Comfortable amounts for Mercury Bank like banks you trusted for your USA LLC ?

[troubled soul]

What is the maximum amount of money you use for mercury and feel comfortable ?

On official website they are saying that There is no maximum limit...But do you really trust this type of bank with high balance ?
Even It is not a bank.....

Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust®; Members FDIC.
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After which amount mercury bank type bank accounts are not Good choice and You should go for tradition bank.
@Martin Everson
What would you suggest for this ?

 

[JohnnyDoe]

https://mercury.com/vault#:~:text=M...ings deposits,more about FDIC insurance here.

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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[Alexmorgan]

after same question i made in this lovely forum everyone advised me a Mercury for‌ my business and im getting 7 digits from many countries with no problem

Just in‍ case prepare all invoices and contracts then you are fine

Their CEO said that some⁠ companies with them getting 100s of millions activities on each

they accept legit business only⁤

 

[Martin Everson]

I wouldn't even do a 7 figures with these sort of⁠ non-banks in one go.

 

[JohnnyDoe]

Martin Everson said:
I wouldn't even do a 7 figures with these sort of non-banks in one go.
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As a Mercury shareholder I tell you that in this case you are wrong. I even suspect that no monkeys are employed by Mercury.

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[Martin Everson]

Many Credit Suisse shareholders told me I was wrong. It didn't‍ go well for them 🙁.

As always I will let people learn the hard way.⁠

 

[JohnnyDoe]

Martin Everson said:
Many Credit Suisse shareholders told me I was wrong. It didn't go well for them 🙁.

As always I will let people learn the hard way.
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CS account holders didn't suffer any loss. I am comfortable with up to $5m with Mercury, as that's how much is FDIC insured.

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[12345]

EMI id say low-mid 6 figures max. Is mercury significantly different from Wise, Revolut, Bunq‌ etc. ?

 

[Alexmorgan]

Im doing 7 figures per transaction and no‍ problem

I have a liget business

The different between mercury and wise , revolut ,⁠ bunq is that Mercury dont open personal accounts so they dont deal with a lot⁤ of transactions and games from users

Its just business account i guess this what make⁣ it better service quality bank

Yes chase and BOA would be great but if you⁢ cant go to US and open it then its mercury