Rho Account (Checking) APY
FDIC insurance coverage per client Rho Account
FDIC insurance coverage per client Treasury Management Account
Account minimum balance
$50k For domestic-owned companies $100k For internationally-owned companies.
Remote check deposit limit
Each Rho Account may only receive up to $15,000.00 USD per day in check deposits (Example: one check for $15,000.00 USD, 3 separate checks for $5,000.00 USD may be deposited in a single day, etc).
Permitted withdrawals per month from Rho Treasury Account
Same-Day ACH Fee
Domestic Wire Fee
International USD Wire Fee
0.5% for most currencies
0.75% for Asia-Pacific currencies
Additional cards and users
Rho Business Banking does not support ATM withdrawals.
There are no fees for Rho card transactions, however international purchases do not earn cash-back.
Failed Wire and Recall Fees
Each failed wire transaction that is returned to your account will incur a $30USD fee.
Each wire that is sent in error and requires a recall to obtain the funds back to the originating account will also incur a $30USD fee.
*Correspondent or beneficiary bank fees may apply.