5 Ways to Open a US Business Bank Account Remotely: Mercury, Relay, Brex Compared

For international founders and e-commerce sellers, a US business bank account is no longer optional—it’s essential. It enables seamless USD transactions, integrates with Stripe and PayPal, and builds credibility with US suppliers and customers. Yet, opening one remotely remains a major hurdle. Traditional banks like Chase or Bank of America typically require a physical visit. Fortunately, a new wave of fintech solutions has made remote account opening a reality. In this article, we compare five practical ways to open a US business bank account from anywhere in the world, with a special focus on Mercury, Relay, and Brex. ## Why a US Business Bank Account Matters A US-based account simplifies receiving payments from US marketplaces (Amazon, Shopify), reduces currency conversion fees, and is often mandatory for Stripe integration. It also helps establish US credit history for your business. ## The 5 Remote Account Opening Methods ### 1. Mercury: Ideal for Tech Startups & Non-Residents Mercury is a digital-first bank designed for startups, including those with non-US founders. It now accepts applications from founders with an EIN and US company registration (e.g., Delaware C-Corp or LLC), even without a US physical address or SSN. Key features include free domestic and international wires, virtual and physical debit cards, and seamless API access. Mercury does not charge monthly fees or minimum balances. The application is entirely online; you’ll need your business formation documents, EIN letter, and a government ID. Approval can take a few days, and they may request a video verification. Mercury’s partner bank is Choice Financial Group, and deposits are FDIC insured up to $250,000. ### 2. Relay: Built for E-commerce & Freelancers Relay (formerly Relay Financial) is tailored for online sellers, freelancers, and service businesses. It supports remote opening for non-US residents with an EIN and US company. Relay shines with its multi-account architecture—you can create up to 20 checking accounts under one login, ideal for budgeting or managing multiple revenue streams. It offers free ACH transfers, no monthly fees, and integrates with QuickBooks and Xero. International wires are not supported yet, but domestic wires are available. Relay’s banking services are provided by Thread Bank, Member FDIC. The application process is online, requiring the same basic documents as Mercury. Approval is usually fast, and they offer a modern mobile app. ### 3. Brex: Best for Venture-Backed or High-Growth Companies Brex started as a corporate card for startups but now offers a full cash management account. It is particularly suitable for funded startups or those with high transaction volume. Brex requires a US business entity and EIN, but unlike Mercury, it traditionally wanted companies with professional investors. However, they’ve relaxed requirements; now any US-incorporated business can apply. Brex offers high-yield cash accounts, virtual and physical cards with robust expense management, and rewards on spending. No monthly fees or minimums. The application process can be completed remotely, but you may need to provide proof of funding or revenue if not a venture-backed company. Brex’s banking is provided by Column N.A., member FDIC. ### 4. Novo: Simple Digital Banking for Small Businesses Novo is a no-frills digital bank popular among freelancers and small businesses. It accepts remote applications from non-US residents with a US LLC and EIN. It offers free ACH transfers, unlimited invoicing, and integrates with Stripe, Shopify, and other tools. Novo does not support international wires, and cash deposits are limited. There are no monthly fees. The application is fast and mobile-first. Novo’s bank partner is Middlesex Federal Savings, F.A. ### 5. Traditional Bank via Referral (e.g., Chase for Business) For those who prefer a brick-and-mortar institution, some traditional banks may open accounts remotely through a business banker referral or international banking division. For instance, Chase offers remote account opening for certain countries via their International Banking team. This often requires a substantial initial deposit (e.g., $25,000) and in-person identity verification at a local embassy or partner bank. Documents typically include an EIN, certified articles of incorporation, and proof of business activity. This route is slower and less accessible but may be necessary for those needing a well-known bank name. ## Step-by-Step Remote Application Guide (for Mercury, Relay, Brex) 1. **Form a US Company**: Register a C-Corp or LLC in a business-friendly state (Delaware, Wyoming). Use a registered agent service. 2. **Obtain an EIN**: Apply for an Employer Identification Number from the IRS. Non-residents can apply by fax or phone. 3. **Prepare Documents**: Have your passport, company formation papers, EIN letter, and possibly a US business address (virtual office). 4. **Apply Online**: Complete the application on the chosen platform’s website. Provide personal and business details. 5. **Verification**: You may need to upload a selfie video or attend a short video call. 6. **Funding**: Once approved, fund via wire transfer from your foreign bank or via a payment processor. ## Comparison Table | Feature | Mercury | Relay | Brex | |---------|---------|-------|------| | Monthly Fee | $0 | $0 | $0 | | Free Domestic Wires | Yes | Yes | Yes | | International Wires | Free | Not Supported | Available (fee may apply) | | Multi-Accounts | No | Up to 20 | No | | Best For | Startups, tech | E-commerce, freelancers | Funded companies, spend management | ## Which One Should You Choose? - For most non-resident startups, **Mercury** offers the best balance of features and ease. - If you run an e-commerce business and need budget separation, **Relay** is ideal. - If your company has raised venture capital or spends heavily on software and marketing, **Brex** provides superior expense controls and rewards. ## Final Tips - Always use a consistent US business address on your EIN and bank application. - Ensure your business website and LinkedIn profile look professional—some banks check them. - Consider opening multiple accounts as backups, as fintech banks can occasionally freeze accounts for compliance reviews. With the right preparation, remote US banking is now faster and more accessible than ever. Choose the platform that aligns with your business stage and needs, and you’ll be transacting in USD in no time.