Why are you asking for certain documents during my application process?
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.
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 account and/or card admins to review and confirm various account information. This can include things like your address, industry, beneficial ownership information, etc.
Only one account or card admin on your account will need to confirm this information, but all account and card 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.