Overview
Lili, at a glance.
Lili is a fintech with a partner bank headquartered in the United States. The business account has no monthly fee. Opening an account takes 3–5 days. Founders who are US citizens or citizens of the 20 listed countries can apply from anywhere, for a business registered in the United States. Every owner with 25% or more must hold a supported citizenship.
Lili is a financial technology company, not a bank. Banking services are provided by Sunrise Banks, N.A., Member FDIC, and a sweep network of FDIC-insured program banks, so eligible deposits are insured up to $3 million. Wires are handled by Column Bank N.A., Member FDIC.
Why businesses pick Lili
- Free Core plan with no minimum balance and no overdraft fees
- Citizens of 20 countries can open an account for a US company from abroad, with a passport instead of an SSN
- FDIC insurance up to $3 million through a sweep network
- Accounting, invoicing and tax tools on the paid plans
- Free standard ACH and incoming domestic wires
Watch out for
- Only for businesses registered in the United States
- International wires cost $15 in and $25 out, plus 1% on converted amounts
- International wires only to and from 56 countries, and not for sole proprietors
- Cards ship to US addresses only
- Crypto, money services, gambling, cannabis and adult businesses are not accepted
Business fit
Will Lili accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Lili's published rules
Likely no
Lili does not list United Kingdom among the countries where it accepts companies.
Lili does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Lili publishes about the businesses it takes on.
Who Lili serves
- Startups and SMEs
- Freelancers
- NGOs and charities
Not supported
Industries and countries Lili does not accept, from its own published lists.
Industries
- Cryptocurrencies and virtual currency trading or exchanges
- Money services (for example: check cashing, money transmission, currency exchange, or payment processing for third parties)
- Gambling, betting, or online gaming for money or other items of value
- Crowdfunding platforms or donation‑based fundraising platforms
- Trusts or businesses set up primarily to hold assets in trust
- Marijuana or cannabis, including related products or services, even where permitted by state law
- Privately owned ATMs
- Adult entertainment, including online or in‑person services
- Firearms manufacturing or businesses primarily dealing in weapons
Countries
- Not published
Coverage
Where can you use Lili?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
USD
US dollar account. International wires in 130+ currencies are converted to dollars.
Payment reach
Not published
Who can apply
Company incorporation countries1 countries · show list
- United States
Owner nationality21 countries · show list
- United States
- Argentina
- Australia
- Bolivia
- Brazil
- Canada
- Chile
- China
- Colombia
- Ecuador
- India
- Israel
- Mexico
- New Zealand
- Norway
- Panama
- Paraguay
- Peru
- United Arab Emirates
- United Kingdom
- Uruguay
Owner residency
Not publishedCompany types
LLCs (single and multi-member), C-Corps and S-Corps, General partnerships and LLPs, Sole proprietors with a DBA (US applicants only), 501(c)(3) nonprofits
Pricing
What does Lili cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Free
Monthly fee
$0–55
depends on plan
Lili Core
Lowest cost$0 per month
$0 setup · $0 in year one
Lili Pro
$15 per month
$0 setup · $180 in year one
Lili Smart
$35 per month
$0 setup · $420 in year one
Lili Premium
$55 per month
$0 setup · $660 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SWIFT / international | $15 | Fixed fee · International wire; incoming domestic wires are free |
| ACH / local USD | Free | No charge |
| Outgoing | ||
| SWIFT / international | $25 | Fixed fee · International wire; domestic wires out cost $15 |
| ACH / local USD | Free | No charge · Standard ACH; express ACH costs 1.5% (min $0.50, max $20) |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | 1% | Percentage of the amount · Commission on wires converted to other currencies, built into the rate |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Card FX | Free | No charge |
| ATM withdrawal | Free | No charge · MoneyPass ATMs; $2.50 out of network, $5 abroad |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Lili a bank?
No. Lili App Inc. is a financial technology company. Banking services are provided by Sunrise Banks, N.A., Member FDIC, and wires by Column Bank N.A.
Can non-US citizens open a Lili account?
Yes, if the business is registered in the US and every owner with 25% or more is a citizen of one of 20 countries, including the UK, Canada, India, Israel, Mexico, Brazil, China and the UAE. Sole proprietorships are not accepted for international applicants.
How much does Lili cost?
Core is free. Pro costs $15 a month, Smart $35 and Premium $55, or less if paid annually. International wires cost $15 in and $25 out; domestic wires out cost $15.
Which businesses can't use Lili?
Crypto trading, money services, gambling and betting, crowdfunding, trusts, cannabis, private ATMs, adult entertainment and weapons businesses, as well as B-Corporations and nonprofits that are not 501(c)(3).
Alternatives
How Lili compares.
If Lili is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 LiliThis pageFintech with a partner bank | Not published | Free planNon-resident founders |
 NovoFintech company |  | US business accountFree account |
 RelayFintech company | | US business accountNon-residents accepted |
 BluevineFintech company | | US business accountNon-residents accepted |
 MercuryFintech company | | US business accountNon-residents accepted |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.