Good News: Non-US Residents can open their bank accounts with Mercury.com
Open a US Bank Account with Mercury for Non-US residents
We know how to open A US Bank account for Non-US residents is so a popular. There are a lot of dummy information related US bank account process. Indeed, A good and innovative bank has an approach to apply a US bank account online. In addition, you do not need to be American Citizen or a Green Card holder. Even you do not need to be a resident of the United States. So a foreigner can open a US bank account. First important thing is you should have a LLC and an EIN belong to your business.
What Mercury Provides?
- No Minimum Balances
- Free Accounts
- Free Domestic Wires
- Send and receive checks digitally
- Interest Benefit on your money
Fees applied on Mercury
- ACH Transfer is free
- Domestic Wire out transfer (in US) is $5 USD
- Domestic Wire in transfer (in US) is free
- International Wire out is $20 USD
- International Wire in is free
Requirements to open a Mercury Account?
- LLC Company Documents
- Identification Document
- EIN Approval
- US Address
- Details of your Company
1. LLC Company Documents
You should have a company formed in the US. You will be receiving one of the following document. type of document varies state to state depending on your company type;
- Certificate of Formation
- Articles of Organization
- Certificate of Incorporation
- Certificate of Organization
You will find one this option on your mercury application. Your company document should be stamped by the state where you formed your company.
If you do not have a company yet, we can help you to open one. Start you Business with us
Non-US residents can use their Passport. You will need to provide a US Number and your Home Address. This address can be your address which is outside the United States.
3. EIN Approval
Mercury accepts one of following document for your EIN Approval;
- Form SS-4 which has your EIN approved/provided by IRS
- EIN Confirmation Letter (CP 575)
- EIN Verification Letter (C147)
If you do not have an EIN, You can apply with us. Start your EIN application
4. US Address
Mercury mail your debit card to your US address.
Your US address can be your office address or your registered agent office. It is better you have an address service if you have not a mail receiving US address.
If you do not hava US address, you can have a US address Service with us.
5. Details of your company
You need to describe your company very well. We recommend you to have a satisfactory website which represents your business. Do not forget to add your US address to your website. You should well describe your services or products in both mercury application field and on your website. Please be patient because A bank provides an online application and need to know about you as much as possible. So please share any information regarding your business with Mercury.
Submit your Mercury Application
Once you start the application, Mercury will send you the e-mail verification link. You should verify your e-mail. After you submitted your application, you will reach the following pages succesively;
- Two-factor security authentication page which Mercury asks you to download an app to use for 2-factor login.
- Team members page: You can add additional members to your account.
- Debit Card Shipping Address: You can use your default business address or you can change it to different US address.
Estimated Time of your Mercury Account Approval
You should keep an eye on your e-mail address. Mercury may ask additional information regarding your application and your business. Good Communication may shorten your account approval. So, Approval may take 1-2 weeks.
If you have a US Company and EIN
If you do not have a US Company and EIN