How does it work?
When you process payments through Plane, they flow through a number of financial institutions to reach your team members and vendors.
Our primary banking partner in the U.S. is Column N.A. Almost all ACH payments made to Plane will initially flow through Column. Funds are held at Column N.A. in a sub-account held in your name and for the benefit of Plane’s customers. They’re completely separate from Plane corporate funds and protected by FDIC pass-through insurance.
To move money around the world, we use a number of different banks and payment processors subject to local regulations and deposit insurance protections.
Questions?
We’re here to help! You can find more of our guides here, reach out to us at support@plane.com, or use Plane's in-app chat.