Ramp vs Relay: what each publishes
As of October 17, 2026, we hold published rules from Ramp on 5 of 7 industries and from Relay on 4.
Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.
Where it takes companies from
Policy by industry
| Industry | Ramp | Relay |
|---|---|---|
| Crypto | Depends on the activity | No |
| iGaming | No | No |
| Adult | No | No |
| Unlicensed financial services | No | No |
| Forex and CFD | No | No published rule |
| AI and SaaS | No published rule | No published rule |
| Marketplace | No published rule | No published rule |
Where owners must live
Ramp
No published rule
Relay
No published rule
Rules about countries
Ramp
To qualify for Ramp, your business must be: Be registered in the United States
Relay
Relay cannot open a Relay Account for any business owner who holds citizenship or residency in one of the following countries
All countries named (31)
Afghanistan, Belarus, Bosnia & Herzegovina, Burkina Faso, Burundi, Cambodia, Central African Republic, Cuba, DR Congo, Ethiopia, Guinea-Bissau, Haiti, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, Nigeria, North Korea, Pakistan, Russia, Somalia, South Sudan, Sudan, Syria, Ukraine, Venezuela, Yemen, Zimbabwe
Fees
Ramp
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Ramp Checking Account | Free to open ('Free to open, free to maintain, no balance requirement') | None ('There is no minimum balance requirement, no account opening fee, and no fees required to maintain the Checking Account') | · Source |
Relay
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Starter | Free to open ('Getting started costs nothing') | USD 0 a month | · Source |
| Grow | Free to open ('Getting started costs nothing') | USD 30 a month, with a 14-day trial | · Source |
| Scale | Free to open ('Getting started costs nothing') | USD 90 a month, discounted for a limited time from USD 120 | · Source |
Closing an account
Ramp
Ramp may terminate this Addendum, or suspend your Checking Account, by providing you Notice.
Relay
We may also suspend or close your Account, or suspend, or disable any service or feature of your Account, at our discretion with or without notice.
Licence
| Licensee | Ramp | Relay |
|---|---|---|
| Licensee | Ramp Business Corporation · financial technology company, not a bank · Checking Account deposit services by First Internet Bank of Indiana, Member FDIC (FDIC cert 34607) · money transmission by Ramp Payments Corporation (NMLS 2371465; FinCEN MSB registrant) | Relay Financial Technologies Inc. · financial technology company, not a bank · banking services by Thread Bank (FDIC cert 9499), Member FDIC |
| Regulator | FDIC (partner bank First Internet Bank of Indiana) · | FDIC (partner bank Thread Bank) · |