Article Summary
This article explains how River uses Plaid to securely link your bank, what data is shared, and how your information is protected.
At River, we take your security seriously. We use Plaid, a trusted and encrypted service, to link your bank account without sharing login details directly with us. This keeps your credentials safe and makes the process faster and more secure than test deposits.
How does Plaid connect to my bank account?
Plaid makes it simple to link your bank account to River. Once you choose your bank, you'll be redirected to your bank's website. Your banking login credentials are never seen or stored by River. Instead, they are encrypted and used by Plaid only to instantly verify your bank account.
Does Plaid store my bank account credentials?
For most banks, Plaid never sees or stores your login details. You're sent to your bank's website or app to log in securely. If your bank doesn't support this method, Plaid may ask for your login inside its secure flow, but your information is always encrypted and never saved.
You can read more about how Plaid keeps your data safe on their safety page. Plaid will not share your data without permission, according to their privacy policy. Plaid will not sell your personal or financial information.
What data does River receive when I link my bank account through Plaid?
When you connect your bank through Plaid, River receives limited details like your account number. This helps confirm account ownership and prevent fraud. Plaid cannot access your River account or see information such as your bitcoin balance or trading activity.
Please note that you can always disconnect a linked bank account at any time. You can also fund your River account directly without connecting a bank account by wiring funds.