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Funding Your PEX Business Account

 There are three ways to fund the main business balance for your PEX account.

  • The Administrator first funds the main business account, and then the Administrator funds the individual cards
  • This two-step process adds a layer of security to the main balance

The three ways to fund the main business balance for your PEX account are:

  1. Wire Transfer (fastest way)
    • Funds settle on the same day, or the next business day, as your request
    • Initiated at your bank
    • Bank fees may apply
  2. ACH Credit Transaction
    • Funds settle in ~2 business days
    • Initiated at your bank
    • Bank fees may apply
  3. ACH Debit Transaction
    1. Funds settle in ~4 business days
    2. Initiated at PEX
    3. No charge

PEX_Account_Funding_Table_-_Wire_ACH_-_2_Oct_18.png

 

You will find instructions for each funding method here:

 

 

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