There are a variety of checking accounts you can open at a bank. Sometimes you have to speak with a banking representative to see what the features and benefits are for the specific products. Most of the checking accounts will have different features. You may want to look into the features of a business checking account if you're looking for an account that will fit your business needs.
Some checking accounts will have a minimum balance requirement. If you go below that balance, your account will be charged a fee every billing cycle that your balance stays below that minimum.
When you open a checking account, you will be issued checks that allow you to pay various creditors. If you need to reorder checks, some accounts will charge a fee and other accounts will allow you to reorder for free.
You can also have a debt card issued with a checking account, which will allow you to make transactions such as deposits, withdrawals and payments. If you use your bank's ATM, you will not be charged a fee. Using another bank's ATM could incur a fee.
If you write a check for more than the balance in your checking account, you will be charged a non-sufficient funds fee.
You can apply for overdraft protection, which gives you a line of credit attached to your checking account to keep the account from overdrafting.