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Countries you can send a Global FX Transfer to with Rho Rho partners with banks to offer businesses the ability to make transactions worldwide in over 200 countries and territories. Rho is able to accept most transactions and offers global banking for recipients in all countries that are permitted by U.S. law and are not otherwise prohibited or ineligible. As a U.S. company, Rho and its affiliates must comply with U.S. law, including trade sanctions administered and enforced by the Office of Foreign Assets Control (OFAC). For example, OFAC prohibits and restricts transactions with certain countries. Rho is committed to remaining compliant with its affiliates and applicable regulations. Please see our full list of RESTRICTED regions/countries here . Currencies supported by Rho Currency Name Currency Australian Dollar AUD Canadian Dollar CAD Bulgarian Lev BGN Swiss Franc CHF Czech Koruna CZK Danish Krone DKK Egyptian Pound EGP Euro EUR British Pound GBP (SWIFT payments currently unsupported) Georgian Lari GEL Hungarian Forint HUF Indian Rupee INR Japanese Yen JPY Norwegian Krone NOK Polish Złoty PLN Romanian Leu RON Swedish Krona SEK United States Dollar USD Colombian Pesos COP Israeli Shekel ILS Pakistani Rupee PKR (payments to businesses currently unsupported)

When scheduling one-time or recurring payments, it's important to note that once scheduled payments reach their due date, they are sent out at approximately 4am EST that day. We release scheduled payments early to ensure that all scheduled domestic wires and ACHs meet the same-day cut-off time, and are settled by that evening. This means you cannot schedule a payment on the same day you plan to release it. (For example, if you are scheduling a payment on January 2nd to be released on January 2nd the payment will not go out). If you do accidentally schedule a payment on the same day it needs to go out, it will not be released, nor will it default to the next business day automatically. Instead, that payment will be struck as overdue in your Scheduled Payments Tab. To send a payment in real-time you will need to select the black and green Make A Payment button in your banking tab. On the transaction details page of that payment, be sure to select the "Send Now" option (vs Send Later). This also means that any scheduled payments that need approval, must be approved prior to 4am EST on their due date, or the payment will not be released. For scheduled payments that are from Accounts Payable Bills only: Please make sure the Payment Date is set as a business day (Monday-Friday). Any payment dates set for weekend days (Saturday or Sunday) will not be sent, and be reflected as "overdue" in your Payments Tab.

What happens when I write a check through Rho? When you cut a check through Rho, funds are set aside immediately after you send the payments in the banking account. We do this to ensure that there are sufficient funds every time a check is cashed. Funds do not leave your checking account until Rho receives notice that the check has been cashed by the recipient. What happens to checks that dont clear the bank? Checks that do not clear the recipient bank will eventually be voided after 90 calendar days. Does Rho remove or cancel the checks that are outstanding after a certain amount of time? Any check that has not been cashed in 90 calendar days will be voided automatically. Can I see a list of checks that havent cleared yet? You can see checks that have not cleared by going to the all activity page on the banking dashboard and filtering status of transaction to Pending. Any checks in pending have not been cashed. If the address we have on the check is no good, where does the check get returned? The check gets returned back to your business address that we have on file. Check flow when a check is successfully cashed Check flow when your vendor does not cash your check

Rho allows you to effortlessly move money from any linked external account right into your Rho checking account. You can choose between an instant transfer or schedule one for a later time, as well as set the transfers to be recurring transactions. Rho processes these transactions as ACH transfers, keeping your financial activities swift and seamless. Settlement Time: Linked Account transfers can take 3-5 business days to settle.For more information about linking an external account, see How to connect to an external bank account. To transfer funds, click the Banking icon from the Rho toolbar, then select the desired account on the left side of the page. Click the Move Funds button in the upper-right corner of the screen, choose the Deposit option, and click on Use Linked Accounts . Specify the deposit information, and then click Continue . How much would you like to transfer?: Enter the amount of money to be transferred from the linked account to your Rho account in US Dollars. Transfer From: Click the drop-down list to select the linked account that the money is transferred from. Transfer To: Click the drop-down list to select the Rho account that the money will be deposited into. How often?: By default, the money is scheduled to be transferred only once (One Time Only). To specify a recurring transfer, click the drop-down list and select the desired frequency: - One Time Only (default) - Every day - Every week - Every month - Every year When should it go through? By default, the money is scheduled to be transferred immediately (Now). To specify a later date, click Later and then specify the desired date. All immediate transfers are displayed on the Banking tab in the transactions table, and all scheduled transfers will be displayed under the Scheduled Transfers tab in Banking. Note : If you schedule a recurring transfer using the How often? field, Rho bases the transfer on the date specified in the When should it go through? field. For example, if you schedule a monthly transfer (Every Month) with a scheduled date of 01/01/2024, then the first recurring transfer will occur on 02/01/2024. Confirm Transfer Details: A confirmation page displays, click Confirm Transfer if the information is correct. Note : If your external account requests specific numbers to whitelist when initiating a pull, please contact our Client Services (clientservice@rho.co) for the exact codes required to unblock within your external bank and ensure successful processing. Note : If you have multiple checking accounts under one Business, you will not be able to directly link a "sub-account" to an external account. All external accounts are linked to the Rho account as a whole (subs included). However, when going to "deposit funds" in your Banking tab using our linked account feature, you can choose which sub-account to send funds to, and from which linked external account the funds will originate.

These are the daily payment limitations: Domestic Wires: Incoming wire transfers into your Rho Account are limited to $25 million per day. Outgoing wires are limited to $10 million per day. Larger wires can be accommodated, as long as they are communicated to us in advance. For more information about sending money via wire transfer, see Transferring money to vendor via domestic wire and Transferring money to vendor via international wire . International Wires: Outgoing International wires are limited to $2.5mm per day. Incoming international wires can be accommodated up to $10 million per day. ACH Transfers: Incoming and Outgoing ACH transfers to and from your Rho Account are limited to $5 million per transaction. Larger ACH transfers can be accommodated, as long as they are communicated to us in advance. For more information about sending money via ACH, see Transferring money using an ACH transfer . Linked External Accounts: Incoming and outgoing linked-account transfers are limited to $5 million per transaction, though larger amounts can be accommodated by speaking to our team. Linked-account transfers can take up to 5 business days to settle. Transferring money from a linked account to Rho . Check Deposits : Please note, check deposits take 6-7 business days to clear. Check deposits in excess of $15,000.00 in one business day may be subject to additional screening and delays in settlement. If your business needs to send a transfer for a larger sum, please contact your Rho Specialist at 855-7-GETRHO or clientservice@rho.co and they will assist you in amending your controls. Limitations are placed on transactional activities for the protection of our clients and Rho.

Can I send bulk transfers from my Rho account? If you'd like to set up bulk transfers from your Rho account, reach out to us at 855-7-GETRHO or at Bank@Rho.co to discuss your specific needs. Bulk transfers are only permitted on a case-by-case basis, and companies must comply with any relevant laws and regulations. How do I view a list of all past transfers? In your Rho dashboard, navigate to the Banking tab > All Recent Activity > View All. Can I link Rho to PayPal? Yes, you can. To link a business PayPal account to Rho, first log in to PayPal. Find the 'Pay & Get Paid' tab. Then, select 'Banks & Cards' and 'Link a New Bank.' Under the list of banks to connect, you will need to type in any mix of letters (eg. abcdefghi) in the search bar in order to prompt the option 'Don't see your bank here?'. Once you see that option, click that to enter your Rho routing and account number details. When connecting your Rho account, double-check that the name of the entity on your PayPal account explicitly matches the name of the entity on your Rho account. Micro-deposits will be used to link your account. The Micro deposits should appear in your Rho account from PayPal within 2-3 business days. Once they arrive, you can log back into PayPal to confirm the amounts you received. Your connection will then be active. What Are the Differences Between ACHs and Domestic Wires? While ACHs and Domestic Wires are both domestic payments, there are a few differences between these types of payments: 1. They run on different networks An ACH transfer (a.k.a. direct deposit) is a method of sending funds from one bank to another using the Automated Clearing House (ACH) network. To process an ACH transfer, a request is made from the payor's bank account. Then, funds are sent via the ACH network to the recipient's bank. The Automated Clearing House network is a network of financial institutions, including banks and credit unions, that are batching transactions between them, guided by the rule-making organization, Nacha . ACH is a US-only network, thus not available for vendors outside the United States. Wire transfers are electronic interbank payments used to transfer funds directly from one entity's bank account to another's. Wire instructions include the bank account number and ABA bank routing number for the vendor receiving the money. Wire transfers are individual requests, while ACH transfers are handled in batches. For example, employee payroll checks are often directly deposited using ACH transfers. 2. Banks may have different routing numbers to accept ACHs or wires As these are two different types of payments, many banks have different routing numbers reserved for receiving ACHs, separate from the routing number they use to receive wires. Before sending a payment, be sure to check that the routing number you have for the recipient bank accepts ACHs, wires, or both. 3. Fees While Rho does not charge for sending and receiving ACHs or wires, other banks may have sending/receiving fees for these transfers. In general, at other banks, ACH transactions are lower-cost than wire transfers. 4. Settlement times Each financial institution sets its cutoff time policy for sending same-business-day bank wires. With wire payments, funds are immediately available within 24 hours of arriving in the vendor's bank account. At Rho, wires sent prior to 4:45 p.m. EST will arrive same-day. Wires sent after 4:45 p.m. EST will land the next business day. ACHs sent before 2 p.m. EST will land the same day. ACHs sent after 2 p.m. EST will land within 1-3 business days. 5. Ability to recall or dispute a payment ACHs are much easier to recall or dispute. Once funds have been wired, because of the immediacy, recalling erroneous transactions is much more difficult. Conclusion: Wire transfers and ACH transfers serve different needs. Wire transfers are best when speed and certainty are critical. ACH payments are good for small, frequent payments. As long as everybody involved trusts each other, its cost-effective to use this automated system. Common examples of ACH payments include: Direct deposit of employee pay or benefits from Social Security Automatic monthly bill payments to utilities, lenders, and other service providers Moving money between your accounts at different banks Automatic contributions to retirement accounts or education savings accounts Some merchants and organizations also like ACH transfers for one-off payments to avoid their bank's recipient wire fees. Can I connect my Rho account into a third party? Yes, connecting your Rho account to third-party services is supported via the Plaid integration or through Mastercard's Data Connection product, Finicity. Additionally, if you use a third-party app built on Stripe Financial Connections (such as Stripe payment processing, payouts, or payroll tools like Central), you can now connect that app directly to your Rho bank account! Rho is supported within Stripe Financial Connections, so no workarounds are required. Simply connect your Rho account when prompted within the third-party app.

Restricted Countries Rho does not support payments to the following countries. For details and notes on specific categories and payment types, please reference the tables below. General restriction: All payments to and from these countries are unsupported. Owners from these countries are also ineligible to apply for an account (for more information, check out our article on ineligible locations ). Code Value Country CU Cuba IR Iran, Islamic Republic of KP Korea, People's Democratic Republic RU Russian Federation SS South Sudan SD Sudan SY Syrian Arab Republic VE Venezuela, Bolivarian Republic International Banking Payment restriction: Code Value Country AF Afghanistan BI Burundi BY Belarus BZ Belize BQ Bonaire AS American Samoa BV Bouvet Island CF Central African Republic CW Curaçao TD Chad Crimea ER Eritrea IQ Iraq LY Libya CG Congo (Republic of the Congo) CD Congo, Democratic Republic of the Congo DJ Djibouti Donetsk and Luhansk People's Republic TF French Southern Territories GU Guam GN Guinea PK Pakistan NG Nigeria GQ Equatorial Guinea MG Madagascar SZ Swaziland SO Somalia BL Saint Barthelemy MF Saint Martin (French Part) TM Turkmenistan PS Palestine JO Jordan IO British Indian Ocean Territory VE Venezuela TG Togo TK Tokelau SY Syria GS South Georgia and the South Sandwich Island YT Mayotte MM Myanmar KP North Korea SX Sint Maarten CM Cameroon YE Yemen ZW Zimbabwe Exceptions: Code Value Country Currency BD Bangladesh BDT (Payments to businesses are currently not supported) BR Brazil BRL (Payments to businesses are currently not supported) CO Colombia COP (Payments to businesses are currently not supported) EH Western Sahara MAD (Payments to individuals and businesses are supported) TZ Tanzania TZS (Payments to businesses are currently not supported) QA Qatar EUR or GNP (Payments in USD unsupported at this time) PK Pakistan PKR (Payments to businesses are currently not supported) Card Transaction restriction: Card transactions originating from or directed to merchants in these countries are not permitted. Code Value Country AF Afghanistan BI Burundi BY Belarus CF Central African Republic TD Chad CG Congo (Republic of the Congo) CD Congo, Democratic Republic of the Congo Donetsk and Luhansk People's Republic MM Myanmar IQ Iraq AL Eritrea AL Albania AO Angola BA Bosnia and Herzegovina ET Ethiopia HT Haiti LA Lao People's Democratic Republic LB Lebanon LY Libya SO Somalia YE Yemen ML Mali Crimea MR Mauritania ME Montenegro NI Nicaragua NE Niger NG Nigeria GN Guinea GW Guinea-Bissau GQ Equatorial Guinea UA Ukraine MK North Macedonia EG Egypt XK Kosovo PS Palestine PK Pakistan ZW Zimbabwe Industry Restrictions for International Payments Currently, entities holding an account at Rho that fall under the following industries are not permitted to send international payments: Weapons / military-grade security Pawnbrokers Political organizations Precious metals and stones Adult entertainment Drug paraphernalia CBD and related products Carbon credits Cryptocurrencies Gambling Ponzi / pyramid schemes Firms involved in the servicing of illegal goods/services including but not limited to: counterfeit goods/trademark infringement, human trafficking, child labor, prostitution. Additionally, please keep in mind that international payments sent to recipients in these industries may be rejected or subject to additional compliance screenings.

If you're awaiting an incoming payment that was sent to your Rho account, here's how long it will take to settle: Payment Type Settlement Time Incoming Linked Account Transfer (These happen via the ACH network) Up to 5 business days (ex: A linked account transfer initiated Monday morning should land Thursday afternoon.) Incoming ACH 1-3 business days Incoming Domestic Wire 1-2 business days Incoming International Wire 1-5 business days Remote Check Deposit 2-3 business days, subject to risk-based monitoring (generally up to 6-7 business days) Savings to Checking Account Transfers 2 business days Treasury to Checking Account Transfers T-Bills 2 business days if initiated before 5 pm ET 3 business days if initiated after 5 pm ET or on a weekend or market holiday Mutual funds (MULSX or VFSTX) 2 business days if initiated before 4 pm ET 3 business days if initiated after 4 pm ET or on a weekend or market holiday If an expected payment hasn't arrived to your Rho account: The best option is often to call the sending bank. However, we're happy to try to help. Please refer here for information on attempting to trace incoming funds. Please also note that Rho does not have visibility or control over external banks' settlement times/policies. Note: Settlement times can vary based on the policies of the sending and correspondent banks. Business Days means Monday through Friday, excluding bank holidays. Deposits made after 2PM ET on a business day or on a Saturday, Sunday or bank holiday are considered received on the next business day. If you sent a payment from your Rho account to a vendor, here's how long it will take to settle in their account: Payment Type Settlement Time Outgoing ACH Same-day if created before 2 pm ET and under $1mm Next day if created after 2 pm ET, or over $1mm Outgoing Domestic Wire Same-day if created before 4:45 pm ET Next day if created after 4:45 pm ET Outgoing International Wire 1-3 business days, up to 5 business days* Outgoing Printed Check Up to 8 business days to arrive at recipient address (via USPS) Once deposited, settlement times depend on the recipient bank Internal Transfers Within the Same Business (Checking to Checking) Within 1 hour Internal Transfers Between Different Businesses Holding Accounts at Rho (Checking to Checking) 1 business day Checking to Savings Account Transfers 2 business days Checking to Treasury Account Transfers T-Bills 2 business days if initiated before 5 pm ET 3 business days if initiated after 5 pm ET or on a weekend or market holiday Mutual funds (MULSX or VFSTX) 2 business days if initiated before 4 pm ET 3 business days if initiated after 4 pm ET or on a weekend or market holiday Vendor-Initiated ACH Pulls from a Rho Account Next day (depending on the external bank policies) Note: Please employ discretion before allowing this service by your vendors. If a sent payment hasn't arrived to your vendor's account: Please reach out to clientservice@rho.co to assist you in locating your payment. Please also note that Rho does not have visibility or control over external banks' settlement times/policies. Please note that payments over $1mm could take an extra day to settle. *Settlement Time for Outgoing International Wires Settlement time for Outgoing International Wires can vary based on several factors. Understanding these can give you a better estimate of when your payment should arrive. Heres a detailed breakdown of what may influence the settlement time for outgoing international wires: Payment Method: Some payment methods are faster than others. Currency Type: The currency you're sending to can affect how long the transfer might take. Banking Hours and Holidays: Transactions are processed on business days. If a payment is sent over a weekend or public holiday, it will be processed the next working day. Security Checks: All transactions are subject to standard compliance checks, which may add extra time to your transfer. Estimated Transfer Times: For payments not sent via the Swift network , the settlement time can range between 1 and 3 business days . However, please take into account that converting your money can take up to 2 working days. SWIFT payments can take longer than regular payments because they go through correspondent banks. We suggest waiting 4 to 5 business days for these payments to settle. Note: We can't speed up SWIFT payments, but if your payment is taking longer than expected, please let us know.