We keep things simple, helping you save money that you can invest into your business.
Rho is a fintech company, not a bank. Checking and card services provided by Webster Bank, a division of Santander Bank, N.A., member FDIC; savings account services provided by American Deposit Management Co. and its partner banks.
- Same-Day ACH, wires, and checks
- Subscription Fees
- Checking account minimum fees
- Connected, in-platform capabilities: AP, Expense & Accounting Automation
- Per-user fees
- Foreign currency transfer
- Domestic wire recall fee
* Checking account and card services provided by Webster Bank, a division of Santander Bank, N.A., member FDIC; savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services provided by Wise US Inc. Rho is a fintech company, not a bank. Applicable fees for the checking account include a $30 international wire recall fee, an optional $15 SWIFT fee, and a 1% foreign currency conversion fee. International wires in USD can be subject to additional fees set by recipient, correspondent, or intermediary banks, in addition to the SWIFT network. Unless prohibited by law, the late fee shall be three percent (3%) of the delinquent payment balance for each month that the balance remains unpaid for up to six (6) months.
FAQs
Rho's expense management platform is free, with no user or platform usage fees.
Rho Treasury is an RIA (registered investment advisor) and charges a management fee. Please see the ADV-2A Wrap Fee Brochure for further information regarding fees and Rho Treasury.
Rho’s accounts payable automation capabilities are free to Rho customers who have Rho accounts. While Rho does not charge for ACH or wires, clients may experience fees with international wires charged by receiving institutions not controlled by Rho. Check out our pricing page for more information.