To open a business checking account for an E-2 visa business using Mercury, follow these steps:
To open a business checking account for an E-2 visa business using Mercury, follow these steps:
Eligibility Check:
- Mercury is best suited for startups, tech companies, and online businesses.
- Ensure your E-2 business meets Mercury’s requirements (a U.S.-registered LLC or C-Corp is necessary).
Visit the Referral Link:
- Go to https://mercury.com/r/lugo-aguzzi-enterprises-llc to get started.
Create an Account:
- Sign up by providing your name, email, and password.
- Select “Sign Up” to begin the onboarding process.
Submit Required Documents: Mercury requires specific documentation to verify your business. Prepare to upload:
- A copy of your LLC or C-Corp registration document (e.g., Certificate of Formation).
- EIN Confirmation Letter (CP 575 from the IRS).
- A U.S. business address (can be virtual or physical).
- Owner(s) identification (passport or government-issued ID).
- Details about your business operations and purpose.
Business Details:
- Enter information about your E-2 business, such as industry type, expected revenue, and transaction volumes.
Application Review:
- Mercury’s team will review your application. Approval usually takes 1–5 business days.
Account Activation:
- Once approved, you’ll have access to your Mercury dashboard.
- Set up virtual debit cards, ACH payments, and wire transfer options.
Funding Your Account:
- Transfer initial funds from your personal account or business investments to activate the account and start business operations.
Benefits of Using Mercury for E-2 Businesses:
- No monthly fees or minimum balance requirements.
- Easy international transactions (important for visa-related global transfers).
- Integrated tools for financial management (e.g., analytics and expense tracking).
