Relay is modern banking built for small business. Sign up online and in minutes, you’ll have a FDIC-insured business checking account and a VISA debit card. Once you add funds to your account, you can use your VISA debit card online or offline, and make payments via ACH, wire and check. You can also receive payments via ACH, wire or check.
Welcome to the world of modern banking.
In seconds, you can create new checking accounts and manage your money your way. Want a dedicated account for taxes? Create it. Want to allocate your budget per account? Do it. Want an account for payroll? All possible on Relay.
With the click of a button, new corporate cards can be issued. They can be physical VISA debit cards or virtual cards. Physical VISA debit cards will be mailed immediately to the recipient. Virtual cards can be used instantly. You can also set daily, weekly and monthly limits on the cards, as you see fit.
Yes. Relay can be used by everyone from freelancers to 100+ person companies. It’s designed with a roles-based permission model that makes it easy and secure to give the appropriate access to whoever needs it, at the click of a button.
Relay can be used by everyone from freelancers to 100+ person companies, as long as they have a social security number and driver’s license or passport. We support U.S-based LLCs, Corporations, Partnerships and Sole Proprietorships. This includes foreign businesses with a U.S. entity.
In the future, we hope to directly support corporations based in Canada, the UK and Australia. Email us email@example.com if that’s something you’d like to see us support.
Of course. Your money’s safety is our top priority. That’s why each Relay account is FDIC insured up to $250,000.
We’ve partnered with the fine folks at Evolve Bank & Trust, member FDIC, to open and maintain Relay checking accounts and issue Relay VISA debit cards. Evolve Bank & Trust was established almost a century ago and has over $470 million in assets.
Yes. And, you can do so without incurring foreign transaction fees or paying unreasonable forex rates. The Relay VISA debit card will work anywhere VISA is accepted.
Relay is unable to support businesses that deal in providing or exchanging cryptocurrency, privately owned ATMs, money services, unlawful internet gambling, or cannabis sales.
None currently. We offer no-fee banking. You get free checking accounts, VISA debit cards, ACH, wires and checks. Pretty sweet. And then you throw in no minimum balances, no transfer fees and unlimited transactions.
It’s likely that we’ll eventually start charging for outgoing wires ($10) and layer in premium features and services for a monthly fee.
We’ve long believed that banks are growth limiters, rather than growth enablers. That’s why we’re building Relay to position your business for success. When you use your Relay debit card, we earn a small amount from VISA via the merchant fees. There’s no fee to you.
Relay can be accessed anywhere you have an internet connection and is available as an app for iPhone and Android.
You can withdraw or deposit cash from any Moneypass ATM for free. There are 32,000 across the United States.
You can also use any ATM in the world without getting charged a fee by Relay. However, it’s likely that the owners of those ATMs will charge you a fee.
Monthly statements will be available online and will be sent to you via email. If you would like a physical copy, you are welcome to print the statement from your computer.
We offer remote check deposit via our mobile app, available on both iPhone and Android.
And, you can write checks from our web or mobile applications and we’ll send it on your behalf. Though, we do recommend using digital payments like ACH or wire if possible. They’re cheaper, faster and better for the environment!
Not yet. We’d love to offer this for our business owners and would love your feedback on the best way to offer this to you. Email us at firstname.lastname@example.org with your ideas! We’ll respond quickly (and likely enthusiastically).