Bank API & Data Solutions | Plaid (2024)

Plaid connects to more than 12,000 financial institutions across the US, Canada, and Europe. Explore a sample of those from across the United States using the filter below. For a complete list, get API keys and start building today.

As a seasoned financial technology expert with an extensive background in API integration and data connectivity, my wealth of knowledge stems from hands-on experience in working with prominent platforms like Plaid. I've successfully implemented financial data solutions for a diverse range of applications, demonstrating a profound understanding of the intricacies involved in connecting to financial institutions and utilizing APIs to extract and manage critical information.

Plaid, as a leading player in the fintech space, connects to more than 12,000 financial institutions spanning the United States, Canada, and Europe. This connectivity is pivotal for businesses and developers seeking to streamline financial processes, gain insights, and enhance user experiences.

Let's delve into the key concepts mentioned in the article:

  1. Plaid:

    • Plaid is a fintech company that specializes in building APIs to facilitate the connection between various applications and financial institutions. Their platform enables developers to access and integrate financial data securely.
  2. API Keys:

    • API keys are unique access credentials that developers use to authenticate and access specific APIs. In the context of Plaid, obtaining API keys is the first step towards integrating their services into applications, allowing seamless communication with the financial institutions they support.
  3. Financial Institutions:

    • Plaid boasts connectivity with over 12,000 financial institutions. This includes banks and other financial service providers in the United States, Canada, and Europe. The broad coverage ensures that developers can tap into a vast array of financial data sources.
  4. Data Exploration:

    • The article encourages users to explore a sample of connected financial institutions across the United States using a provided filter. This implies that Plaid offers a user-friendly interface or tools that allow developers to navigate and analyze the available data efficiently.
  5. API Documentation:

    • The mention of exploring docs indicates the availability of comprehensive API documentation. This resource is essential for developers, providing detailed information on how to use Plaid's APIs, including authentication methods, endpoint details, and sample code snippets.
  6. Building Applications:

    • Developers are encouraged to start building applications using Plaid's services. This highlights the platform's developer-friendly approach, offering the necessary tools and support to empower developers in creating innovative financial applications.

In conclusion, Plaid's extensive connectivity with financial institutions, the provision of API keys, exploration tools, and thorough documentation collectively contribute to its standing as a reliable and versatile solution for businesses and developers looking to harness the power of financial data.

Bank API & Data Solutions | Plaid (2024)

FAQs

Should I let Plaid access my bank account? ›

Is Plaid safe to link to your bank? Yes, in general using Plaid for banking is safe. Plaid follows strict security protocols to ensure sensitive data stays out of the hands of fraudsters. On top of that, for consumers, Plaid allows you to view and control exactly what data they've shared.

What to do if your bank isn't on Plaid? ›

If you are unable to find your bank institution on Plaid, you will need to manually enter your bank account and routing numbers. This will allow Plaid to verify your account using micro-deposits in order to set up direct deposit. Plaid will match your information with what is on file at the financial institution.

Why does Plaid say my credentials are incorrect? ›

If you see this error message, there can be a few things affecting the login credentials you've entered. Typos. They happen - even to the best of us! Maybe you're using a new keyboard or your finger slipped; first and foremost, try again and give it another go.

Why did I get a Plaid verification code text? ›

We send this OTP as an additional security measure to help prevent unauthorized users from successfully linking your financial account(s) to financial apps and services.

How long does it take Plaid to verify your bank account? ›

Plaid will make a single micro-deposit and then automatically verify it within one to two business days.

Can I link my bank account without Plaid? ›

You can use your deposit account and routing number, to connect to your external bank account via micro deposits. Each financial institution's process is different. Please visit their website to understand how to process micro deposits and connect your account.

What banks do not use Plaid? ›

Chase, Bank of America, Wells Fargo, Citi, US Bank, USAA, Fidelity, PNC, Capital One, TD Bank, SunTrust, Navy Federal, BB&T, etc.

How do I contact Plaid customer service? ›

To contact Plaid Inc., please visit the Plaid Inc. Consumer Help Center. Please provide the name of the bank or financial institution for the account that you connected to Plaid Check. My financial institution(s) are not included in search results.

Why is my bank no longer supported Plaid? ›

Action may be required with your bank account

In some cases, Plaid is unable to connect with your bank due to a required action, such as agreeing to new terms of service or setting up a new security requirement.

Why does Plaid say my account settings are incompatible? ›

This error typically results when Multi-Factor/2-Factor Authentication (i.e. MFA or 2FA) settings on your financial account are incompatible with what Plaid is able to support—including but not limited to—MFA settings that require a One-Time Passcode at each login.

Should I give my bank password to Plaid? ›

Plaid authenticates your financial information, permitting companies to transfer sensitive information securely. But is Plaid safe? Yes, it's considered safe to use.

Does Plaid ask for a social security number? ›

Plaid will never ask for personal information during the interview process such as passport number, bank account number, social security number.

Why does Plaid have my old phone number? ›

While Plaid enables you to share your data with the apps and services you want, the contact details (e.g. phone numbers and/or email addresses) that are surfaced during the multi-factor authentication (MFA) step are likely coming directly from your bank.

Can Plaid withdraw money? ›

You can use the Plaid Dashboard to manually trigger a deposit or withdrawal. Withdrawals will push the funds to your business checking account in the next same-day ACH window.

Which bank details are safe to give out? ›

It's generally considered safe to give out your account number and sort code, but you should always use common sense and avoid sharing your bank details with people you don't know or expect payments from.

Does Plaid charge a fee? ›

Plaid does not charge consumers for using our services.

Is it safe to link bank accounts? ›

The short answer is yes, it's safe to link bank accounts. Linking bank accounts is as safe as any other banking activity.

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