Why are you asking for certain documents during my application process?

ID

We use photo IDs as part of our Know Your Customer (KYC) requirements for account creation.

Social security number

To comply with the Know Your Customer (KYC) US regulatory requirements, we may ask for your social security number during the application process. This number will not be used to underwrite your account.

Business age

The age of your business can sometimes determine the type of payment schedule Brex offers you, which our team will assess during the application review process.

Account details verification

To help keep your Brex account details accurate, we’ll periodically prompt admins to review and confirm various account information. This can include things like your address, industry, beneficial ownership information, etc.

Only one admin on your account will need to confirm this information, but all admins will receive weekly prompts via email until this has been completed. You can verify your information by either clicking on the prompt in the email or the banner notification in your Brex dashboard.