Can I open a Mercury account from outside the US?

Yes. Mercury is fully online with no branch visits required. You can open an account from any of 150+ countries. You need a US-registered business entity (LLC or corporation), your EIN, your ITIN, and a valid passport. Many international entrepreneurs form a Wyoming or Delaware LLC before opening Mercury.

What fees does Mercury charge ITIN holders?

Mercury charges $0 monthly fees, $0 minimum balance, $0 for domestic ACH transfers, $0 for domestic wire transfers, and $0 for physical and virtual debit cards. International outgoing wires cost $20 per transfer. There is no fee difference between ITIN and SSN holders.

How long does Mercury approval take with an ITIN?

Mercury reviews most applications within 1 to 3 business days. Some accounts are approved same-day. If Mercury requests additional documentation (Articles of Organization, EIN letter, or proof of business activity), the process takes up to 5 to 7 business days.

Is Mercury FDIC insured for ITIN holders?

Yes. Mercury partners with Evolve Bank and Trust and Choice Financial Group to provide FDIC insurance. Through its sweep network, Mercury offers up to $5 million in FDIC coverage by distributing funds across multiple partner banks.

Does Mercury offer debit cards for ITIN holders?

Yes. Mercury issues free Visa debit cards to all account holders including ITIN holders. Physical cards ship within 5 to 10 business days. You can create unlimited virtual debit cards instantly through the Mercury dashboard.

What business types does Mercury accept with an ITIN?

Mercury accepts LLCs, C-corporations, S-corporations, and partnerships registered in any US state. Single-member LLCs are the most common structure for ITIN holders. Mercury does not accept sole proprietorships without an LLC.

Updated June 25, 2026

Mercury Bank with ITIN: Non-Resident Business Account (2026)

What Is Mercury Bank and Why Do ITIN Holders Choose It?

Mercury is an online banking platform built for startups, freelancers, and small businesses. It partners with Evolve Bank & Trust and Choice Financial Group to provide FDIC-insured accounts. Mercury has no physical branches; instead it offers a digital dashboard with banking tools designed for modern businesses. Over 100,000 business accounts have been opened on Mercury, and ITIN holders receive identical features, fees, and access compared to SSN holders.

$0 monthly fees and $0 minimum balance
Up to $5 million FDIC insurance via sweep network
1 to 3 business day approval for most applications
Free domestic ACH and wire transfers
$20 per outgoing international wire
Unlimited virtual debit cards at $0 cost
Integrations with QuickBooks, Xero, Gusto, and Stripe

Does Mercury Bank Accept ITIN Holders for Business Banking?

Yes. Mercury Bank explicitly accepts ITINs as valid tax identification for business account owners. During the application, Mercury asks for your personal tax ID number; enter your 9-digit ITIN in this field. Mercury also requires your business EIN, which is a separate number from your ITIN.

Mercury is business-only banking, so you need a US-registered LLC, C-corporation, S-corporation, or partnership. Popular states for non-resident LLCs include Wyoming ($100 filing fee), Delaware ($90 filing fee), and New Mexico ($50 filing fee). For broader options, see the ITIN banking hub.

What Documents Do You Need to Open Mercury with an ITIN?

5 items are required to complete the Mercury Bank application with an ITIN. Have all documents ready before starting.

Valid ITIN— your 9-digit IRS-issued Individual Taxpayer Identification Number, issued under IRC Section 6109.
EIN— your business federal tax ID, free from the IRS via Form SS-4.
US-registered business entity— Articles of Organization (LLC) or Certificate of Incorporation.
Valid passport— current, unexpired passport from your home country.
Business details— company name, address, website, industry category, and brief activity description.

How Do You Open a Mercury Account with an ITIN?

Visit mercury.com and click Open Account. Enter your email and create a password.
Enter your business information. Provide your LLC name, state of registration, EIN, business address, and industry category.
Enter your personal information. Provide your full legal name (matching your passport), date of birth, and ITIN as your tax identification number.
Upload supporting documents. Articles of Organization, EIN confirmation letter (CP575), and operating agreement for multi-member LLCs.
Submit and wait for review. Mercury reviews within 1 to 3 business days and emails you when approved.
Fund your account and order debit cards. Deposit via ACH or wire; order physical cards and create virtual cards.

What Does Mercury Cost for ITIN Holders?

Mercury charges identical fees to ITIN and SSN holders. Here is the complete fee schedule for 2026.

Service	Fee
Monthly maintenance	$0
Minimum balance	$0
Domestic ACH transfers	$0
Domestic wire transfers	$0
Incoming international wires	$0
Outgoing international wires	$20 per transfer
Physical debit card	$0
Virtual debit cards	$0 (unlimited)
FDIC insurance	Up to $5M (sweep network)

How Does Mercury Bank Compare to Other ITIN Business Banks?

Mercury, Relay, and Wise all accept ITINs and charge $0 monthly fees. The best choice depends on your specific business needs.

Feature	Mercury	Relay	Wise
Monthly fee	$0	$0	$0
FDIC coverage	Up to $5M	$250K	Not FDIC insured
Checking accounts	1	Up to 20	Multi-currency
Domestic wires	$0	$5 outgoing	N/A
International transfers	$20/wire	Limited	0.3% to 1.5%
Best for	Startups, tech	Freelancers, profit-first	International transfers

See the full ITIN banking hub for all options, or read the Relay Bank ITIN guide.

Who Should Use Mercury Bank with an ITIN?

Mercury is the best fit for ITIN holders running tech startups, e-commerce businesses, consulting firms, or real estate investment LLCs. Mercury provides the US bank account and routing number required by Amazon, Shopify, Etsy, Stripe, and PayPal. For international transfers, pair Mercury with a Wise account for multi-currency conversions. Once your business banking is in place, build a US credit profile by applying for an ITIN credit card and graduating to better financial products.

Frequently Asked Questions About Mercury Bank with ITIN

Yes. Mercury accepts ITIN holders for business banking accounts. You need a valid ITIN, a US-registered LLC or corporation, and your EIN. Mercury allows 100% online applications from any country. Over 100,000 startups use Mercury for business banking, and ITIN holders receive the same features and fee structure as SSN holders.

Need an ITIN to open your Mercury business account? Apply with a Certifying Acceptance Agent — $297 flat, ready in 7 days.