Relay

★★★★★ 4.8

Cash Flow Operating System for SMBs

Organize every dollar before you spend it. Relay isn't just a business bank—it's a cash flow management platform that puts small businesses in complete control of their money through multiple accounts and smart automations.

20 Checking Accounts Cash Flow Automation Profit-First Banking Accounts Payable QuickBooks & Xero Sync

Best for Small Businesses, Agencies, Service Businesses, and Accounting Firms.

Decision Indicators

Best ForSMB Cash Flow Hub
AccountsUp to 20 Checking
Profit-FirstNative Support
Bill PayOCR & Approval
Team PermissionsRole-based Access
AutomationsAuto-Split Rules
Accounting SyncReal-time (QBO/Xero)
Monthly Fee$0 (Standard)
Users110,000+ Businesses

Kiree Verdict

Relay is the definitive "Cash Flow Banking Platform." While Mercury focuses on tech startups and Wise on global FX, Relay is built specifically for small businesses that need complete control over their daily cash flow. Its true strength lies in the "Money Bucket" architecture—allowing you to split funds across 20 accounts to manage payroll, taxes, and profit effortlessly. If you are an SMB, an agency, or an accounting-conscious founder looking to implement Profit-First banking, Relay is your ideal Cash Flow Hub.

Best For

  • • Small Businesses & Agencies
  • • Service-based Businesses
  • • Construction & Real Estate
  • • Accounting & Bookkeeping Firms
  • • Profit-First Practitioners

Not Recommended For

  • • Cross-border First Businesses (Wise is better)
  • • Need Merchant Acquiring (Stripe/PayPal)
  • • Complex Global Treasury Needs
  • • Enterprise-level Finance Operations

How Organized is Your Cash Flow?

Evaluate your current banking architecture and see how Relay can optimize your cash management.

89

Cash Flow Score

Operating

Required

Payroll

Required

Taxes

Required

Profit

Required

Business Checking Built for SMBs

Relay offers up to 20 free checking accounts, allowing you to give every dollar a job before you spend it. No monthly fees, no minimum balances.

Customer Payment → General Operating Account

Operating Account → Specific Money Buckets

Buckets → Payroll, Taxes, & Profit

Account Capabilities

  • • Up to 20 Checking Accounts
  • • $0 Monthly Fees & $0 Minimums
  • • FDIC Insured up to $250k*
  • • Team-based Permission Controls

Money Buckets: Organize Your Cash Flow

The core of Relay is its multi-account architecture. Create accounts for specific purposes and name them accordingly to maintain absolute clarity.

Operating

Payroll

Taxes

Profit

Profit First Banking: Built-in Support

Profit First Architecture

5%

Profit Account

15%

Tax Account

20%

Payroll Account

60%

Operating Account

Why Relay for Profit First?

Relay is the official banking partner for Profit First Professionals. It allows you to automate the percentage-based splits required by the methodology, ensuring your business is profitable from day one.

  • • Auto-split Revenue Rules
  • • Visual Profit-First Dashboard
  • • Percentage-based Transfers

Integrated Accounts Payable

Relay automates your bill pay process. Upload invoices, set up approvals, and pay vendors via ACH, Wire, or Check—all from your banking dashboard.

OCR Invoice Entry

Approval Workflow

ACH / Wire / Check

Real-time Sync

Cash Flow Automations

Set up rules to automatically move money between accounts. For example, automatically move any balance over $10,000 to your Tax account.

Revenue → Auto Split Rules

Account Balance → Threshold Rules

Auto Transfer to Buckets

Automation Rules

  • • Percentage-based Splits
  • • Balance-based Thresholds
  • • Recurring Scheduled Transfers
  • • Auto-Sweep to Savings

Recommended Cash Flow Stack

Relay is the "Cash Flow Hub" that connects your revenue, your team, and your accounting.

Service Agency

Revenue: Bank Transfer

Hub: Relay Cash Flow OS

Accounting: Xero

Construction Business

Project Payments: Relay Accounts

Hub: Relay Cash Flow OS

Accounting: QuickBooks

Accounting Firm

Client Data: Relay Dashboard

Hub: Relay Cash Flow OS

Accounting: Advisor Portal

Relay Limitations

Not a Merchant Account

Relay manages your money, but you still need Stripe or Square to accept card payments.

Limited Global FX

While it supports wires, it's not as optimized for global FX as Wise or Airwallex.

US Business Focus

Primarily designed for US-based small businesses and registered entities.

Advanced Treasury Limited

Focuses on cash flow and operating accounts rather than complex treasury management.

Relay vs Alternatives

Relay vs Mercury

Mercury is for VC-backed startups. Relay is for small businesses that need absolute control over their daily cash flow.

Relay vs Wise

Wise is for global money movement. Relay is for domestic cash flow organization and Profit-First banking.

Relay vs Brex

Brex is an enterprise spend platform. Relay is a smart banking hub for small, growing businesses.

Frequently Asked Questions

Is Relay a bank?

Relay is a financial technology company, not a bank. Banking services are provided by Thread Bank; Member FDIC.

Does Relay support Profit First?

Yes, Relay is the official banking partner for Profit First Professionals and offers native support for the methodology.

How many accounts can I open?

You can open up to 20 checking accounts for free on the standard plan, with more available on higher tiers.