Enhancing Financial Security with Money Movement Controls at Holdings

Keeping your business’s money safe isn’t just about strong passwords—it’s about having the right internal controls in place. Holdings’ Money Movement Controls give your team the oversight and protection you need, whether you’re preparing for an audit or just want peace of mind.

What Are Money Movement Controls?

Money Movement Controls are built-in internal controls that let you require dual approval for any outgoing transaction. This means one team member initiates the transfer, and a second authorized person must review and approve it before the money moves. It’s a simple way to prevent errors and fraud—without slowing your business down.

Want a full overview of how Holdings keeps your finances secure and simple?
Start with Introducing Holdings: The Complete Financial Operating System for SMBs1.

Key Benefits

• Segregation of duties: No single person controls the entire transaction process.

• Role-based access: Only authorized team members can initiate or approve money movement.

• Complete documentation: Every transaction is logged for easy audit trails.

• Real-time notifications: Get instant updates on pending approvals and completed transfers.

Curious about other ways Holdings protects your business?
Learn about How Holdings Offers $3M FDIC Insurance: 2025 Update1 and Enhancing Security with Multi-Factor Authentication at Holdings1.

How to Enable Money Movement Controls

1. Log in as a SuperAdmin

2. Go to the Team tab in your Holdings dashboard

3. Select “Add money movement controls”

4. Toggle “Money Movement Admin Approvals” to activate dual approval

Now, any transaction (ACH, wire, or internal transfer) will require a second Admin or SuperAdmin to review and approve before funds are released.

Need help setting up your team?
See Creating a New User in Holdings: Updated Process for 20251 and Understanding Roles and Permissions in Holdings1.

Best Practices for Internal Controls

• Limit cash access: Assign money movement rights only to trusted team members.

• Document everything: Keep detailed records of all transactions and approvals.

• Regularly review permissions: Update roles as your team grows or changes.

• Combine controls: Use Money Movement Controls alongside regular account reconciliations and Multi-Factor Authentication1 for maximum security.

When Should You Use Money Movement Controls?

• Preparing for a financial audit

• Managing a team with multiple people handling finances

• Wanting to prevent fraud or costly mistakes

• Implementing professional financial governance

Even if your business is small, these controls can help you scale safely and build trust with investors and partners.

More Resources for Secure, Modern Business Banking

• Business Banking Fees Explained: How Holdings Keeps It Simple1

• How to Create and Manage Multiple Holdings Accounts1

• Bank Transfers Explained: A Guide to Secure and Efficient Payments1

• Support Center Home1

Questions or want help setting up internal controls? Contact Holdings support for expert, friendly assistance.