Overview
Brex, at a glance.
Brex is a fintech company headquartered in the United States, regulated by State regulators, SEC and FINRA, DNB. Business accounts cost from $0 a month. Opening an account takes 3–5 days. Non-residents are accepted: owners and directors do not need to live in the country where the company is registered.
Brex is not a bank. Checking is provided by Column N.A., a member of the FDIC. Treasury investments are not FDIC-insured.
Why businesses pick Brex
- Plans start at $0 per user
- No Brex fee on ACH or wires, including international wires
- Corporate cards with spend controls, bill pay and reimbursements in one place
- Payments out in 67 currencies
- Holds an EU payment institution licence through the Netherlands and is bringing European companies on in stages
Watch out for
- The US account is only for US companies with an EIN, US operations and a physical US address
- Owners can live abroad, but a virtual address is accepted only when an owner is physically in the United States
- Sole proprietors and unincorporated partnerships cannot apply
- Holds US dollars only and has no IBAN
- Card spending in other currencies costs up to 3%
- Money services businesses, cannabis and adult content are not accepted
Business fit
Will Brex accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Brex's published rules
Likely no
Brex does not list United Kingdom among the countries where it accepts companies.
Brex does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Brex publishes about the businesses it takes on.
Who Brex serves
- Startups and SMEs
- IT and software
- SaaS
- NGOs and charities
Not supported
Industries and countries Brex does not accept, from its own published lists.
Industries
- Activity that breaks the law or sanctions, including OFAC programmes
- Businesses with anonymous or unverifiable owners
- Personal spending from business accounts
- Money services businesses: currency exchange, money transfer and cheque cashing
- Marijuana-related activities, including medical marijuana
- Sexual services and adult content
- Illicit drug trafficking
- Ponzi, pyramid and pump-and-dump schemes
- Counterfeit goods
- Unauthorised ticket resale
- Illegal imports or exports
- Pseudo-medical and pseudo-pharmaceutical companies
Countries
- Not published
Coverage
Where can you use Brex?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
USD only
Hold and receive · 1 currencies
- USD
Pay out · 67 currencies
- EUR
- USD
- GBP
- CHF
- CAD
- AUD
- JPY
- AED
- ALL
- AMD
- ARS
- BBD
- BMD
- BOB
- BRL
- BSD
- CNY
- COP
- CRC
- CZK
- DOP
- DZD
- ETB
- GEL
- GHS
- GTQ
- HKD
- HTG
- HUF
- ILS
- INR
- ISK
- JMD
- KES
- KHR
- KWD
- KYD
- LKR
- MAD
- MNT
- MOP
- MXN
- NGN
- NIO
- NPR
- NZD
- PEN
- PHP
- PKR
- PLN
- PYG
- QAR
- RON
- RSD
- RWF
- SEK
- SGD
- SLE
- THB
- TND
- TRY
- TTD
- TWD
- TZS
- VND
- XOF
- ZAR
Payment reach
Not published
Who can apply
Company incorporation countries1 countries · show list
- United States
Owner nationality
Not publishedOwner residency
Not publishedCompany types
C corporations, S corporations, Limited liability companies (LLC), Limited liability partnerships (LLP), Non-profits, case by case
Pricing
What does Brex cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Not published
Monthly fee
$0–12
depends on plan
Base
Lowest cost$0 per month
Setup fee not published
Advanced features
$12 per month
Setup fee not published
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| ACH / local USD | Free | No charge |
| Outgoing | ||
| SWIFT / international | Free | No charge · Other banks on the route may charge |
| ACH / local USD | Free | No charge |
Other fees
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Card FX | Up to 3% | Percentage of the amount |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Create an account
Choose the products you want and enter the US business address and ownership.
- 2
Company details
Provide the EIN, ID, and the beneficial owners and controlling officer.
- 3
Finances
Connect a bank account or upload financial statements.
- 4
Review
Submit the application for Brex's review.
Documents you need
- Government photo ID
- SSN may be requested for KYC
- US EIN / IRS letter
- Articles or Certificate of Incorporation/Organization
- US business licence or registration where applicable
- Business and owner address evidence
- Beneficial-owner and controlling-officer information
- Bank connection or statements for financial review
FAQ
Your questions, answered.
Is Brex a bank?
No. Brex is a financial technology company. Its checking account is provided by Column N.A., a member of the FDIC. Brex Payments LLC is a licensed money transmitter and Brex Treasury LLC a registered broker-dealer. Brex also holds a payment institution licence in the European Union.
How much does Brex cost?
Plans start at $0 per user a month, and advanced features cost $12 per user a month. Brex charges nothing for ACH or wires. Card spending in other currencies costs up to 3%.
Who can open a Brex account?
Companies incorporated in the United States with an EIN, US operations and a US address: C corporations, S corporations, LLCs and LLPs. Sole proprietors and unincorporated partnerships cannot apply.
Can non-US residents open a Brex account?
Yes, for a US company. Owners do not have to live in the United States, but the company needs US operations and a physical US address; a virtual address is accepted only when an owner or controlling officer is physically in the United States.
Is Brex available in Europe?
Brex holds a payment institution licence in the European Union, obtained through the Netherlands in August 2025, and is bringing European companies on in stages. Its published account requirements still describe the US account.
Does Brex have an IBAN?
No. The account uses US account and routing numbers, and international wires are received in US dollars.
Which businesses does Brex not accept?
Its prohibited list includes money services businesses, marijuana-related activity, sexual services and adult content, counterfeit goods, and pseudo-medical companies.
Alternatives
How Brex compares.
If Brex is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 BrexThis pageFintech company |   | Corporate cardsSpend management |
 RampFintech company | | Corporate cardsFree checking |
 MercuryFintech company | | US business accountNon-residents accepted |
 AirwallexE-money institution |   | Global accountsOnline businesses |
 Revolut BusinessBank |  | Cards and spend controlsStartups and SMEs |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.