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:

  • Business accounts

  • Domestic bank accounts with funds denominated in USD.

Types of acceptable bank accounts

  • Bank savings or checking

  • Investment and brokerage accounts

    • Cash

    • 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

  • Equities (stocks)

  • Mutual funds

  • Long-term debt securities

  • Options

  • Cryptocurrency

Other accounts

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.

  • Time deposits

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