Having access to the right bank accounts is essential when it comes to the success of your small business. Without access to reliable banking services, you would have a hard time maintaining solvency and issuing payments to vendors and employees. Unfortunately, many small business owners waste a lot of money each year on banking fees.

Here are three simple things that you can do to help avoid costly commercial banking fees as your company grows in the future.

1. Avoid going to the ATM.

When you are trying to reduce the amount of money that your small business pays out in banking fees each month, it can be beneficial to avoid making trips to the ATM. Many business owners are surprised to find that they are being charged a fee each time they request cash from an ATM.

Utilizing a non-network ATM can be costly, so it's important that you take the time to plan ahead for cash purchases. Maintain a supply of petty cash that you can utilize to make cash purchases when needed so that you don't have to waste money on ATM fees in the future.

2. Link your accounts.

Many financial institutions charge maintenance fees based on the balance within each account. If you are just starting to grow your company, you may not be able to maintain a high enough balance in a single account to qualify for lower maintenance fees.

Ask your commercial banking representative if you can link all of your company's accounts together so that your maintenance fees will be calculated based on the total amount of money in all your accounts combined. Linking your accounts could help you significantly reduce your monthly banking fees over time.

3. Balance your accounts often.

When you are trying to eliminate commercial banking fees, it is essential that you take the time to balance your accounts on a regular basis. Knowing exactly how much  money you have in each of your accounts at any given time will help you avoid incurring overdraft fees that could add up over time.

A commercial banking representative will be able to help you establish online access to your accounts so that you can reconcile your balances and address any problems from any device with an Internet connection.

Commercial banking plays a critical role in the day-to-day operations of most small companies. Ensure that banking fees aren't eating away your profits by avoiding trips to the ATM, linking your accounts to quality for lower maintenance fees, and balancing your accounts often to avoid overdraft charges in the future.