Commercial banking directory
Preferred & Restricted Banks
An informational reference directory of preferred commercial banking institutions and non-supported fintech platforms for direct bank payment processing with Green.Money™.
#1 Recommended Partner
Partner Spotlight: Old Glory Bank
Our top recommendation is Old Glory Bank. For years, they have proven to be an outstanding commercial partner to Green.Money™ and our merchants, delivering reliable, high-quality commercial business checking services at competitive fee schedules without third-party sponsor-bank intermediaries.
Old Glory Bank Only: RUO Peptides Temporarily Paused
Old Glory Bank has temporarily paused onboarding new commercial accounts for Research Use Only (RUO) Peptides as they study the industry further. This pause applies only to Old Glory Bank. Our other preferred banks continue to work with RUO Peptide merchants, and all other supported high-risk and specialized commercial categories remain fully accepted at Old Glory Bank.
Preferred Banks.
The following chartered financial institutions provide dedicated commercial checking accounts compatible with GreenPay™ direct bank rails. Transactions deposit directly into your commercial checking account on predictable timelines.
Bank of America
Nationwide commercial banking network with full corporate treasury deposit handling.
Chase (JPMorgan Chase)
Established commercial and business accounts supporting high-volume electronic processing.
Citibank
Treasury and trade solutions with direct commercial routing for business commerce.
First Citizens Bank
Commercial business checking accounts with dedicated relationship management.
PNC Bank
Robust treasury management infrastructure with corporate business checking options.
Regions Bank
Regional commercial banking presence with automated electronic deposit capabilities.
TD Bank
Commercial treasury direct solutions with accessible business checking structures.
Truist Bank
Corporate and commercial banking services equipped for electronic authorizations.
U.S. Bank
SinglePoint commercial platform delivering institutional account visibility and electronic rails.
Restricted & Non-Preferred Institutions.
The following consumer apps, neobanks, and fintech platforms are not supported for merchant payment processing:
Bancorp
Sponsor Bank (Not Supported)Chime
Consumer App (Not Supported)Green Dot
Prepaid Card Rail (Not Supported)Lead Bank
Fintech Sponsor Rail (Not Supported)Mercury
Choice Financial / Column NA VirtualMetaBank (Pathward)
Prepaid Rail (Not Supported)Slash Financial
Cross River Bank VirtualStockman Bank of Montana
Restricted Policy (Not Supported)Wise
Cross-Border Fintech / Virtual FBOConsumer Wallets
PayPal Personal / Cash App / Venmo
Why Are Neobanks Restricted?
Consumer fintech applications and neobanks operate through third-party sponsor banks using virtual FBO (For Benefit Of) pooled accounts. Because they do not provide dedicated commercial treasury deposit routing, incoming commercial settlements frequently face automated rejections, administrative holds, or return codes.
Banking questions.
What is Green.Money™'s top recommended bank?
Our top recommendation is Old Glory Bank. They provide dedicated commercial business checking accounts with reliable payment processing compatibility, pro-merchant policies, and competitive commercial fee structures without third-party sponsor-bank intermediaries. Note: Old Glory Bank is currently not accepting RUO Peptides as they study the industry further. All other supported commercial categories remain active.
Which commercial banks are on the Preferred Banks list?
Our preferred commercial banking partners include Old Glory Bank, Bank of America, Chase (JPMorgan Chase), Citibank, First Citizens Bank, PNC Bank, Regions Bank, TD Bank, Truist Bank, and U.S. Bank.
Can I process payments if my bank is not on the Preferred list?
To process transactions into a non-preferred bank, we require Remote Deposit Capture (RDC) credentials. If you do not already have RDC, request it from your business banker. You may also move your deposits to any institution on our Preferred Banks list, which removes the RDC requirement entirely.
Why are fintech neobanks like Chime, Mercury, Wise, and Green Dot restricted?
Consumer fintech applications and neobanks operate through third-party sponsor banks using virtual FBO pooled accounts. Because they lack direct commercial treasury deposit routing, incoming commercial settlements frequently face automated rejections or account holds.