Relay1 is the business banking and money management platform that puts small businesses in complete control of their cash flow.
Who we are
Relay is small business banking that puts you in complete control of what youâre earning, spending and saving. With no account fees, overdraft fees, or minimum balance requirements, small business owners banking with Relay can manage their finances worry-free.
Beyond the business banking basics
With Relay, small business owners get:
- Up to 20 individual checking accounts
- 2 savings accounts with 1.00%-3.03% APY2
- Physical and virtual debit cards for you and your team
- Credit cards with up to 1.5% cashback*
- Payments via ACH transfer, wire, or check
- Direct integrations with QuickBooks Online and Xero
- Ability to capture and store receipts for safekeeping
Get the income overview
Collect income in one place to see what youâre working with. Consolidate all of your paymentsâincluding ACH transfers, wires, checks and payouts from tools like PayPal, Stripe, Square and more.
Earmark the essentials
Use up to 20 accounts to organize and allocate income for things like day-to-day expenses and payroll. Automate the transfer of income into each account using dollar amounts or percentages.
Save for the future
Use savings accounts to separate and continually contribute to reserves for taxes, investments in your growth and unexpected emergencies. Savings accounts earn 1.00%-3.00% APY2, and you can open up to 2 savings accounts per business.
Feel in complete control
A crystal-clear picture of your cash flow helps you make more intelligent, more informed decisions about your moneyâno more overspending or overextending.
Make profit a habit
As the official banking platform for Profit First Professionals, Relay keeps you on track with the Profit First method. Open accounts in seconds, set up auto-transfer rules and put allocations on autopilot.
Know where every dollar is going
Take the grind out of expense tracking with ultra-detailed data. Relay cleans and standardizes vendor names, captures receipts from card spend and keeps a record of team spending.
Bookkeeping that doesnât give you a headache
Relay directly syncs comprehensive data for in- and outgoing transactions to QuickBooks Online and Xero for simple, speedy and meticulous bookkeeping.
Delegate your money management
Role-based user permissions allow your accountant, bookkeeper and team members to help with bookkeeping, bill payments, third-party check approvals, and other day-to-day banking tasks.
Make tax season easier
All transactions are neatly reconciled at month-end. Thereâs no need to chase contractors for W-9 forms. Receipts are safely captured and organized. And youâve been saving throughout the year for your tax bill.
Your money â protected
Feel safe knowing that FDIC insurance is provided through Thread Bank.3,4 Your cards are also covered by the VisaÂŽ Zero Liability Protection4 Policy.
All Relay accounts come with:
- FDIC insurance up to $3M via Thread Bank3,4
- VisaÂŽ Zero Liability Protection4
- Two-factor authentication and biometric security
Can I request a live Relay demo?
Relay holds live bi-weekly webinars with members of our Marketing, Sales, and Customer Experience teams for those interested in learning more about our platform.
To register for an upcoming webinar, or to view recordings of past webinars, please visit https://bankwith.relayfi.com/webinars/.
Before submitting an application
Relay supports accounts for businesses that are registered and operate in the United States. Please note that certain industries are not supported on Relay, and business owners residing in the countries listed here will not be eligible for a Relay account at this time.
Additionally, Relay does not support accounts for personal banking, Escrow, trusts, or 401Ks at this time.
Ready to be On the Money?
For a full overview of the required documents and information needed to complete your application, please see Required documents and information.
To apply for a Relay account, please visit https://app.relayfi.com/register. It only takes a few minutes to submit an application.
Still have questions? Our team is ready to help! Contact us