Relay Business Banking Integration

• Deposit checks and cash
• Send and receive invoices
• Accept ACH transfers
• Wire payments
• Direct Deposits

Easily connect payment apps like these, and others:

• Venmo
• Cash App
• PayPal
• Square
• Melio

Once your account is approved, you can create up to 20 accounts online with just a few clicks of your mouse. Set up accounts to earmark income for day-to-day operating expenses, payroll, taxes and more. You can automate the transfer of income into each checking account using dollar amounts or percentages. Physical or virtual cards can also be created online by you. Assign cards to the business or a specific team member. Physical cards can be shipped to any US or international address, arriving in 8-10 business days. Virtual cards can be used as instantly as they are created. You can set daily and monthly spending limits for each card, as well. 

You can deposit and withdraw cash from any Allpoint ATM for free. There are over 55,000 Allpoint ATMs 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 out-of-network ATMs will charge you a withdrawal fee. Relay Visa® Credit4 Cards cannot be used to withdraw cash. 

Checks can be deposited in your account using the Relay mobile app (available on iPhone and Android).

You can write checks from our web and mobile applications, and we’ll send them to the recipient on your behalf. You can also print third-party check books with your Relay account and routing number. To access third-party check writing you must fund your Relay account with a minimum of $100.

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

Yes! Actually you can demo some of our training videos here.

 Yes! Relay is the official banking platform for Profit First Professionals and is built to keep you on track with the Profit First method. That’s because each business gets:

• Up to 20 real checking accounts (not just envelopes) with no hidden fees or minimum balance requirements.
• The ability to give each checking account a unique nickname (i.e., Income, Profit, Owner’s Pay, Taxes, Operating Expenses)
• Percent-based transfers between checking accounts
• Auto-transfer rules that can automate your Profit First allocations on a daily, weekly, twice-monthly or monthly basis
• Secure collaboration features that make it easy to get coaching from a Certified Profit First Professional inside Relay

Relay is so easy to setup. It takes only 5 minutes. No credit check and no minium balance. 

 Absolutely! You can use role-based permissions to provide colleagues and advisors with the exact level of access they need to help with bill payments, debit card management, bookkeeping and more. Each invited user will have their own login credentials, protected by two-factor authentication—to keep your banking account and money safe. 

 You can use Relay on any web or mobile browser! You can also download the Relay mobile app onto your iPhone or Android. 

 Yes! FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.

Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions on the sweep program. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. 

 Relay is unable to support any business that deals with provisioning and exchanging cryptocurrency, the sale of firearms or weapons, credit repair, privately owned ATMs, money services, unlawful internet gambling and cannabis sales. 

 Relay currently offers term loans. Please inquire to learn more.