Mercury
digital bank
Mercury is the leading banking platform for US LLC and C-Corp owners, including non-resident founders who have formed a US entity. It offers FDIC-insured USD checking and savings accounts with no monthly fees, virtual and physical debit cards, ACH/wire transfers, and a clean API. Particularly popular with international entrepreneurs and startup founders who have formed a Delaware or Wyoming LLC — Mercury is typically the first banking solution they reach for. Non-US residents can open accounts provided they have a valid US company with an EIN; no US address or SSN is required from the owner.
Details
- Headquarters
- United States
- Currencies
- 1
- Monthly Fee
- Free
- Non-Residents
- Accepted
- US Persons
- Accepted
- Debit Card
- Available
- Business Account
- Available
Opening Requirements
- •US LLC or C-Corp required
- •US EIN
- •Government ID
Restricted Nationalities
Not available to nationals of: cuba, iran, north-korea, syria, russia
Nationality Acceptance Matrix
Who this provider will and will not onboard. Refusals are listed first. Sourced from the provider's own published terms and recent public onboarding reports — confirm with the provider before applying.
| Nationality | Accepted | Notes |
|---|---|---|
| russia | NO | Russian nationals blocked — Mercury complies with OFAC regulations; Russian owners of US entities denied. |
| iran | NO | Blocked — OFAC Iran sanctions. |
| cuba | NO | Blocked — OFAC Cuba sanctions. |
| north korea | NO | Blocked — OFAC DPRK sanctions. |
| syria | NO | Blocked — OFAC Syria sanctions. |
| us | YES | US persons accepted; domestic US LLC/C-Corp required; FDIC-insured via Choice Financial Group and Evolve Bank. |
| uk | YES | UK nationals accepted if they have formed a valid US LLC or C-Corp with EIN. |
| eu | YES | EU nationals accepted; non-resident founders commonly open accounts after forming a US entity via Stripe Atlas, Doola, or similar. |
| china | YES | Chinese nationals accepted if they hold a valid US company; common for US-incorporated tech startups with Chinese founders. |
| myanmar | YES | Accepted if US entity is valid; no blanket Myanmar restriction; individual OFAC screening applies. |
Similar Banking Options
Options matched on type and jurisdiction — not a recommendation.
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