Manage Finances
Opening a business bank account, including from abroad, and choosing between traditional banks, fintech accounts and corporate cards.
Guide · Business banking
Mercury accepts US companies with founders living abroad, but may ask for proof of US business activity and can close accounts that have none. Relay asks every owner for a physical US address. Airwallex's US service needs a US principal place of business. Wise Business works alongside any of them for currency. Here's how to choose.
· 7 min read
Comparison · Business banking
For a foreign-owned company with no funding, Mercury's IO card is the realistic first credit card: no personal guarantee, no separate application, and a cash-based limit that starts small. Ramp needs $25,000 and mostly US operations. Brex needs a verifiable physical US address. Traditional cards want an SSN or ITIN and US credit history.
· 7 min read
Guide · Business banking
Opening a business bank account takes your formation documents, your EIN, ID for each owner and about 15 minutes online. Here's exactly what to have ready, the fees that matter, and how to choose between an online bank and a branch.
· 7 min read
Comparison · Business banking
Mercury suits startups and founders abroad, but takes no cash. Relay gives you 20 free checking accounts and free cash deposits at Allpoint+ ATMs. Bluevine pays interest on its free plan if you meet a spending or deposit target. Here's the full comparison.
· 7 min read
Comparison · Cross-border payments
Wise charges a one-time $31 and conversion fees from 0.23%. Airwallex is free to open with a 0.5% markup on major currencies. Payoneer suits marketplace sellers and freelancers, but charges 1% to receive many payments and an annual fee on low volumes. Here's how to choose.
· 7 min read
Comparison · Business banking
Ramp is the easier corporate card to qualify for, with a $25,000 minimum balance and a strong free plan. Brex suits funded startups with $50,000 or more and wants to grow with them. Neither suits a sole proprietor or a brand-new company with little cash.
· 7 min read