Banking built for lawyers | Nota by M&T Bank

Account Options

We created a platform that accommodates your business needs.
Choose the account that is right for you.

Account Overview Common fee schedule	Business Checking & IOLTA	Business Checking	IOLTA
Account pricing¹	$0 monthly maintenance fee	$0 monthly maintenance fee	$0 monthly maintenance fee
NO cost Nota platform and features
NO minimum balance requirements
NO monthly maintenance fees
NO transaction requirements
Higher mobile check deposit limits: $50,000 daily; $100,000 monthly
NO charges on incoming / outgoing wires
NO charges on incoming / outgoing ACH
NO charge for official checks
NO charge for first check order

Note: You must be enrolled in Nota for this fee schedule to apply. Even when no monthly maintenance charge applies, other transaction and service fees may apply, including insufficient funds (NSF) and overdraft fees. Click here for a list of common fees.

Nota features

These features are included at no cost with all three account options

Cloud-based platform
Real-time bank account integration
7-year digital paper trail
Integrations with practice management, legal payment and accounting platforms
Check printing
Custom transaction notes
IOLTA one-click reconciliation reports and virtual client sub-accounts
Custom alerts for IOLTA untagged transactions and outstanding checks
Custom categories to track business checking transactions

Clio Integration QuickBooks Integration Lawpay Integration

Get started in 3 easy steps

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Sign up for Nota - the platform that links your business checking and IOLTA accounts

Open your business checking and/or IOLTA account online

Link Nota to your M&T Online Banking account

Banking services powered by M&T Bank, Member FDIC.

References to “IOLTA” or “Interest on Lawyers Trust Account” shall be interpreted to include “IOLA,” or “Interest on Lawyer Account,” and “IOTA,” or “Interest on Trust Account,” as applicable in a particular state.

Nota is a product/service offered by M&T Bank and is available to attorneys whose offices and practices are in NY, NJ, MD, PA, DE, CT, VA, DC, FL, or WV. IOLTA accounts held by lawyers in these states must be subject to applicable state rules and regulations. The advertised product/services and their features and availability are subject to change without notice at any time. Use of the product/service is subject to and governed by certain terms, conditions, and agreements required by M&T Bank.

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Company

About Us

Disclosures:

1 There is no charge for the use of Nota. The advertised pricing is for new-to-bank customers that open an M&T Simple Checking for Business account or open both an M&T IOLTA and M&T Simple Checking for Business account and enroll in Nota. All wire charges on the operating account are waived. This includes phone, online, and branch-initiated wires. Outbound domestic wire functionality is only available with a linked operating account. The customer must be a law firm with 5 or fewer partners, members, or managing members. Counsel, of counsel, associates, paralegals, support staff, and those in similar roles are not included for purposes of determining whether a law firm qualifies for the advertised pricing. M&T Bank’s standard deposit account and service fees still apply for M&T Simple Checking for Business customers that are not enrolled in Nota or for those that open only an M&T IOLTA account when enrolling in Nota.

Unless otherwise specified, all advertised offers and terms and conditions of accounts and services are subject to change at any time without notice. After an account is opened or service begins, it is subject to its features, conditions and terms, which are subject to change at any time in accordance with applicable laws and agreements. Please contact an M&T representative for full details.