Is Relay available for business in Canada?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson
Availability

Relay for business in Canada: Not available

Key eligibility
A business formed in the United States with a US employer identification number
Non resident position
Owners worldwide can apply, but only for a US registered business, not a Canada registered one
Local currency support
US dollar accounts only. No Canadian dollar account
Headline monthly fee
Not applicable in Canada
Availability and fees as of 22 February 2026Last reviewed 22 February 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Relay does not serve businesses registered in Canada. As of 22 February 2026 Relay is a US business banking platform that requires a US business entity and a US employer identification number, so a Canadian company cannot open a Relay account. Owners can apply from many countries, including Canada, but only for a US registered business.

Does Relay serve business customers in Canada?

No, not for a Canada registered business. Relay is a US online business banking platform whose accounts are held with a US partner bank and issued in US dollars. It accepts owners from many countries, including Canada, but the business itself must be formed in the United States with a US employer identification number. A business registered only in Canada cannot open a Relay account as of 22 February 2026.

Eligibility for businesses in Canada

Relay expects a US business entity, such as an LLC or corporation, a US employer identification number, and identity verification for the owners, who may be resident in Canada or elsewhere. A business that exists only in Canada, without a US entity, does not meet these requirements. Verify with the provider

What it costs locally

There is no Canadian pricing because Relay accounts are US dollar accounts for US businesses. Relay advertises no monthly fee on its standard plan and a paid Relay Pro tier, both priced in US dollars, so there is no Canadian dollar fee schedule to quote. As of 22 February 2026

What local users report

Canadian founders who also run a US business sometimes use Relay for their US dollar operations, but for a company that operates and is registered in Canada there is no Canadian dollar Relay account. Businesses needing a Canadian dollar account should look at providers confirmed to serve the market.

Relay does not appear to serve business customers in Canada as of 22 February 2026, or the position is unclear. Verify directly with the provider. Providers confirmed available in Canada are listed on the Canada country guide.

Questions about Relay in Canada

Is Relay available for business in Canada?
No. As of 22 February 2026, Relay serves US registered businesses, not businesses registered in Canada. A Canadian company would need a US entity to apply. Verify with the provider.
Can a Canadian owner open a Relay account?
A Canadian resident can apply, but only for a business formed in the United States with a US employer identification number. As of 22 February 2026, a Canada only business cannot open a Relay account.
Does Relay offer a Canadian dollar account?
No. As of 22 February 2026, Relay accounts are held in US dollars with a US partner bank and there is no Canadian dollar account. Verify with the provider.
What can a business in Canada use instead?
Providers confirmed to serve business customers in Canada are listed on the Canada country guide. As of 22 February 2026, check each provider current eligibility before applying.

Availability, fees, and eligibility change. This page was last reviewed on 22 February 2026. Confirm the current position with Relay before applying.

Related