What is a DACA, and does Meow support them?

Last updated: April 10, 2026

A DACA (Deposit Account Control Agreement) is a legal agreement between a depositor (you), a lender, and a deposit-holding bank that gives the lender a security interest in your bank account. DACAs are commonly required when a business is taking on a line of credit, term loan, or other secured financing — the lender uses the DACA to perfect its security interest in your deposits as collateral.

Does Meow support DACAs?

Yes. Meow can support DACA requests on a case-by-case basis. If your lender requires a DACA over your Meow account, contact support at support@meow.com to start the process. Include:

  • The name of the lender requesting the DACA

  • The lender's contact information

  • Any DACA template or documentation they've provided

How does the DACA process work?

  1. You contact Meow support with your lender's details and DACA documentation.

  2. Meow reviews the agreement with our banking partners.

  3. If approved, all three parties (you, Meow's banking partner, and your lender) execute the agreement.

The timeline varies depending on the complexity of the agreement and the responsiveness of all parties involved.

Are there fees for a DACA?

DACA setup involves administrative costs on Meow's end. Contact support to discuss fees and eligibility based on your specific situation.

What if my lender has questions or wants to contact Meow directly?

Direct your lender to reach out via support@meow.com referencing your account name and the DACA request. We'll work with them directly to move the process forward.