The policy discloses that linking a business bank account to Brex results in Brex receiving bank routing numbers, account numbers, and account balances, and that third-party accounting systems and bank integrations may provide Brex with data on external transactions, business finances, and revenue.
This analysis describes what Brex's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision establishes that Brex's integrations may result in collection of detailed external financial data including account balances, external transactions, and company revenue information, which extends the scope of data collection beyond Brex-platform transactions to a broader view of a company's financial position.
Under this clause, connecting a bank account or accounting system to Brex authorizes Brex to receive bank account credentials, balances, and data on external business transactions and revenue from those third-party services. The policy states this access continues until the integration is disconnected.
Cross-platform context
See how other platforms handle Linked Third-Party Financial Account and External Transaction Data Collection and similar clauses.
Compare across platforms →"if you link business bank accounts during or after the application process, or link your bank account to receive or provide expense reimbursements, we will receive Bank Account Information about the linked account, like the bank routing and account numbers and account balance. In addition, some Third-Party Services (e.g. accounting systems and business bank accounts) will provide us with information about activities outside of the Services, like your business expenses and your company's external transactions, finances and revenue.Excerpt from Brex's Privacy Policy
(1) REGULATORY LANDSCAPE: Collection of bank account credentials, balances, and external transaction data engages GLBA nonpublic personal financial information protections and CFPB authority over financial data aggregation practices.
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This provision establishes that Brex's integrations may result in collection of detailed external financial data including account balances, external transactions, and company revenue information, which extends the scope of data collection beyond Brex-platform transactions to a broader view of a company's financial position.
Under this clause, connecting a bank account or accounting system to Brex authorizes Brex to receive bank account credentials, balances, and data on external business transactions and revenue from those third-party services. The policy states this access continues until the integration is disconnected.
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