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How Non-Residents Can Open a U.S. Business Bank Account for Their LLC with Mercury and Relay

Opening a U.S. bank account for your LLC as a non-resident can present certain challenges. However, financial technology companies like Mercury and Relay simplify this process by offering convenient and accessible solutions. In this article, we will provide a detailed guide on how to open a business bank account for your LLC using these companies.

Benefits of Using Financial Technology Companies

Financial technology companies such as Mercury and Relay offer several advantages for non-U.S. residents:

  • Completely online account opening process: No need to be physically present in the U.S.
  • User-friendly interface and account management: Modern platforms allow easy management of financial operations.
  • Support for startups and small businesses: These companies offer services specifically designed to meet the needs of small and medium-sized businesses.

How to Open a Business Bank Account with Mercury

Mercury is one of the leading financial technology companies providing banking services for startups and small businesses. Here are the steps you need to follow to open an account with Mercury:

  1. Prepare the Necessary Documents

To open an account, you will need the following documents:

  • Articles of Organization for your LLC.
  • Employer Identification Number (EIN).
  • Passport or other identification document of the company owner.
  • U.S. company address (you can use the address of a registered agent).
  1. Register on the Mercury Website

Go to the Mercury website and register by filling out the online form. During registration, you will need to provide information about your company and upload the required documents.

  1. Verification and Confirmation

After submitting your application, the company will verify the provided information. This process may take a few days. If the verification is successful, you will be granted access to your new bank account.

  1. Account Management

Once your account is open, you can manage it through Mercury's convenient online interface. The platform offers options for making payments, managing transactions, and obtaining financial reports.

How to Open a Business Bank Account with Relay

Relay is another popular financial technology company offering convenient banking services for businesses. Here is how you can open an account with Relay:

  1. Prepare the Documents

To open an account with Relay, you will need the following documents:

  • Articles of Organization for your LLC.
  • Employer Identification Number (EIN).
  • Passport or other identification document of the company owner.
  • U.S. company address (registered agent's address).
  1. Register on the Relay Website

Go to the Relay website and start the registration process. You will need to fill out an online form with information about your company and upload the required documents.

  1. Data Verification

Relay will verify the provided information. This process may take a few days. After successful verification, you will be granted access to your bank account.

  1. Using the Account

Relay offers convenient tools for managing your account. You can make payments, manage finances, and obtain detailed transaction reports through the online platform.

Conclusion

Opening a U.S. bank account for your LLC as a non-resident becomes significantly easier with the use of financial technology companies like Mercury and Relay. These companies offer convenient and efficient solutions that allow you to manage your finances entirely online. By following the steps described above, you can open an account for your business without the need to be physically present in the U.S.

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