Banking built for
how business moves
A full-stack business banking platform — ACH, wires, intrabank transfers, and Pay-by-Bank — all managed from one place. No legacy friction, no unnecessary fees.
What We Offer
Core Capabilities
Everything your business needs to operate, monitor, and scale payment infrastructure.
Platform Access
Access banking operations through an intuitive web platform. Manage accounts, initiate transfers, and monitor transactions with controls designed for business efficiency.
Real-Time Account Monitoring
Track balances, monitor transaction status, and access detailed payment history. Real-time updates ensure accurate reconciliation and operational visibility.
Security & Compliance
Banking services provided by Grasshopper Bank, N.A., Member FDIC. FDIC-insured deposits, institutional security standards, and a comprehensive compliance framework.
Payment Controls
Manage payment operations with configurable workflows and approval processes. Maintain clear oversight and control over all business transactions.
How Accounts Work
Account Structure
Business Checking Accounts
FDIC-insured checking accounts provided by Grasshopper Bank, N.A. Support for multiple accounts per business, customizable permissions, and detailed transaction controls.
Account Permissions
Granular access controls for team members. Assign specific permissions for viewing balances, initiating transfers, and managing account settings.
Multi-Account Management
Operate multiple accounts under a single business entity. Ideal for managing different business units, segregating funds, or organizing payment flows.
Move Money
Payment Features
ACH Processing
ACHSame-day ACH capabilities with clear cutoff times. Process credits and debits with NACHA compliance, automated validation, and return handling.
- Same-day ACH for qualifying transactions
- Standard ACH processing Monday through Friday
- Automated NACHA validation
- Return and exception handling
Intrabank Transfers
IntrabankTransfer funds between eligible SkyFi accounts without additional transaction fees. Funds are typically available quickly within the network.
- Typically quick settlement
- No additional transaction fees
- Available 24/7
- Real-time confirmation
Wire Transfers
WireFedwire and SWIFT-enabled transfers for large, time-sensitive payments — both domestic and international. Same-day processing with full tracking and Grasshopper Bank infrastructure.
Domestic Wires
- Same-day processing with cutoff compliance
- Fedwire network infrastructure
- Detailed wire tracking
- Business day processing
- Beneficiary name & address required
Routing Details
026015024026015244Beneficiary name and recipient address required. The 026015244 routing number is also used for ACH and specific fintech/commercial clients.
International Wires
- SWIFT/BIC network support
- Intermediary bank routing via PCBBUS66
- Foreign currency — contact Client Services
- Beneficiary name & address required
Routing Details
026015024GRNOUS33PCBBUS66Pacific Coast Bankers' Bank — For foreign currency international wires, contact Client Services directly.
Check Deposit
RDCDeposit checks remotely through SkyFi's Remote Deposit Capture feature. A partial amount is made available after day 1, with full funds available after 5 business days.
Remote Deposit Capture
Deposit checks from anywhere via the RDC feature
Partial Funds — Day 1
A portion of the deposited amount is made available the next day
Full Funds — 5 Business Days
Complete availability after the standard clearing period
Review & Hold Policies
Subject to review; holds may apply based on deposit history
Secure Linking
External Account Connections
Link any external bank account to SkyFi using Plaid, one of the most widely used bank connectivity networks in the country. Plaid supports thousands of financial institutions, from the largest national banks to regional credit unions.
If your bank is supported by Plaid, you can link it directly through the SkyFi platform in minutes. Your banking credentials are never shared with SkyFi — authentication is handled entirely through Plaid's secure, encrypted flow.
Powered by Plaid
Industry-standard bank connectivity trusted by thousands of financial apps across the US.
Thousands of Institutions
Major banks, regional credit unions, and online-only institutions — if it's in Plaid's network, it's supported.
Credentials Stay Private
SkyFi never sees your external bank login. Authentication flows entirely through Plaid.
Revoke Anytime
Remove linked accounts from your dashboard at any time with no friction.
Bank not in Plaid's network?
If your financial institution is not supported by Plaid, contact SkyFi support. Our team will work with you directly to verify your external account through an alternative process and get it set up on your account.
Contact supportExternal account connections are facilitated through Plaid Inc. and are subject to Plaid's terms of service. Connections and associated transfers may be subject to additional review or limits as determined by SkyFi or Grasshopper Bank, N.A., Member FDIC.
Pay-by-Bank
Billions Back
Customers pay directly from their bank account — no card network involved. Dramatically lower fees and fewer chargebacks.
0.50%
As low as
per transaction
90%
Up to less
vs. credit cards
Lower
Chargeback
exposure
How it works
Five steps. No card data.
No card data. Ever.
Select Pay-by-Bank
Stays at your bank.
Log in to your bank
Verified before funds move.
Verify ownership
First settlement. Same day.
Funds move via Same-Day ACH
Real-time. One line item.
Instant confirmation
Why it's secure
Built into the rails, not bolted on.
PCI
Reduced scope
Zero attack surface.
No card data
MFA
Always on
Your bank's security.
Bank-native auth
Fraud
Blocked at source
Identity first.
Pre-debit verification
256-bit
TLS
Credentials stay at the bank.
End-to-end encrypted
FDIC
Member bank
A regulated bank.
FDIC-insured
Fee Comparison
What you actually pay
Typical processing costs across payment methods. Pay-by-Bank eliminates card network interchange entirely.
Payment Method
Typical Fee
Notes
Processing Schedule
Pay-by-Bank Schedule
Pay-by-Bank payments process through the Federal Reserve in daily windows. Missing a cut-off rolls to the next available window automatically.
Window
Submit By
Fed Processes By
Funds Settle By
Morning
9:00 AM ET
may be earlier
10:30 AM ET
~1:00 PM ET
Mid-Day
1:30 PM ET
range: 12:00–1:30
2:45 PM ET
~5:00 PM ET
Late Afternoon
4:00 PM ET
range: 3:30–4:30
4:45 PM ET
~6:00 PM ET
Miss a cut-off?
The transaction automatically rolls into the next available processing window — no action needed.
If a payment is submitted after the 12:00 PM ET cut-off — the last same-day window — it will not process that day.
Instead, it automatically rolls forward to the first available window the next business day (11:00 AM ET cut-off). No action is required from you or your customer — the payment is queued and will go out on its own.
Timing reflects when the payment is processed for settlement. The receiving bank controls when funds are made available, which may take longer than same-day in some cases.
Weekends and federal holidays are not business days. Payments submitted Friday after the last cut-off will process on the following Monday (or Tuesday if Monday is a holiday).
Statement Descriptor
What your customer will see after paying
Your statement line will read SKYFI* READYMIX C — limited to 10 characters after the prefix.
We recommend adding a short note at checkout — something like "Your bank statement will show SKYFI* [Business Name]" — so customers recognize the charge and don't flag it.
Merchant processing fees are subject to eligibility, transaction volume, and account standing. Fees as low as 50 basis points (0.50%) apply to qualifying transactions only. Actual fees may vary. Banking services provided by Grasshopper Bank, N.A., Member FDIC. Pay-by-Bank payments are processed via ACH and are subject to applicable NACHA rules and return risk.
Ready to move money with precision?
Talk to our team and see how SkyFi can support your business payment operations.
Deposits held at Grasshopper Bank, N.A., Member FDIC. View disclosure