Relay Quick Start: Don't Sign Up Until You Watch This!

[@lavieestbelle6068]

Thank you, your video was detailed and informative. I signed up for an account using your link.

[@ababiya_worku]

when God send you at the right place at the right time! just wow! and its crazy you only have 5.3k views, I guess we are the lucky ones who end up here! Relay Forever! specially The profit 1st Method is insane! cause I'm reading the book! thank you for this!

[@Retipster]

Thanks for being here! I'm glad you found it!

[@ababiya_worku]

@@Retipster yes sir!🙏 So true, they are miles ahead of all Banks in the world!

[@RuralVacantLandcom]

They gave me a $2500 deposit limit. I asked and they upped it to 5K. Doing land deals I get a lot of checks over 5K. They want more bank statements and financial history to go higher. My other banks let me do up to 30K or 50K daily mobile phone check deposits. These guys fees are lower! If you have a check over their mobile phone limit you can't mail it in and there are no branches to go to either. I should stop accepting larger checks I guess if I am using this account for my business.

[@Retipster]

Oh yikes. Thanks for letting me know. How long has your account been open? I wonder what other info they would need to increase those limits? Maybe their customer service could help iron that out. I have to imagine there's a way to get those numbers higher because that just wouldn't work for most serious businesses long-term.

[@tommytinajero2778]

Steer clear of Relay. If you plan on making a deposit, be prepared to jump through lots of hoops. I've never known a bank that does all they can to discourage making a deposit. You heard right. They place limits on how much you can deposit. You have to get approval to deposit more. Asinine.

[@Retipster]

How much were you trying to deposit? I haven't had any problems with this so far... but maybe it's my business type.

[@tommytinajero2778]

$4k the first time. $8k the second. I just opened an account at another bank. I deposited $9,250. They gladly accepted it. Relay has a $5k daily limit on deposits and $20k daily limit on withdrawals. How does that make sense? I don't understand the limits.

[@Retipster]

@@tommytinajero2778 good to know. Thanks for sharing your experience! Which other bank did you end up using?

[@user-vw6sc1oj6k]

Its a white-label Thread Bank. Just like Bluevine, and some others.

[@RohoshyerKhonje]

thanks. it was a great video.

[@Retipster]

Glad you liked it!

[@Yanis-m8v]

Hello, I can't create the account because it asks me for a real address in the United States. The po box or agent registration doesn't work.

[@m.j.mcintear793]

its funny how you said you need social for ein which you're not going to have if you're not a US citizen but I just saw a credit video with a "migrant" thanking the guy for his videos helping him get and finish paying off two i think business vehicles with ITIN which somehow opened doors for him getting a EIn soon and business loans So its a way these days. It's like a new day

[@yoKevology]

Should you use your personal name or business name on the debit card?

[@Retipster]

I use both for mine.

[@TheEmpireIndustry]

for the name on the card, am i putting my name or the company name? the book profit first should i get it and read it?

[@Retipster]

Profit First is definitely worth the read!

[@TasleemPatel-o7h]

Is EIN business license?

[@Retipster]

No, an EIN is not the same as a business license.

[@Ryansanvy]

Thanks a lot 💌💌 I have a question........... Can i spend money on Facebook,Tiktok or Google Advertisements from RELAY Virtual Card Or Physical Card 💳? Please explain 🙏🙏

[@Retipster]

I don’t see why not. Sounds pretty doable to me!

[@insightfool]

But who IS this bank? How do they stay solvent in an environment of bank failures and 0% capitalization requirements? How do they make money? Basic questions.

[@Retipster]

Thread Bank is their partner www.thread.bank - as for how Relay makes money, they do have an optional ‘Pro’ account you can pay for, but aside from that, I’m honestly not sure how they do it.

[@bibekthapamagar5378]

This bank close my account and not allow to access my fund 😢

[@Retipster]

Yikes! That sounds problematic. Did they give you any reason why?

[@bibekthapamagar5378]

@@Retipster no reason 😥

[@workinghardtosuccess5291]

I am starting a new online business and they rejected me, I don’t know why they are stopping new businesses to open a business account with them…

[@Retipster]

Can you contact them and ask why? I'm sure a simple inquiry could help you understand what went wrong.

[@workinghardtosuccess5291]

I just sent them that question, I’m waiting for their response, which I don’t think they respond…

[@yurigarcia5455]

How to open an llc business and get the EIN?

[@Retipster]

Here's how you can start the LLC: kzbin.info/www/bejne/pXK6d6aGmdeXg9ksi=hi6aBzXlFpLH3L9b Here's how you can get the EIN: kzbin.info/www/bejne/Y6e3c5x9hs-rf6ssi=r8U81y8nE4aABn9A Good luck!