Non-US resident Business Bank account for LLC

[dannynkem]

I am searching for alternatives for a non-us resident business bank account.
My main aim is to use it to operate my PayPal account.
I registered a Wyoming LLC with EIN and all the necessary documents are with me. My only hope was Mercury (online bank) but they declined me, so I have to search for other options. I am also open to working with registered agents (the one that registered the LLC for me only works with Mercury.
Any help appreciated

 

[exprtadvisrdev]

If Mercury declined, try with Transferwise or Evolve bank and trust

 

[dannynkem]

eadeveloper said:
If Mercury declined, try with Transferwise or Evolve bank and trust
Click to expand...

Am I able to link these bank accounts to Paypal? As I stated, that's my primary interest

 

[exprtadvisrdev]

dannynkem said:
Am I able to link these bank accounts to Paypal? As I stated, that's my primary interest
Click to expand...

The correct answer is: it depends. Some times Paypal allows you to do it (I have used TW for that) and sometimes not but it's better to try and confirm it yourself

 

[sinos]

dannynkem said:
Am I able to link these bank accounts to Paypal? As I stated, that's my primary interest
Click to expand...

To clarify, yours is a non-resident US LLC and the Paypal will also be US? Paypal normally asks for SSN incase of US based accounts, both personal as well as business. EIN doesn't work, but many people use it in place of SSN, don't know how it fares in the long run.

Why don't you try Stripe? They work with TW and Payoneer.

 

[galadrel]

sinos said:
To clarify, yours is a non-resident US LLC and the Paypal will also be US? Paypal normally asks for SSN incase of US based accounts, both personal as well as business. EIN doesn't work, but many people use it in place of SSN, don't know how it fares in the long run.

Why don't you try Stripe? They work with TW and Payoneer.
Click to expand...

I would avoid PayPal in any type of business, legit or shady, extremely bad customer service. Stripe rocks.

 

[mintotaint]

dannynkem said:
I am searching for alternatives for a non-us resident business bank account.
My main aim is to use it to operate my PayPal account.
I registered a Wyoming LLC with EIN and all the necessary documents are with me. My only hope was Mercury (online bank) but they declined me, so I have to search for other options. I am also open to working with registered agents (the one that registered the LLC for me only works with Mercury.
Any help appreciated
Click to expand...

Did they mention any reason for the decline?

 

[MountainMan3436]

You can also try Revolut USA. I tested and it works with Paypal.

 

[MountainMan3436]

Mercury routinely deny any application where you do not demonstrate a connection to US such as suppliers or customers there.

 

[eomeakyl]

I've used TransferWise with PayPal for my US LLCs. Haven't had issues. Mercury declined my applications. I've opened US bank accounts for US LLCs remotely in the past with a couple banks, but they no longer allow opening accounts remotely. If you are able to go to the USA then there are options available so long as you have a lease in the USA (there are services available that sell you leases for companies). Once the bank account is open you can end the lease but they may shut it down later if they find out. I had this happen with one of my accounts. One of my bank accounts was closed after they did a routine look at my company registration and saw that the office was not based in the USA.

Honestly though just go with TransferWise. It'll probably meet your needs.

 

[hamazz]

For a US LLC, would you recommend Transferwise UK for the account?

 

[Uillians]

eomeakyl said:
I've used TransferWise with PayPal for my US LLCs. Haven't had issues. Mercury declined my applications. I've opened US bank accounts for US LLCs remotely in the past with a couple banks, but they no longer allow opening accounts remotely. If you are able to go to the USA then there are options available so long as you have a lease in the USA (there are services available that sell you leases for companies). Once the bank account is open you can end the lease but they may shut it down later if they find out. I had this happen with one of my accounts. One of my bank accounts was closed after they did a routine look at my company registration and saw that the office was not based in the USA.

Honestly though just go with TransferWise. It'll probably meet your needs.
Click to expand...

Hello I opened a Wyoming LLC, and I would like to know if TransferWise will provide me with a bank account in the name of my company, so that I can use it with stripe, paypal, amazon, thank you in advance for your help

 

[Novice]

MountainMan3436 said:
You can also try Revolut USA. I tested and it works with Paypal.
Click to expand...

Revolut is only for personal account in the US. It's not available for US businesses as far as I know. It also needs verification documents and it won't work for non-US resident.

I hope I'm mistaken. I really hope to have a revolut account for my US Company.