Mercury bank
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You will need to open an LLC bank account in the same state where you formed your LLC. bank account for your LLC by traveling to the U.S. Traveling to the US and opening an LLC bank account in person You’ll receive an email notification from them after they review your application. Mercury will review and approve your application in 1-2 weeks.
#Mercury bank how to
Here are the instructions: How to get an EIN Verification Letter (147C) for LLC. EIN Verification Letter (147C)Īn EIN Verification Letter (147C) is another official letter from the IRS that can be used as proof. If you listed your Registered Agent’s address, your Registered Agent will notify you after they receive it. The CP 575 Letter will be mailed to the address you listed on 4a and 4b of Form SS-4. Regardless of the method you choose to obtain your EIN Number, the IRS will always mail you an EIN Confirmation Letter (CP 575).
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If you applied for your EIN by fax, the IRS will fax you back your SS-4 and write your EIN Number on it. Mercury accepts the following for proof of EIN Number: a. You will need to show proof of your LLC EIN Number (also called a Federal Tax ID Number). If you need an EIN for your LLC, please see how to get an EIN without an SSN. You need to provide Mercury with your LLC’s address. They will also ask for your phone number and other contact information. Mercury only accepts a passport for non-US residents. If you need help forming an LLC, make sure to follow our LLC filing instructions.
#Mercury bank registration
You can upload these documents during the online registration process. You will need to send Mercury a stamped and approved copy of your LLC approval documents. LLC approval documentsĭepending on the state where you form your LLC, this will be either: The more details you provide Mercury, the better. In the description, include any links to yourself or your work, for example, a LinkedIn profile. Include a detailed description of your business. Make sure all edges and corners of documents are visible. Make sure your documents are legible (can be read).
#Mercury bank pdf
Make sure your documents are in PDF format. Make sure your passport photo is in JPG or PNG format. Tips: To increase your chances of being approved, please do the following: Make sure your passport photo isn’t cropped too much (make sure all 4 corners are in the photo and show the entire passport). To open an account with Mercury, you will need: sending international wire = $20 now free.sending domestic wire (in US) = $5 now free.
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Sending and receiving money with Mercury: Note: You cannot deposit cash into a Mercury bank account. And they let you use the address of your Registered Agent for your LLC’s office address. You can open a bank account with them without traveling to the US. However, Mercury is more flexible and works with online entrepreneurs. And most don’t allow you to use your Registered Agent address. They want to see that you have an office in the US. You usually had to travel to the US (to the state where you formed an LLC) and open a bank account in person.Īdditionally, many banks require proof of address, like a lease, utility bill, or phone bill. Non-US residents can apply for an LLC bank account online with Mercury.īefore Mercury, opening an LLC bank account was difficult.
#Mercury bank update
2022 update for non-US residents: Mercury resident alien to apply for a business bank account in the U.S. You don’t have to be an American citizen or a U.S. LLC bank account.įoreigners (non-US residents) can open a U.S. Make sure your LLC is approved and has an EIN Number (see how to get an EIN without SSN) before applying for a U.S. How non-US residents can apply for a bank account for an LLC Banking services are provided by Choice Financial Group and Evolve Bank & Trust®, Members FDIC. Mercury is a financial technology company, not a bank.
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2022 update: Non-US residents can apply for an LLC bank account online.