Mercurybank, known as the digital bank (financial institution) most preferred by entrepreneur-friendly and non-US citizen LLC company owners, how long does it take for their accounts to be approved?
The answer to this question is wondered by many people who are planning to form a new LLC company in Usa.
We also offer Mercurybank account opening support as part of the package for many of our customers to whom we provide company setup services.
How Many Days Does Mercurybank Account Approval Take?
Many Mercurybank accounts, especially those opened recently, are approved on the same day or the next day.
As is known, Mercurybank has started working with Choice Financial Group instead of Evolve Bank & Trust as its bank infrastructure as of 2025.
During the period when there were some problems with Evolve Bank & Trust, Mercurybank put many applications on the waiting list and significantly extended the account opening times.
Mercurybank has now started using Choice Financial Group infrastructure. After forming a business partnership with Choice Financial Group, Mercurybank account openings began to accelerate significantly.
Mercurybank account openings, which were put on hold until 2 or 3 months ago, are now approved on the same day or the next day at the latest.
Are Debit (ATM) Card Delivery Continues?
Yes, Debit Card delivery is still ongoing.
As a result of the account opened, you receive a free physical ATM card along with the virtual cards assigned to the company owner.
The ATM card is no longer sent to Turkey, but you can first request the card to your company address in the USA and then get it to your country of residence for a fee.
What is Required to Open a Mercurybank Account?
Opening a Bank Account in America, we discussed step by step how to open a Mercurybank account, but let's briefly go over the general requirements you need to open a Mercurybank account;
- An LLC company in Usa
- An EIN Number for the LLC company after the company is formed
- A valid passport belonging to the company owner
- An e-commerce site in English or a marketplace link registered to the company owner who is actively working on platforms such as Amazon and Etsy
Anyone who has the 4 items above can open a Mercurybank account. When you fill out the online application form that you fill out when opening an account, they ask you to write some details about the work you do.
When writing these details, you need to indicate that your customers are in the USA and that your income originates from the USA. Because Mercurybank is a digital bank that only allows US income business structures. If you indicate that you do not have income within the USA, you may experience approval problems during the account opening process.
When opening a Mercurybank account, you must have a bank account statement from your local bank (it is important to have a balance in it) and a service invoice registered in your name (electricity, water, telephone, internet, etc.). You can verify your address and account using these documents.
10 Comments . New Comment
Hello Mr. Nazmi, it has been 6 months since I opened the company, but I still have not applied to Mercury, my personal bank account had a little problem during this period, etc. Will it have a negative impact on the process as we have to provide a bank statement?
Unfortunately, no institution allows someone who does not have a personal bank account in their country to open a remote bank account. You need to open your bank account and handle that part.
No, you misunderstood. Since I developed SaaS products as a software developer, I did not start with much capital.
What I mean is that since Mercury wants the statement to be shown, in the videos that most people take, it says that it is necessary to show the TRY equivalent of 1000 dollars for approval, etc. I did not apply for this and had some financial problems in this process. Otherwise, of course, I already have a bank account.
My entire system is ready at the moment, only mercury is missing, that's why I wanted to ask you if the balance in this statement will have an effect on the approval. Thank you
Yes, of course, the extra balance has a problem with approval because you show that balance as starting capital. Of course, you can use the balance after confirmation.
Hello sir, thanks to you, I opened my company and received my EIN number without any problems. I was able to achieve this easily with your sharing. Thank you very much for this, you have really created an excellent resource with your devoted effort. I can't thank you enough.
Now I need to open an account at Mercurybank. I don't have a store on Amazon or Etsy yet. When applying to Mercurybank, I will provide a website in English, but the issue that comes to my mind is this; Does this website have to be a site where sales are already made or; Would it be a problem if our company had a simple corporate website showing our products?
Because I do not want to open a store on Etsy without having PayPal, and therefore, as far as I know, I cannot launch a site like Shopify that already sells without a bank account. Do you have any advice?
Hello, we are glad we were helpful, congratulations and good luck.
Mercurybank is a digital finance company that definitely approves serious projects. Applying by creating a website with a few pages to make it look corporate will definitely cause you to be rejected.
Your site should definitely be an e-commerce site, it should contain at least around 50 products, and copyrighted products and services should not be included. Applications were made many times through such websites and all were rejected.
Additionally, you should definitely emphasize in the "Introduce yourself" section during the application phase that you provide services in the USA. Do not state that you sell to Europe or other regions, the same is true on your website.
There is no difficult problem after receiving approval, they just pay extra attention to the approval side in the first stage.
Your personal Linktedin account should have full about us, contact, refund and about us pages, and the content should be original and understandable.
In summary, the website and job description affect 95% of the approval, so be prepared and apply because they do not give you a second chance.
Hello, I formed an LLC company to sell on Shopify. I think there will be 1 product in my shopify store. Will this cause a problem when applying to Mercury Bank? Or can you recommend another bank for such a situation?
Hello,
They generally do not approve single product projects. Fill your wrb site with products in a certain category, at least until you get approval. Once you get approval, you can turn it into a single product.
Alternatively you can try wise businesses, Airwallex or payoneer businesses
Thank you very much for the information, I am sure it will enlighten many people. I have been coming across such questions a lot in groups, Mercury Bank has marked Turkish citizens and it seems that Turkish citizens will no longer be able to open Mercury. This is a reference article that I will definitely refer to when I come across such questions!
Previously (about 1 month ago), yes, Mercurybank was not accepting members from Turkey and many other countries and the accounts were on the waiting list.
This is no longer the case, we opened many accounts a few days ago and the accounts were approved quickly.
Of course, you can share this information, it will be useful to many people.