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Atlas Balance
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Help center Is Atlas Balance a Bank Account?

Is Atlas Balance a Bank Account?

No. While your account can hold money, send and receive payments, and use a business spending card, it’s technically a financial account, not a traditional bank account nor a money transmitter.

What Can I Do With It?

With your Atlas Balance account, you can:

  1. Hold a balance
  2. Send and receive ACH and wire transfers
  3. Issue virtual and physical business spending cards
  4. View detailed transaction history and monthly statements
  5. Easily manage clinic finances from one place

The main difference is that Atlas Balance is built for healthcare businesses like yours. It’s a financial account powered by Stripe that gives you the tools you need to manage money without switching between platforms.

Still stuck? We’re here to help.

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Atlas.md is not a bank. Atlas.md partners with Stripe Payments Company for money transmission services and account services with funds held at Fifth Third Bank N.A., Member FDIC. Atlas Balance Visa® Commercial cards are powered by Stripe and issued by Celtic Bank.

Stripe Treasury Accounts are eligible for FDIC pass-through deposit insurance if they meet certain requirements. The accounts are eligible only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. The FDIC insurance applies up to 250,000 USD per depositor, per financial institution, for deposits held in the same ownership capacity. Neither Stripe nor Atlas.md are an FDIC insured institution. The FDIC's deposit insurance coverage only protects against the failure of an FDIC insured depository institution. READ MORE