Overview

Mercury allows many non-U.S. residents to open a U.S. business banking account remotely. However, approvals have become significantly more selective due to stricter compliance (KYC/AML) requirements. Meeting the minimum requirements does not guarantee approval. Every application is reviewed individually.

Eligibility Requirements

To apply for a Mercury account, you must have:

• A U.S. registered business (LLC or Corporation)
• An IRS-issued EIN (Employer Identification Number)
• A valid passport or government-issued ID for each beneficial owner
• A legitimate business with clear products or services
• A business website or online presence (recommended)
• A business email using your own domain (recommended)
• A U.S. or international principal business address

Important: Mercury does not accept a Registered Agent address, P.O. Box, UPS mailbox, or virtual mailbox as your principal business address. The address should represent where your business actually operates. (Mercury Support)

Documents Required

Prepare the following before applying:

• Certificate of Formation / Articles of Organization
• EIN Confirmation Letter (CP575 or IRS 147C)
• Operating Agreement (recommended)
• Passport of each owner (25%+ ownership)
• Company website
• Business description
• Expected monthly transaction volume
• Customer and supplier information (if applicable)

Mercury may request additional documents depending on your business type or country of residence. (Mercury)

Before You Apply

To improve approval chances:

• Obtain your EIN before submitting the application.
• Launch a professional website explaining your business.
• Use a domain-based business email (e.g., info@yourcompany.com).
• Clearly describe your products or services.
• Be prepared to explain where your customers are located and how you generate revenue.
• Ensure your business activity matches your website and future banking transactions. (Edeal)

Application Process

1. Register your U.S. company.
2. Obtain your EIN.
3. Visit Mercury's application page.
4. Enter company information.
5. Add all beneficial owners.
6. Upload required documents.
7. Complete identity verification.
8. Wait for Mercury's compliance review.

Most applications are reviewed within a few business days, although additional compliance reviews may extend processing time. (Mercury)

Common Reasons for Rejection

Applications may be declined if:

• The business activity falls into a restricted or high-risk industry.
• The business lacks a genuine operational presence.
• The website is incomplete or unprofessional.
• Information provided is inconsistent.
• The principal business address is a Registered Agent, P.O. Box, or mail forwarding address.
• Mercury cannot verify the business or beneficial owners.
• The applicant resides in an unsupported jurisdiction.
• The expected transaction profile appears inconsistent with the business model. (Mercury Support)

Best Practices for Higher Approval

• Have an active company website before applying.
• Use a professional business email.
• Keep your LinkedIn or company profile up to date.
• Clearly explain your business model.
• Apply only after receiving your EIN.
• Maintain accurate and consistent company information across all documents.
• Be ready to provide invoices, contracts, or proof of business activity if requested. (Mercury)

Frequently Asked Questions

Can non-U.S. residents open a Mercury account?

Yes. Mercury accepts many non-U.S. founders with U.S.-registered businesses, subject to compliance review. (Mercury Support)

Do I need an SSN or ITIN?

No. An SSN or ITIN is generally not required if your company is eligible and you have a valid EIN. (Mercury Support)

Do I need to travel to the United States?

No. The application process is fully online. (Mercury)

Is approval guaranteed?

No. Mercury reviews every application individually, and approval is based on its internal compliance and risk policies. (Mercury Support)

Can I use my Registered Agent address?

No. Mercury does not accept a Registered Agent, P.O. Box, or UPS mailbox as the principal business address. (Mercury)

Important Notes

• Mercury's compliance requirements have become stricter in recent years.
• Existing customers may also receive requests for additional verification documents.
• Always provide truthful and accurate information during the application process.
• Approval decisions are made solely by Mercury and cannot be influenced by third-party service providers. (Mercury Support)

Updated on: 14/07/2026