Mercury Bank Setup
Watch the video below for a full walkthrough.
Prefer to go at your own pace? Scroll down to follow the step-by-step instructions.
Link mentioned in the video:
Step-by-Step Instructions to Open Your U.S. Bank Account
STEP 1: Go here and click on "Open Account."
STEP 2: Enter your first and last name, then click "Start Application."
STEP 3: Enter your email and create a password, then click "Next."
STEP 4: Enter the name of your LLC
STEP 5: Enter your company name as the call sign, then click "Next."
STEP 6: Select "None of the above."
STEP 7: Enter your company information.
STEP 8: Enter the registered agent address that WY Agents provided you for your business.
STEP 9: Enter your ownership details, verify your ID, and take a photo.
STEP 10: Upload your company documents: LLC and EIN.
STEP 11:
Fill in the expected activity:
• Will you send money internationally? – Yes
• Top 3 currencies: USD and CAD
• Monthly volume: $10,000 – $100,000
STEP 12:
Follow-up questions:
• Do you have employees? – No, but I plan to in 12 months.
• Which operations do you plan to have? – Employees.
• Could you share documentation? – Check off "I don't have this document."
• Reason: I don't have it at this time; new business.
• How do you receive payments? – I expect to receive payments from Airbnb and other STR platforms.
• Click "Review Application" and submit everything.
Congratulations! You officially opened a US Bank account!