As a Brex Admin, you will need to choose a bank account to use for card payments during your Brex account set up. These payments will be made automatically at the end of your statement cycle, or the preceding Friday when the date falls on a weekend.
Once an autopay account is selected, we will deposit and withdraw $.01 for validation. It is critical that Brex is validated by an active bank account with sufficient funds seeing as a failed payment will result in an immediate credit reduction. Please follow the steps outlined below to ensure a successful validation.
Setting up your autopay account:
During the Brex account setup flow, you will be asked to connect your bank to Brex in order for us to determine your company’s credit limit. Once successfully connected, you will be asked to select one account to use for card payments.
If you are unable to successfully connect your bank to Brex, you will be asked to provide us with your two most recent bank statements, as well as the full account and routing numbers for the bank account you would like to make payments to Brex from.
In both cases, we will immediately deposit and withdraw $.01 for validation.
IMPORTANT NOTE: To avoid any service interruptions, confirm with your bank that Brex is whitelisted for ACH payments. Our organization Name: "Brex Inc"; Organization ID: "7320517957 AND 8195391000".
Changing your autopay account:
Brex Admins are able to update their autopay account at any time by following the steps below.
Step 1: Click on the Settings tab on the bottom left corner of the Brex dashboard
Step 2: On the Company tab, find Autopay Accounts and click on Manage autopay
Step 3: Here, you will be provided with a list of connected funding sources to choose from, including your Brex Cash account if you are a Brex Cash customer
We will immediately deposit and withdraw $.01 for validation. To avoid any service interruptions, confirm with your bank that Brex is whitelisted for ACH payments. Our organization Name: "Brex Inc"; Organization ID: "7320517957 AND 8195391000".
Important note: The next payment you make after updating your autopay account will take 3-5 business days to become available as spending room.
For more information around how payment schedules with Brex work, please read the following articles: