use one of the following methods:

• Secure message: Log into your account on the bottom left-hand side of the screen you will see an option for Secure Messages. Select “Send Message” to send a Secure Message regarding your account. Please include in your email the new term you wish to renew your Certificate of Deposit into.
• Phone: Contact a Business Relationship Manager at 1-844-678-2726 during business hours Monday through Friday 6:00 a.m. to 6:00 p.m. (PST).
• Fax: Send instructions, including the new term and your signature, to 1-858-350-0443.
• USPS: Send instructions, including the new term and your signature, to
  Axos Bank
  PO Box 509127
  San Diego, CA 92150-9127

Business CDs automatically renew for the same term and at the current interest rate then paid for the term in which the account was renewed. The grace period to make changes without penalty is 10 calendar days from the maturity date. For complete details, please refer to our Business Deposit Account Agreement and Schedule of Fees.

It is best to leave your money in the CD for the entire term. An early withdrawal penalty will apply if you withdraw any or all of your funds before the CD matures. For complete details, please refer to our Business Deposit Account Agreement and Schedule of Fees.

Yes. Please use the following form to request interest disbursements: click here

Axos Bank does not charge any fees to open or maintain a certificate of deposit.

No. Additional deposits cannot be made during the initial term of a CD. Once the CD matures, however, you will have the opportunity to deposit additional funds and roll over the CD into a new term. This can be done during the 10-day grace period that commences at the maturity date.

The $250,000 standard FDIC insurance maximum applies to each insured capacity per bank. Theoretically, you could break a large amount of money into $250,000 chunks and deposit those chunks into multiple accounts at FDIC-insured institutions throughout the nation. Or you can work with a member of the CDARS® Network, such as Axos Bank. As a member of the CDARS® Network, Axos Bank divides your deposit into smaller amounts and places it into other FDIC-insured institutions, also members of the CDARS® Network. Those institutions then issue certificates of deposit in amounts under $250,000, making them all eligible for FDIC insurance coverage. You receive the practical benefit of working with a single institution, Axos Bank, while receiving the financial benefits of working with many.

The funds you place through CDARS® are deposited only in FDIC-insured banks. Axos Bank acts as the primary custodian for your CDARS deposits, and the sub-custodian for CDARS deposits is The Bank of New York Mellon (“BNY Mellon”).
Unique to CDARS, you can obtain a confirmation of records maintained by BNY Mellon as the sub-custodian of your deposits in order to reconcile those records with the statements you receive from us. At any time, as often as you wish, you can request a certified statement from BNY Mellon that confirms the exact amount of your certificates of deposit, including the principal balance and accrued interest, for each FDIC-insured institution that has issued a CD through CDARS®.
You can submit a request for the certified statement, along with BNY Mellon's processing fee, through Axos Bank. BNY Mellon will send the certified statement directly to you or to another party, such as an auditor, that you designate for such purposes.

When Axos Bank exchanges deposits with other members of the CDARS® Network, it is done on a dollar-for-dollar basis. In other words, the same amount of funds that we put into the Network returns to us. As a result, the total amount of your original deposit will remain with our bank and can be used for local lending (CDARS® ReciprocalSM transactions only).

Your account information is completely safe. Your fiduciary relationship will remain strictly between you and Axos Bank.

Although several banks in the United States have failed in recent years, the vast majority have not been members of the CDARS® Network, nor did they hold any CDARS® deposits when they failed. In those rare events that Network banks have failed, the CDs issued by those banks have, for the greater part, been transferred to healthy financial institutions, which is the preferred method of the FDIC for handling such circumstances. In cases in which the FDIC was unable to find a healthy institution willing to accept such a transfer, it has arranged for the payment of the insured principal and accrued interest to the depositors. Generally, a resolution was reached within a matter of days.
Please go to http://www.fdic.gov/deposit/index.html to learn more about FDIC insurance. For more information on the CDARS® program, please call 877-887-3030.

CD Terms	Early Withdrawal Penalty
4 weeks 13 week	FULL interest to maturity
26 weeks 52 week 104week 156week 260week	HALFinterest to maturity

No penalty will be charged for early withdrawal of a CD upon the death of an individual who is the sole account holder or joint account holder of the CD, named account holder, individual who is the sole current mandatory or discretionary beneficiary of a trust, or sole current beneficiary of a unitrust or annuity trust.