Covering the basics of Relay

Relay is banking designed for growing businesses. Sign up online and in minutes, you’ll have a FDIC-insured business checking account and a Mastercard debit card. Once you add funds to your account, you can use your Mastercard debit card online or offline, and make payments via ACH, wire and check. You can also receive payments via ACH, wire or check.

Yes! 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 Mastercard debit cards or virtual cards, issued to the business or to team members. Physical Mastercard debit cards will be mailed immediately to the recipient. Virtual cards can be used instantly. You can also set daily transation and ATM withdrawal limits on the cards, as you see fit.

Absolutely! Relay can be used by everyone from freelancers to 100+ person companies. It’s built with a user 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.

Relay offers banking for U.S. corporations, LLCs, general partnerships and sole proprietors. We support business owners that are citizens of over 200 countries around the world, including the United States, Canada, United Kingdom, Australia and many others.

In the future, we hope to directly support corporations based in Canada, the UK, and Australia. Email us support@relayfi.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, provided by our partner bank Evolve Bank & Trust; Member FDIC.

We’ve partnered with the fine folks at Evolve Bank & Trust, member FDIC, to open and maintain Relay checking accounts and issue Relay Mastercard debit cards. Evolve Bank & Trust was established in 1925 and has over half a billion in assets.'

Yes. And, you can do so without incurring foreign transaction fees or paying unreasonable forex rates. The Relay Mastercard debit card will work anywhere Mastercard 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.

Relay offers banking with no monthly fees and no minimum balance. Business owners get free checking accounts, Mastercard debit cards, ACH and checks. Pretty sweet. And then you throw in no minimum balances, no transfer fees and unlimited transactions.

We charge for outgoing domestic and international wires ($5 and $10, respectively); incoming are free. Over time, we will likely build premium features that save you time and offer those features for a reasonable monthly subscription.

When you use your Relay debit card, Mastercard shares part of the merchant fee with Relay. The nice part of this is that there are no fees to you and it aligns Relay with the success of your business.

Over time, we will likely build premium features that save you time and offer those features for a reasonable monthly subscription.

Relay can be accessed anywhere you have an internet connection and is available as an app for iPhone and Android.

You can withdraw cash from any Allpoint 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 through your Relay account. If you would like a physical copy, you are welcome to print the statement from your computer.

Absolutely. 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 payment like ACH or wire if possible. They’re cheaper, faster and better for the environment!

Not at present. 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 support@relayfi.com with your ideas!