Does Relay accept unlicensed financial services businesses? (October 2026)
No: as of October 12, 2026, Relay does not accept unlicensed financial services businesses, per its published policy.
No
Licensee: Relay Financial Technologies Inc. (FDIC (partner bank Thread Bank))
What the policy says
Relay cannot open a Relay Account for businesses operating in any of the following industries: … Money Services Businesses (see the full list below)
Has this rule changed? Tell us