Periodic account review

Overview

At Brex, protecting your account and complying with financial regulations are top priorities. As a financial technology company, we are required by federal law to maintain current records for all our customers.

This periodic review helps us:

Comply with Regulations: We must periodically verify customer information to prevent fraud, money laundering, and other illicit activities.

Keep Your Account Secure: Ensuring we have the correct company information is a crucial step in protecting your account from unauthorized access.

Ensure Uninterrupted Service: Having accurate information helps prevent potential disruptions to your ability to use cards, send payments, or access your Brex business account.

What the Review Process Looks Like

Our periodic review is designed to be quick and easy. We ask you to simply to confirm that the information we have on file is still correct and make edits if anything has changed since last time you provided this information.

Step 1: You will receive an email and see a banner in your Brex dashboard prompting you to start the review. You can start the process from the notification.

Step 2: We will present you with the key company information we have on file, such as:

• Beneficial Owner(s) and Controlling Officer(s) Information
• Legal Business Name, Address, Industry, and Tax ID Number (EIN)

Step 3: Confirm or Update: If all information is correct, simply confirm and finish. If something has changed, the prompt will guide you to update the specific information.