Payment service provider for US customers
Spendesk gives you access to payment services, including payment accounts, debit cards, and wire transfers. These services are provided through regulated payment services providers ("PSPs") that vary by your company's location.
For: Account Owners and Admins of Spendesk companies incorporated in the United States.
Before you start
This article applies only to companies located in the United States. For other regions, see the related articles below.
No setup or configuration is required. This information applies automatically to all US customers.
Who is Spendesk's partner PSP for US customers?
For companies located in the US, Spendesk provides payment services through Sutton Bank. Sutton Bank is licensed in the United States (Ohio) and is a member of the Federal Deposit Insurance Corporation (FDIC, the US government agency that protects bank deposits).
How are my funds protected?
Your funds are insured by the FDIC and covered up to $250,000, as stated on the FDIC website.
💡 You can verify Sutton Bank's FDIC status at any time by searching for "Sutton Bank" on the FDIC's official BankFind tool.
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