What documents does Mercury Bank require from ITIN holders?

Mercury requires: 1) the business's Articles of Organization or Incorporation, 2) the EIN confirmation letter (CP575 or 147C), 3) the operating agreement or bylaws, 4) a government-issued photo ID for each beneficial owner (passport works internationally), and 5) the founder's ITIN or SSN. Proof of U.S. business address is not always required because Mercury accepts a virtual office address.

Does Mercury Bank offer personal accounts to ITIN holders?

No. Mercury is a business-only bank. Mercury does not offer personal checking, savings, or consumer accounts. ITIN holders looking for personal banking should look at Chase, Bank of America, or Wells Fargo, all of which open personal accounts for ITIN holders with in-branch verification.

How long does Mercury Bank take to approve an ITIN application?

Mercury typically reviews and approves business applications within 1 to 3 business days for U.S. residents and 3 to 10 business days for non-resident founders. The wait depends on how complete the document package is. ITIN holders who upload clear copies of all five required documents on day one usually see a decision within 5 business days.

What U.S. business structures work with Mercury Bank for ITIN holders?

Both LLCs and C-Corps work. Most non-resident founders use a Delaware, Wyoming, or New Mexico LLC for ease of formation and low ongoing compliance. Mercury also accepts C-Corps formed in Delaware. Sole proprietorships and DBAs are not accepted — Mercury requires a separately formed legal entity with its own EIN.

Updated June 25, 2026

Mercury Bank with ITIN: Non-Resident Business Banking in 2026

Why Do Non-Resident Founders Choose Mercury Bank With an ITIN?

Mercury Bank built its onboarding flow specifically for startups and remote founders. The entire account opening is online — no branch visit, no U.S. residency requirement, and no minimum opening deposit. For an ITIN holder who has already formed a U.S. LLC or C-Corp, Mercury is the fastest path to a U.S. business bank account with USD wires, ACH, and a debit card. Most other U.S. banks require in-branch verification.

For the full landscape of ITIN-accepting banks, see the ITIN banking hub and the Mercury Bank ITIN page.

What Are the Eligibility Requirements for Mercury Bank With an ITIN?

U.S.-formed business entity. LLC or C-Corp. Delaware, Wyoming, and New Mexico are the most common states.
EIN. Issued by the IRS for the business entity, not the founder personally.
ITIN or SSN. Personal tax identifier for each beneficial owner (25%+ ownership).
Government-issued photo ID. Passport is accepted from any country.
U.S. business address. Virtual office, registered agent address, or mail-forwarding address is acceptable.

What Documents Does Mercury Bank Ask for From ITIN Holders?

Articles of Organization (LLC) or Articles of Incorporation (C-Corp).
EIN confirmation letter from the IRS (CP575 or replacement 147C).
Operating agreement (LLC) or corporate bylaws (C-Corp).
Passport for each beneficial owner (front photo page).
ITIN assignment letter (CP565) for non-SSN founders.
Brief business description and expected monthly transaction volume.

How Long Does Mercury Bank Approval Take With an ITIN?

The Mercury application takes 15 to 30 minutes to complete online. Review timelines:

U.S.-resident founder with SSN: 1 to 3 business days.
Non-resident founder with ITIN, complete documents: 3 to 7 business days.
Non-resident founder with ITIN, incomplete documents: 7 to 14 business days with follow-up requests.

What Does Mercury Bank Cost for ITIN Holders?

Mercury charges no monthly fees, no minimum balance, and no overdraft fees on its standard business checking account. Wire transfers and ACH are free in most currencies. Premium tier (Mercury Plus, Mercury Pro) charges a monthly fee and adds features like API access, expense management, and bill pay. ITIN status does not change pricing.

What If Mercury Bank Denies the ITIN Application?

Mercury occasionally denies applications from certain high-risk countries, certain industries (crypto, adult, cannabis), or applications with incomplete documentation. If denied, ITIN holders should look at Relay, Wise Business, or Brex (for VC-backed startups) as alternatives. The denial does not affect other U.S. bank applications.

Frequently Asked Questions About Mercury Bank With ITIN

Yes. Mercury Bank accepts ITINs as the personal tax identifier for non-resident founders applying for a U.S. business banking account. The application requires a U.S.-formed business entity (LLC or C-Corp), an EIN for that business, and the founder's ITIN or SSN. Mercury is one of the most non-resident-friendly banks in the U.S. for business accounts.

Need an ITIN before applying to Mercury? Apply with a Certifying Acceptance Agent — $297 flat, ready in 7 days.