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