Adding Funds to Your Relay Account

Once you have registered and your account is verified, you are ready to add funds!

Please note: To transfer funds from your Relay account to your external account, an outgoing ACH transfer is required. For instructions on how to make an ACH payment, click here.

Add funds

1. Go to the Accounts tab on your Relay account.
2. Add Funds will be in the top right-hand corner of the screen.
3. Clicking Add Funds gives three options: Adding from an external account, using a debit card, or using a credit card.

Select the preferred method for instructions.

This article contains the following sections:

• External account: login credentials
• External account: micro-deposits
  • Verifying micro-deposits
  • Micro-deposits for banks that provide login credentials
• Adding funds from linked accounts
• Debit or credit card
• International wires: non-U.S. external accounts

From an external U.S. account

1 to 3 business days. No transaction fee.

Using your login credentials:

1. Click From external account, under Add Funds.

2. Type the bank you would like to add funds from in the search bar. Click on the bank name when it appears. We list every single American bank.

3. Enter your login details for the bank account you would like to connect Relay to, then click Next in the bottom right-hand corner. You may be asked security questions to verify your identity.* 

*If you are not taken to a login page, please see Micro deposits below for an alternative method to adding funds on Relay.

4. Follow the instructions to deposit funds from your external bank account into your Relay account. 

For example, if you would like to connect to your Chase bank account, you would select Chase in the search bar, then enter your login details for Chase. This will connect your Chase account to Relay to easily add funds while staying on the Relay platform.

Using micro-deposits:

1 to 2 business days to connect, 1 to 3 business days for funds to transfer. No transaction fee.

Micro deposits are required when login credentials are not available for your bank. Two deposits under $1 will be sent to your bank account within 1-2 business days, then returned. This will establish a connection between the accounts. Once your account is connected with Relay, you will be able to add funds. Adding funds will take 1 to 3 business days to process.   

1. After selecting From external account, under Accounts > Add funds, type in the bank you would like to add funds from in the search bar. Click on the bank name when it appears.

2. You will need to enter the account type, and the account and routing numbers of the external bank account, then press Next. 

3. Two deposits under $1 will be sent to your bank account, then returned, which will authorize a connection between your external account and Relay. You will need to verify the micro deposit amounts by checking the deposits made by Relay in the external account and entering them in Relay. See below for instructions. 

To verify the deposits once the external account receives them:

1. Go to the Accounts tab.
2. Click Add Funds, then From external account.

3. Click on the unverified account marked in red under Add funds from another bank account. 

4. Enter in the two deposit amounts under $1 received by your external account and click Next.

5. Enter the amount you want transferred from your external account into the selected Relay account and click Done. 

6. Confirm the transfer details, then click Next.
7. Your transfer will have been initiated and will arrive in 1 to 3 business days.

Micro deposits for banks that provide login credential linking:

You can also connect through micro-deposits for banks that provide login credentials.

On the Add funds from another bank account page, start typing in a bank name in the search bar. The bottom result will say; Add a bank, select this option.

You will be taken to the micro-deposit page. Enter the account and routing number, and the account type of the external bank account you would like to connect to.

Once the authorization is completed within 1 to 2 business days you will need to verify the micro deposit amounts by checking the deposits made by Relay in the external account. Please see below for more details. Once the account is verified it will take 1 to 3 business days for the transfer of funds to complete.

To verify the deposits once the external account receives them:

1. Go to the Accounts tab.
2. Click Add Funds, then From external account.

        3. Click on the unverified account marked in red under Add funds from another bank account. 

         4. Enter in the two deposit amounts under $1 received by your external account and click Next.

        5. Enter the amount you want transferred from your external account into the selected Relay account                  and click Done.

6. Confirm the transfer details, then click Next.
7. Your transfer will have been initiated and will arrive in 1 to 3 business days.

Adding funds with connected accounts:

Once accounts are connected they will be listed above the search bar on the Add funds from another bank account page for easy transfers. You can reach this page by selecting Accounts > Add funds > From external account. Accounts connected through login credentials will show the external account balance. Accounts connected with micro-deposits will not. 

If you would like to add funds from a connected external account, select the account you would like to add funds from, as shown above. Then choose the amount and the Relay account you would like to deposit to. 

Using a debit or credit card (U.S. or non-U.S.)

Debit: Instant. 1.5% + 20 cents per transaction.*

Credit: Instant. 3% + 30 cents per transaction.*

*Only available for businesses that have an established transaction history with Relay.

1. Under Accounts > Add Funds, select either Using debit card or Using credit card, depending on the card type you would like to add funds from. 

2. Enter a nickname for the card you are adding funds from for future reference. Enter the card information and click Next to follow additional instructions.

It is important to note that card networks or the associated bank may charge an extra fee on their end for adding funds. 

Adding funds by international wire (non-U.S. external accounts)

If you are adding funds from a foreign or non-U.S. bank account, you will have to wire transfer funds from the bank you will be sending money from. The sending bank will exchange the currency into USD, if necessary.

If external funds will be internationally wired to your Relay account, please contact our Support Team to receive wire transfer instructions.

If internationally wiring funds through a foreign bank is not ideal, TransferWise provides easy wire transfers and upfront fees, with a mid-market exchange rate.

Things to know

• To transfer funds from your Relay account to your external account, an outgoing ACH transfer is required. For instructions on how to do this, click here.

Questions? Get in touch with our Support Team at support@relayfi.com or 1 (888) 205-9304.