Maximize Cash Flow Management with Relay’s Business Checking Account: Streamline Your Finances and Protect Your Business

As a business owner, managing cash flow can be challenging. That’s why Relay offers a business checking account designed to help you keep track of your finances. With the ability to open up to 20 separate checking accounts under the main account, you can easily organize different types of income and expenses. This feature is particularly useful for businesses that need to allocate funds in specific ways.

Another key feature of the Relay business checking account is the ability to issue 50 virtual or physical Visa debit cards, with the option to set spending limits for team members. This feature can be beneficial for businesses with multiple employees or contractors who need access to company funds.

Managing transactions and transferring funds is made simple with Relay’s business checking account. The account accepts various forms of payment such as ACH payments, wire transfers, check deposits, cash, and payments from online processors like PayPal, Square, and Stripe. Recurring transfers and payments can also be set up to ensure timely payments to vendors.

In addition to its transaction management features, Relay’s business checking account also includes bookkeeping and accounting options. The account automatically categorizes transactions for an overview of cash flow data that refreshes every three hours. Integration with QuickBooks, Xero, and Gusto allows for seamless management of financial records and payroll processes.

Lastly, the Relay business checking account provides up to $3 million in FDIC insurance coverage through its cash sweep program with Thread Bank. This program automatically insures all excess deposits for added peace of mind as you manage your cash flow effectively with Relay’s business checking account solution