Alternatives to Mercury for Non-Resident LLC?

[Alexmorgan]

Is there any solution with Mercury W-9 request while im not american?

 

[Alexmorgan]

Because with W-9 will you will be eleced to be treated as US person in‌ tax matter

 

[Hyo]

Well, i guess it all‌ depends on your industry and other factors. They are still my first option.
Good luck.‍

 

[catslover]

Mate, I know how to sell good things to people,⁠ but all this bureaucracy is simply beyond me.

I also have to solve the bank⁤ issue soon, I guess Mercury is no longer an option...

 

[koohl]

Depends on what your requirements are and what it is you need.

https://www.offshorecorptalk.com/resources/categories/usa-emi.32/
at the‌ above links there are 5 alternatives at least in the USA and looking further in‍ the resource database of mentor group gold I found tons of good alternatives.

 

[Alexmorgan]

Suddenly Mercury losing all these⁠ influencers who are trusted in the media
Im getting into a huge project and im⁤ depending on mercury as its what real banks should be

I Dont like those big⁣ banks like BOA and Chase who dont have a good UI that allows you to⁢ control financials easily but seems i will be foreced to go to them

 

[ivan1911]

Is this problem affecting people who don’t have American customers or everyone ?

Thank you‌

 

[Alexmorgan]

Everyone

Doing W-9 form is a problem for non US‍ residents and not having citizenship of US

 

[ivan1911]

So far I just had to confirm my address by sending Id card and they‌ asked 2 invoices . No w9 so far… perhaps down the line

 

[xnpu]

Although I did not get the W9 request‍ (yet), I did end up doing what that YouTube CPA recommended: add another member (for⁠ 1%) to my LLC so I can legally use the W9. I have a feeling⁤ that Mercury won't be the last with this issue.

 

[Alexmorgan]

Its not only Mercury its the direction with⁤ the US gov now

 

[jafo]

Do you happen to know why?

 

[Alexmorgan]

I guess its related‌ to tax issues

 

[mad1max]

But than you might have to pay taxes⁤ if you have US clients.

 

[JohnTIAN]

eastwest bank

 

[xnpu]

Could you elaborate on this? I could not find anything that suggests‍ this is the case.

 

[mad1max]

Looks like it can be⁤ changed.

 

[montterio]

you can try bancoli ... never try though .. still checking them out

 

[ilke]

Bancoli is a decent solution for US companies, and it does work‍ with foreigners. It's owned by Romeo Juhasz, also owns Relabe (payment processing for ad networks)⁠ and Sulvo (Google partner for advertising). They have insurance backed by the US fund instead⁤ of FDIC so the limits are higher. I've seen some companies pretty well served with⁣ them, but it's still a pretty new company so I don't have much hands on⁢ experience and don't want this to serve as any promotion

 

[Alexmorgan]

Do they open remotely?