About Bonsai's business banking

Save, manage and spend the funds you're earning in Bonsai with a simple and integrated business banking solution.

Updated over a week ago

Currently, Bonsai's Business Banking solution is only available for US accounts.

Bonsai's business banking explained

You'll find it under our Banking tab. It's a bank account feature that is dedicated to managing your business funds. Receive your invoice payments directly in your account and use the dedicated spending card for your expenses.

Here's what your banking dashboard looks like:

Your "Available Balance" is your main balance. This is where all incoming transfers will arrive, and outgoing transfers will leave from. Spending from your Bonsai business card is also deducted from this balance.

At this time, only the account Owner will have access to Bonsai business banking. Partner and other team roles do not have visibility to this view.

Using your virtual and physical cards

Similar to a traditional bank account, your bonsai business banking account comes with a debit card. You'll have access to your virtual card after signing up, and receive your physical card in the mail after filling in your delivery information.

Your virtual card can be added to your phone's wallet for easier access, and your physical card can be used to make withdrawal at ATMs.

About Envelopes

Envelopes are an easy way to budget your funds into different buckets (e.g. tax savings, equipment, or anything else). To move funds between your balance and envelopes (and vice versa) you can use the "Transfer Funds" button, and the "Within Bonsai" option.

Send any incoming funds to your account directly into specific envelopes to automate your budgeting. Just click on Edit Automations and New Automation:

Locating your account information

Clicking on "View Account Info" to display your account number and routing number. This is the information you will use to send ACH bank transfers to fund your Bonsai business banking balance from your online banking, or set it up as a payout method for other payment platforms.

Transferring money outside of Bonsai

Clicking "Transfer Funds" and "Outside Bonsai" will let you send outbound ACH bank transfers to an external bank account, such as when you want to pay yourself from your Bonsai business banking balance.


Can I use business banking to withdraw funds from an ATM?

  • Yes you can! There is a daily limit of $300 for ATM withdrawals.

How long do transfers take between Bonsai Payments and business banking?

Are Instant Payouts available to Bonsai's business banking?

  • Yes, you can turn on Instant Payouts (if eligible) to receive same day payouts to your Bonsai business banking account. Click here to learn more.

What are the fees involved with business banking?

Who is eligible for business banking?

  • Currently, only users in the United States are eligible to use business banking.

What is "Evolve Bank & Trust?"

  • When you activate business banking through Bonsai and store funds in your balance, those funds are held at Evolve Bank and Trust (Member FDIC)

How do I get my physical Bonsai card?

  • When we're ready to send you your physical card, we will prompt you in-app for the information we need to get you that card!

Is my "available balance" a summary of my envelopes?

  • No, each envelope is its "own" individual balance within your business banking balance.

© 2024 Bonsai Technologies Inc - Bonsai partners with Stripe Payments Company for money transmission services and account services with funds held at Evolve Bank & Trust, Member FDIC. Bonsai cards are issued by Celtic Bank. Bonsai is not a law firm, and does not provide legal services, advice, or representation.

Did this answer your question?