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Relay Business Checking

Relay Business Checking contract and early termination fee

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Relay Business Checking contract and early termination fee
TermDetail
Initial termMonth to monthRelay (opens in a new tab) · Contract or terms · No minimum term: the agreement lets you close the account at any time by email (section 3.16).
Early termination fee (ETF)You can close the account at any time, for any reason, by email; Relay may refuse while the balance is negative. Move your money out first; a closed account with more than $1 is paid out by paper check. Relay can also suspend or close the account at its discretion, and may close it after 12 months without deposits or withdrawals (section 3.16).Relay (opens in a new tab) · Contract or terms ·
How the ETF is calculatedNot researched yet
Right to raise pricesFees can change at any time; Relay will give advance notice where the law requires it (section 3.22).Relay (opens in a new tab) · Contract or terms ·
Trial period14 daysRelay (opens in a new tab) · Vendor website · For the paid Grow and Scale plans; Starter is $0.

This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.

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