Goldman Sachs

Investment bank · New York, United States

Goldman Sachs is an investment bank and G-SIB with USD 1.81 trillion in assets and 47,400 employees. It has no small-business accounts. Its Transaction Banking unit, run through Goldman Sachs Bank USA, offers API-based deposits, payments, virtual accounts, FX and escrow to corporate treasurers such as Apollo. The Apple Card consumer programme is being handed to JPMorgan Chase in 2028, and the CFPB consent order of October 2024 over that card still stands. GS DAP tokenizes funds and Goldman joined the 21-bank stablecoin consortium in September 2026.

Legal name: The Goldman Sachs Group, Inc.
Regulated by: Federal Reserve (US), New York State DFS (Goldman Sachs Bank USA), FDIC (US), SEC (US), PRA/FCA (UK), ECB/BaFin (Goldman Sachs Bank Europe SE)
Licence confirmed: yes, on a regulator's own list
Established: 1869
Website: www.goldmansachs.com

Scores, 0 to 10

8.5Financial strength & stability

G-SIB with A1/A+/AA- bank ratings, while the holding company is BBB+ at S&P and A2 at Moody's. · source

6.5Cross-border payments, FX and multi-currency accounts

Transaction Banking includes FX and cross-border payments for corporates but publishes no currency list or margins. API-first platform with virtual integrated accounts, liquidity and escrow, used by Apollo Global Management to centralise treasury. · source

5.0United States

Goldman Sachs Bank USA offers transaction banking to large corporates but no business checking for small companies. · source

5.0Fintech companies that need a partner bank

Platform Solutions and Transaction Banking serve enterprise partners such as Alegeus, but no safeguarding or sponsor-bank programme is published. · source

4.5United Kingdom

Goldman Sachs International Bank in London is rated A1/A+/AA- and serves corporates and institutions only. · source

4.5Best interest on business balances

Demand and term deposits are offered to corporates through Goldman Sachs Bank USA, with no published rate. · source

4.5Startups & VC-backed companies

Competes with JPMorgan for startup relationships through investment banking, without a startup deposit product. · source

4.0Europe (EU, EEA, Switzerland)

Goldman Sachs Bank Europe SE in Frankfurt and Goldman Sachs Paris serve institutional clients; no SME accounts. · source

4.0Crypto-friendly bank

No stated policy for banking crypto firms; involvement is GS DAP tokenization and the 2026 stablecoin consortium. · source

4.0Online businesses: e-commerce and SaaS

No acquiring or merchant services; Transaction Banking is limited to payments, liquidity and escrow. TxB is a cloud platform with developer APIs for accounts and payments, but it is sold to corporate treasuries rather than to small software companies. · source

4.0Bitcoin

Institutional clients such as hedge funds, asset managers and select digital asset firms get price exposure through cash-settled bitcoin options and CME bitcoin futures, and Goldman filed a bitcoin premium income ETF in April 2026, but it does not buy, hold or transfer bitcoin for clients. · source

4.0Ethereum

The same desk offers cash-settled ether options and CME ether futures to institutional clients, which is price exposure only with no ether custody, transfers or staking. · source

3.5Lowest fees

No published pricing and no small-business product; services are negotiated per corporate client. · source

3.0Fast digital onboarding

No online application; client use cases are subject to bank review and approval before implementation. · source

3.0Trade, manufacturing & import-export

Transaction Banking lists payments, liquidity, escrow and digital channels, with no letters of credit or supply-chain finance. · source

3.0Foreign-owned & non-resident companies

Transaction Banking serves corporate treasuries and publishes no onboarding path for small foreign-owned companies. · source

3.0High-risk verticals (iGaming, cannabis, adult, forex)

Goldman Sachs publishes no prohibited-industries policy for Transaction Banking clients. · source

3.0Stablecoins (USDC, USDT and others)

Goldman is one of 21 banks and asset managers that committed on 1 September 2026 to form a company issuing a US dollar stablecoin targeted for the first half of 2027; nothing is live and Goldman offers no stablecoin accounts or payouts today. · source

2.5Customer satisfaction

Trustpilot 1.2 out of 5 from 118 reviews for goldmansachs.com and 1.4 from 227 for Marcus. · source

1.0Business cards (Visa, Mastercard)

Transaction Banking offers deposits, payments, escrow and liquidity products and lists no business card. · source

1.0Crypto wallet and custody for a business

Goldman's digital assets desk trades only cash-settled derivatives and does not trade or hold the underlying tokens (2024), and no custody launch was found in 2026 news, so no company can hold crypto at Goldman, checked September 2026. · source

1.0Accept crypto payments

Goldman Sachs Transaction Banking lists payments, FX, liquidity and escrow for corporate treasurers with no crypto or stablecoin acceptance, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.