Where to take my usa business banking needs?

[canadaboy]

I sell on Amazon via prep companies in USA mainly.
Have a wyoming llc. Am Canadian.

I got notice Mercury is closing my account. To my surprise Globalfy is no longer a bank. That is everything I had.

I am banned from Wise. Rejected from Airwallex, Relay, Brex. I just applied to Novel. Zenus personal app keeps giving me errors while applying.

I also have an ITIN. Seems like I should just get my a*s across the border and open some banks in person? Any better banks to choose?

Last edited: May 1, 2024

 

[daniels27]

BMO Harris and TD would come to my mind. Otherwise any high street bank whole your are there.

 

[xeathk]

I think the best solution for you is to cross the border to the US and open a street bank account. 😉

 

[Alexmorgan]

canadaboy said:
I sell on Amazon via prep companies in USA mainly.
Have a wyoming llc. Am Canadian.

I got notice Mercury is closing my account. To my surprise Globalfy is no longer a bank. That is everything I had.

I am banned from Wise. Rejected from Airwallex, Relay, Brex. I just applied to Novel. Zenus personal app keeps giving me errors while applying.

I also have an ITIN. Seems like I should just get my a*s across the border and open some banks in person? Any better banks to choose?
Click to expand...

Why Mercury is closing your account?

 

[sebastian]

canadaboy said:
I got notice Mercury is closing my account. To my surprise Globalfy is no longer a bank. That is everything I had.
Click to expand...

Why do they close your account, any information from them ?

 

[Alexmorgan]

sebastian said:
Why do they close your account, any information from them ?
Click to expand...

All my business income is through them only

If they play bad with me i will be in BIG trouble

So this question is important to know

 

[12345]

Just go visit brick and mortar bank in the US, any bank you wish should open the account for you

 

[Alexmorgan]

12345 said:
Just go visit brick and mortar bank in the US, any bank you wish should open the account for you
Click to expand...

By the way


Traditional banks can be pain in the a$$ most of the times

Every time they close accounts they want you there

 

[canadaboy]

sebastian said:
Why do they close your account, any information from them ?
Click to expand...

@Alexmorgan

No information from them of course. Infact in the past few months I had not used the account as much as normal since I was on holiday. So I've got no idea.

3 years on an EMI, not terrible. I did ask them for an extension to the closing date of my account and they accepted so that was good. Since it was my only account, I had a relatively high cash balance. As well my infrequent transactions recently were larger POS transactions, maybe a thing?