# Brex business accounts

Get answers to all of your questions regarding Brex

**URL Source:** https://www.brex.com/support/brex-business-accounts

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# Brex business accounts

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    #### Money market funds with your Brex business account →
    
    Funds in your Brex business account that you choose to store in money market funds are segregated and held by Bank of New York Mellon. These funds are invested in the BNY Dreyfus Government Cash Management Investor Shares (DGVXX).
    
    ](/support/mmf-brex-business-account)
    
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    #### International wire instruction requirements →
    
    The purpose of payment code is a code that indicates the reason for a wire transaction, such as trade in goods or services, investment, or other services.
    
    ](/support/international-wire-instruction-requirements)
    
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    #### Troubleshooting Brex BIC →
    
    BIC (Business Identifier Code) and Standard Settlement Instructions (SSIs) are maintained by the SWIFT network and updated periodically with information on new financial institutions.
    
    ](/support/troubleshooting-brex-bic)
    
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    #### Brex business account payment approvals →
    
    Payment or transfer approvals impact Brex business accounts that have any AP clerks or more than one account admin.
    
    ](/support/brex-business-account-payment-approvals)
    
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    #### The Brex business account →
    
    A Brex business account is a cash management account offered by Brex Treasury, a FINRA-registered broker-dealer. While it’s not a bank account, you can use your business account to deposit checks, manage spend, and send or receive payments via ACH, check, and wire.
    
    ](/support/the-brex-business-account)
    
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    #### Multiple Brex business accounts →
    
    If you’re approved for a Brex business account, account admins can create up to 240 individual accounts under one EIN. The individual accounts will have unique account numbers but the same permissions as your primary account. They can be used to deposit funds for various reasons, including different categories of spending. Account admins will also be able to transfer funds instantly between accounts.
    
    ](/support/multiple-brex-business-accounts)
    
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    #### Domestic and international wire transfers →
    
    A wire is a means of transferring funds to or from your Brex business account. There are two types of wire transfers: domestic wires and international wires.
    
    ](/support/domestic-and-international-wires)
    
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    #### Invoicing →
    
    Invoices will be sent out via email, prompting your client to submit an ACH or wire payment, which will be deposited directly to your Brex business account once payment is made.
    
    ](/support/invoicing)
    
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    #### Principal protection  →
    
    To help prevent you from paying unintended fees, we now offer a principal protection option at $15 per outgoing wire.
    
    ](/support/principal-protection)
    
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    #### Manage your Brex business account balance →
    
    You have several options available to help you manage the balance of your Brex business account(s). This includes a number of different sending and deposit options, some of which you can do right from your Brex app.
    
    ](/support/manage-business-account-balance)
    
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    #### Automatic transfers →
    
    Account admins or any other users who have been assigned custom product capability can set up auto-transfer rules to automatically move funds between checking, treasury, vault, and external accounts on a recurring basis based on the available balance in the account.
    
    ](/support/automatic-transfers)
    
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    #### Processing transfers →
    
    We process payments as quickly and safely as possible, though processing times will vary depending on the sending institution and payment method.
    
    ](/support/cash-transfer-processing)
    
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    #### Cancel cash transfers →
    
    You might run into a situation where you want to cancel a cash transfer from your Brex business account that you’ve already initiated. Depending on the type of transfer, this may be possible, though some transfers cannot be canceled, even if they’ve yet to finalize.
    
    ](/support/cancel-cash-transfers)
    
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    #### Depositing checks →
    
    Account admins and AP clerks can deposit checks into your Brex business account from the Brex mobile app.
    
    ](/support/depositing-checks)
    
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    #### Sending checks →
    
    When you have a Brex business account, you can send outbound checks to your vendors.
    
    ](/support/sending-checks)
    
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    #### Sync your Brex business account with other platforms →
    
    To best manage your company funds, you can link your Brex business account with various ecommerce and payroll softwares. You can do so by using your Brex business account details to connect from the dashboard of your desired platform.
    
    ](/support/sync-business-account-with-other-platforms)
    
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    #### ACH transfers →
    
    An automated clearing house (ACH) is a method used to transfer funds to and from your Brex business account. You can initiate an ACH transfer from the Brex platform — using either the dashboard or your app — or you can give your account details to your vendor so that they can push or pull funds externally.
    
    ](/support/ach-transfers)
    
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    #### Tracking cash transfers →
    
    Depending on the method of transfer you use to send an outbound transfer of cash from your Brex business account, the time it takes the funds to settle will vary. You can track the transfer from your Brex dashboard while it processes.
    
    ](/support/tracking-cash-transfers)
    
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    #### Returned wires →
    
    There are a number of reasons you might have one of your outgoing wires returned to your account.
    
    ](/support/returned-wires)
    

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