Relay risk score

Relay is a cutting-edge financial technology platform that revolutionizes the way small and medium-sized enterprises (SMEs) manage their banking and finances. Established with the goal of making business banking seamless and transparent, Relay offers a comprehensive suite of tools tailored specifically for effective money management. With a focus on flexibility and control, Relay enables businesses to track their earnings, expenditures, and savings with unprecedented clarity.

One of the platform’s standout features is its offering of up to 20 separate checking accounts, allowing businesses to meticulously organize their income and expenses. This feature is complemented by the provision of up to 50 physical or virtual debit cards, which can be assigned to team members with defined spending limits and secure, role-based permissions. This level of customization fosters enhanced spending management and reduces financial risks.

Financial transaction capabilities on Relay are robust, supporting a variety of methods including ACH transfers, checks, and wire transfers. This ensures that businesses can execute payments and handle deposits efficiently, catering to all their operational needs without the hassle of traditional banking limitations. Moreover, Relay stands out by providing no-fee accounts with no minimum balance requirements, thus supporting better cash flow management for businesses.

Security is paramount at Relay, where banking services are provided via a partnership with Thread Bank, a member of the FDIC. Additionally, the Relay Visa® Debit Card, issued by Thread Bank under a license from Visa U.S.A. Inc., assures widespread acceptance and security.

Relay’s commitment to customer satisfaction is evident through its exceptional support services, offering personalized assistance via email, phone, or chat to address any queries or needs that may arise.

By integrating these features into a single, user-friendly platform, Relay not only simplifies business banking but also empowers businesses to take control of their financial health and focus more on growth and development.