Relay Bank

In today's dynamic business environment, small enterprises require banking solutions that are both flexible and robust. Traditional banking systems often come with limitations such as high fees, lack of integration with accounting software, and inadequate tools for cash flow management. Recognizing these challenges, Relay Bank was established to bridge the gap between traditional banking and the evolving needs of modern businesses.

One of the standout features of Relay is its ability to create up to 20 individual checking accounts per business. This functionality allows businesses to allocate funds for specific purposes—such as operating expenses, payroll, taxes, and savings—facilitating better budgeting and financial organization. By segregating funds, businesses can gain clearer insights into their financial health and ensure that allocated funds are used appropriately.

Relay's user-centric approach extends to its customer support, offering assistance through email and phone during business hours. The platform also provides resources such as webinars and blog articles to help businesses maximize the benefits of its features.

Key Features & Specifications

• Multiple Checking Accounts: Create up to 20 individual checking accounts to allocate funds for various business needs, enhancing financial organization and clarity.
• Debit Card Issuance: Issue up to 50 virtual or physical Visa® debit cards with customizable spending limits, empowering employees while maintaining control over expenses.
• Accounting Software Integration: Seamlessly integrate with accounting platforms like QuickBooks Online and Xero, ensuring accurate and up-to-date financial records.
• Fee Structure: Enjoy banking services with no account fees, overdraft charges, or minimum balance requirements, reducing overall banking costs.