# Manage money with Financial Accounts

Learn how to securely manage money with Financial Accounts.
Available in: US, GB
With Financial Accounts, you can securely store funds, open local accounts, [convert currencies](https://docs.stripe.com/instant-currency-conversion.md), send money, manage expenses, and borrow money directly in the Stripe Dashboard.

Your financial account is on the [Balances](https://dashboard.stripe.com/balances) page in the Dashboard. On your balances page you have a payments balance and a financial account, which serve different purposes.

> Financial Accounts is in a limited public preview and is only available for some Stripe users.

| Balance type      | Supported features                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| ----------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Payments balance  | - Pay out earnings to your external bank account
  - Track incoming transactions
  - Manage transaction reconciliation
  - Initiate refunds or handle disputes
  - Instantly convert multi-currency settled funds                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Financial account | - Add funds from an external bank account or transfer funds from your payments balance
  - [Send money](https://docs.stripe.com/global-payouts.md) to anyone (using the Dashboard or API)
  - Create a virtual or physical [card](https://docs.stripe.com/financial-accounts/cards.md) to spend funds
  - Instantly [convert currencies](https://docs.stripe.com/instant-currency-conversion.md)
  - Receive, store, and send [stablecoins](https://docs.stripe.com/financial-accounts/stablecoins.md) globally
  - Access [business financing](https://docs.stripe.com/capital/overview.md)
  - Integrate accounting software from the Stripe Dashboard with [Xero](https://marketplace.stripe.com/apps/xero) and [QuickBooks Sync by Acodei](https://marketplace.stripe.com/apps/quickbooks-sync-by-acodei) |

## Add money to a financial account 

You can store funds in a financial account in the Dashboard. You can fund your financial account balance with external funds or from your Stripe payments balance. In the US, funds in your financial account balance are eligible for FDIC insurance.

| Funding method                                                                                                     | Funds available   | Stripe fees                                                         | Where to initiate       |
| ------------------------------------------------------------------------------------------------------------------ | ----------------- | ------------------------------------------------------------------- | ----------------------- |
| Add money from your external bank account                                                                          | 0–3 business days | - Free through a local bank network, such as ACH
  - 2 USD per wire | From your bank          |
| (US) Pull funds from your external bank account                                                                    | 2–5 business days | Free                                                                | Stripe Dashboard        |
| Add money from your available Stripe payments balance                                                              | Immediately       | Free                                                                | Stripe Dashboard        |
| [Add stablecoins](https://docs.stripe.com/financial-accounts/stablecoins.md) through your preferred crypto network | Minutes           | Free                                                                | From your crypto wallet |

### Transaction cutoff times

The following table shows the funding cutoff time per funding method.

| Funding method | Cutoff time |
| -------------- | ----------- |
| Wires          | 5:00pm ET   |
| ACH            | 8:30pm ET   |
| Same-day ACH   | 1:00pm ET   |

The following table explains the expected funding arrival date based on the funding submission date. The expected arrival date differs depending on which funding method you use.

| Submission date (before cutoff time) | Expected arrival date (by end of business day) |           |
| ------------------------------------ | ---------------------------------------------- | --------- |
|                                      | ACH                                            | Wire      |
| Monday                               | Tuesday                                        | Monday    |
| Tuesday                              | Wednesday                                      | Tuesday   |
| Wednesday                            | Thursday                                       | Wednesday |
| Thursday                             | Friday                                         | Thursday  |
| Friday                               | Monday                                         | Friday    |
| Saturday                             | Tuesday                                        | Monday    |
| Sunday                               | Tuesday                                        | Monday    |

### Add money from external bank account 

You can send funds from an external bank account to fund your financial account. In the US, you can send funds with an ACH transfer or wire. With ACH, funds are available 0–3 business days after you initiate the transfer from your bank. With wire transfers, funds are available within the day. Additional charges apply if funding with a wire.

1. On the [Balances](https://dashboard.stripe.com/balances) page, click **Add funds**.
1. Select the financial account to add money to.
1. Select **Manually transfer from your bank** and click **Continue**.
1. Use the account details to send money through ACH, RTP, a wire, or other local payment methods from your bank.

### Pull funds from an external bank account  (US only)

You can pull funds from an external bank account to fund your financial account. You initiate this transfer each time you want to add funds (it isn’t an automated, regular transaction).

You must use a verified bank account to add funds. Funds are typically available within 2–5 business days and funding is subject to the following limits:

- 50,000 USD per day
- 100,000 USD per week

### Add or verify a bank account  (US only)

To add a verified bank account:

1. On the [Balances](https://dashboard.stripe.com/balances) page, click **Add funds**.
1. Select the financial account to add money to.
1. Select **Linked bank account** from payment method and click **Add new bank account**.

You have two options to add and verify your bank account:

- Instant with [Financial Connections](https://docs.stripe.com/financial-connections.md): Use your bank credentials with Financial Connections to verify and connect your bank account.
- Manually with micro-deposits: Manually enter your bank account and routing numbers. Stripe sends microdeposit amounts that appear on your online banking statement within 1–2 business days, with the `ACCTVERIFY` statement description. Use these amounts to verify your account in the Dashboard. This manual verification timing is separate to any settlement timing for your funding transaction.

### Pull funds into your financial account balance 

You can pull funds into your financial account directly from the Dashboard.

1. On the [Balances](https://dashboard.stripe.com/balances) page, click **Add funds**.
1. Select the financial account to add money to.
1. Enter the amount to add.
1. Select **Linked bank account**.
1. Choose the bank account you want to send money from.
1. Click **Continue** to review your selections, then click **Top up**.

### Transfer funds from Stripe payments balance (one time) 

You can use the available funds in your Stripe payments balance to fund your financial account. You can only transfer funds that have settled, so unsettled funds won’t be eligible for transfer.

Use the Stripe Dashboard to transfer money from your payments balance into your financial account.

1. On the [Balances](https://dashboard.stripe.com/balances) page, click **Transfer**.
1. Select the payments balance to transfer from.
1. Select the financial account to transfer to.
1. Enter the amount to move.
1. Click **Review** to review your selections, then click **Transfer**.

### Transfer funds from Stripe payments balance (recurring) 

You can set up a recurring transfer from your Stripe payments balance to your financial account. You can set a target amount to be transferred or you can transfer all of your earnings when they settle into your payments balance.

To configure a recurring transfer from your payments balance, you must be on an automatic payout schedule.

1. On the [Balances](https://dashboard.stripe.com/balances) page, click the **Payments balance** tile.
1. Click **Recurring transfers**.
1. Choose the currency that you want to set up.
1. Select whether you want to transfer a target amount or all of your payments balance.
1. Click **Save**.

## Transfer money 

You can transfer money to your external bank account. There’s no fee to transfer funds to your bank accounts that are linked to your Stripe account.

> You can’t make direct debit payments from your financial account.

1. On the [Balances](https://dashboard.stripe.com/balances) page, click **Transfer**.
1. Click **Pay out to external bank account**.
1. Choose the financial account to transfer from, and the bank account to transfer to.
1. Enter the amount to transfer.
1. Click **Review** to view the transfer details and cost breakdown, then click **Transfer**.

## View local account details 

You can share your local account details with others to receive one-off payments, such as investor funding, loans, or grants. To find your local account details:

1. On the [Balances](https://dashboard.stripe.com/balances) page, click your financial account.
1. Click the relevant dropdown menu in the **Account details** section.

In this view, you can see your routing number, account number, and name.

## Manage currencies

To add different currencies to your financial account:

1. Go to **Settings** > **Business** > [Bank accounts and currencies](https://dashboard.stripe.com/settings/payouts).
1. In the **Manage financial account currencies** section, select the currencies to add to your financial account.
1. Click **Save**.