What type of bank accounts can I use for underwriting?
Brex uses connected bank accounts to determine your company’s credit limit.
Generally, no matter the account type, we can only accept bank accounts that are:
Domestic bank accounts with funds denominated in USD.
Types of acceptable bank accounts
Bank savings or checking
Investment and brokerage accounts
Cash equivalents (cash, money markets, etc)
Short-term debt securities (bonds, Treasury Bills, other types of fixed income)
Some assets we do not use to underwrite
Long-term debt securities
Other accounts may be considered if they’re liquid and short-term–typically with maturities of less than 12 months. These include, but are not limited to:
Sweep or autosweep accounts
If a sweep account statement shows a $0 balance, Brex will require statements or a connection with both the sweep account and the originating account.
Money market accounts
Money market mutual funds will only be accepted if invested entirely in short-term assets.