Summary
Relay is powerful (and free) business banking designed to help grow your business. This free online business account is a good fit for companies that want to integrate their banking and cash management services.
Relay review for non-residents without SSN
Bank
Relay
SSN Required?
No
ITIN Required?
No
Can Apply Online?
With EIN
Features
- No monthly fees or minimum balance requirements.
- No overdraft fees, unlimited transactions, and free incoming wire transfers.
- Business owners can have up to 20 business checking accounts and 50 Mastercard® debit cards (virtual or physical).
- Ability to set transaction and withdrawal limits on employee debit cards.
Cons
- Cannot deposit cash or order checks.
- Long hold time for deposited checks (up to 6-7 business days).
Link
Payoneer review for non-residents without SSN
Bank
Payoneer
SSN Required?
No
ITIN Required?
No
Can Apply Online?
Yes
Summary
Payoneer offers your business a multi-currency account to pay and get paid globally, as easily as you can locally. This all-in-one account gives you everything you need to get paid by your international clients and global marketplaces, pay your suppliers, and invest in growing your business.
Features
- Global access.
- Low fees.
- Withdraw your earnings locally.
- Pay your global suppliers. contractors and business expenses.
- Licensed and regulated by multiple government regulators.
- Get paid in multiple currencies.
Cons
- High card transaction fees.
- It adds a currency conversion charge of 2% for international transactions.
- It also charges an annual fee for the usage of Mastercard.