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Bank Transfers

We also use Stripe to securely process bank transfers (ACH). If you are using your bank login to add a bank account, the most sensitive data is heavily encrypted and stored with Plaid, which integrates with Stripe specifically for this. Their data is encrypted with 2048-bit RSA and decryption is only possible using dedicated machines on their private network.

If you are using your account number and micro-deposits to add your bank account, then your bank account is verified with Stripe. As noted above, Stripe has been certified as a PCI Level 1 Service Provider.

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