Overview
Mercury, at a glance.
Mercury is a fintech company headquartered in the United States. Business accounts cost from $0 a month. Opening an account takes 3–5 days. Non-residents are accepted: owners and directors do not need to live in the country where the company is registered.
Mercury is not a bank. Accounts are held at Choice Financial Group and Column N.A., which are members of the FDIC.
Why businesses pick Mercury
- No monthly fee on the base plan
- Free ACH, domestic wires and international wires in US dollars
- Accepts non-residents: founders can live outside the United States
- Virtual and physical Mastercard debit cards with no fee on USD spending
Watch out for
- Only for companies formed in the United States or a US territory
- Founders living in 51 countries are refused, including Ukraine, Nigeria, Pakistan and Vietnam
- Holds US dollars only; payments in other currencies cost 1% and card spending abroad 3%
- Not a bank; money sits with partner banks
- Money services businesses, crypto exchanges, adult, cannabis, online gambling and trusts are not accepted
Business fit
Will Mercury 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 Mercury's published rules
Likely no
Mercury does not list United Kingdom among the countries where it accepts companies.
Mercury 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 Mercury publishes about the businesses it takes on.
Who Mercury serves
- Startups and SMEs
- IT and software
- SaaS
- Professional services
Not supported
Industries and countries Mercury does not accept, from its own published lists.
Industries
- Money-services businesses
- Crypto exchanges
- Adult entertainment
- Cannabis
- Internet gambling
- Trusts
Countries
- Afghanistan · owners
- Albania · owners
- Angola · owners
- Bangladesh · owners
- Belarus · owners
- Bhutan · owners
- Bosnia & Herzegovina · owners
- Burkina Faso · owners
- Burundi · owners
- Cambodia · owners
- Cameroon · owners
- Central African Republic · owners
- Congo - Kinshasa · owners
- Congo - Brazzaville · owners
- Croatia · owners
- Eritrea · owners
- Gambia · owners
- Haiti · owners
- Indonesia · owners
- Iraq · owners
- Kyrgyzstan · owners
- Latvia · owners
- Lebanon · owners
- Lesotho · owners
- Liberia · owners
- Libya · owners
- Maldives · owners
- Mali · owners
- Mozambique · owners
- Myanmar (Burma) · owners
- Nepal · owners
- Nicaragua · owners
- Nigeria · owners
- Pakistan · owners
- Palestinian Territories · owners
- Philippines · owners
- Russia · owners
- Somalia · owners
- South Sudan · owners
- Sudan · owners
- Syria · owners
- Ukraine · owners
- Uzbekistan · owners
- Vanuatu · owners
- Venezuela · owners
- Vietnam · owners
- Yemen · owners
- Zimbabwe · owners
- Cuba · owners
- Iran · owners
- North Korea · owners
- Afghanistan · owners
- Albania · owners
- Angola · owners
- Bangladesh · owners
- Belarus · owners
- Bhutan · owners
- Bosnia & Herzegovina · owners
- Burkina Faso · owners
- Burundi · owners
- Cambodia · owners
- Cameroon · owners
- Central African Republic · owners
- Congo - Kinshasa · owners
- Congo - Brazzaville · owners
- Croatia · owners
- Eritrea · owners
- Gambia · owners
- Haiti · owners
- Indonesia · owners
- Iraq · owners
- Kyrgyzstan · owners
- Latvia · owners
- Lebanon · owners
- Lesotho · owners
- Liberia · owners
- Libya · owners
- Maldives · owners
- Mali · owners
- Mozambique · owners
- Myanmar (Burma) · owners
- Nepal · owners
- Nicaragua · owners
- Nigeria · owners
- Pakistan · owners
- Palestinian Territories · owners
- Philippines · owners
- Russia · owners
- Somalia · owners
- South Sudan · owners
- Sudan · owners
- Syria · owners
- Ukraine · owners
- Uzbekistan · owners
- Vanuatu · owners
- Venezuela · owners
- Vietnam · owners
- Yemen · owners
- Zimbabwe · owners
- Cuba · owners
- Iran · owners
- North Korea · owners
Coverage
Where can you use Mercury?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
USD only
- USD
Incoming payments in other currencies are converted to US dollars. Payments can be sent in 40+ currencies.
Payment reach
200+ countries and regions
International payments out in US dollars or 40+ local currencies.
Who can apply
Company incorporation countries6 countries · show list
- United States
- American Samoa
- Guam
- Northern Mariana Islands
- Puerto Rico
- U.S. Virgin Islands
Owner nationality
Not publishedOwner residency199 countries · show list
- Åland Islands
- Algeria
- American Samoa
- Andorra
- Anguilla
- Antarctica
- Antigua & Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Barbados
- Belgium
- Belize
- Benin
- Bermuda
- Bolivia
- Botswana
- Bouvet Island
- Brazil
- British Indian Ocean Territory
- British Virgin Islands
- Brunei
- Bulgaria
- Canada
- Cape Verde
- Caribbean Netherlands
- Cayman Islands
- Chad
- Chile
- China
- Christmas Island
- Cocos (Keeling) Islands
- Colombia
- Comoros
- Cook Islands
- Costa Rica
- Côte d’Ivoire
- Curaçao
- Cyprus
- Czechia
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Estonia
- Eswatini
- Ethiopia
- Falkland Islands
- Faroe Islands
- Fiji
- Finland
- France
- French Guiana
- French Polynesia
- French Southern Territories
- Gabon
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guam
- Guatemala
- Guernsey
- Guinea
- Guinea-Bissau
- Guyana
- Heard & McDonald Islands
- Honduras
- Hong Kong SAR China
- Hungary
- Iceland
- India
- Ireland
- Isle of Man
- Israel
- Italy
- Jamaica
- Japan
- Jersey
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Laos
- Liechtenstein
- Lithuania
- Luxembourg
- Macao SAR China
- Madagascar
- Malawi
- Malaysia
- Malta
- Marshall Islands
- Martinique
- Mauritania
- Mauritius
- Mayotte
- Mexico
- Micronesia
- Moldova
- Monaco
- Mongolia
- Montenegro
- Montserrat
- Morocco
- Namibia
- Nauru
- Netherlands
- New Caledonia
- New Zealand
- Niger
- Niue
- Norfolk Island
- North Macedonia
- Northern Mariana Islands
- Norway
- Oman
- Palau
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Pitcairn Islands
- Poland
- Portugal
- Puerto Rico
- Qatar
- Réunion
- Romania
- Rwanda
- Samoa
- San Marino
- São Tomé & Príncipe
- Saudi Arabia
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Sint Maarten
- Slovakia
- Slovenia
- Solomon Islands
- South Africa
- South Georgia & South Sandwich Islands
- South Korea
- Spain
- Sri Lanka
- St. Barthélemy
- St. Helena
- St. Kitts & Nevis
- St. Lucia
- St. Martin
- St. Pierre & Miquelon
- St. Vincent & Grenadines
- Suriname
- Svalbard & Jan Mayen
- Sweden
- Switzerland
- Taiwan
- Tajikistan
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Tokelau
- Tonga
- Trinidad & Tobago
- Tunisia
- Türkiye
- Turkmenistan
- Turks & Caicos Islands
- Tuvalu
- U.S. Outlying Islands
- U.S. Virgin Islands
- Uganda
- United Arab Emirates
- United Kingdom
- United States
- Uruguay
- Vatican City
- Wallis & Futuna
- Western Sahara
- Zambia
Company types
US-registered companies
Pricing
What does Mercury 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
Not published
Monthly fee
$0–299
depends on plan
Mercury
Lowest cost$0 per month
Setup fee not published
Mercury Plus
$29.9 per month
Setup fee not published
Mercury Pro
$299 per month
Setup fee not published
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| ACH / local USD | Free | No charge |
| Outgoing | ||
| SWIFT / international | Free | No charge · International wires in US dollars; payments in another currency cost 1% |
| ACH / local USD | Free | No charge |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | 1% | Percentage of the amount |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Card FX | 3% | Percentage of the amount |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Create an account
Enter the company's registered name, state of formation, address and owners.
- 2
People
Add the administrators, users and beneficial owners.
- 3
Documents
Upload the registration certificate, proof of address and personal ID.
- 4
Review
Mercury and its partner banks review the application before the accounts and cards are activated.
Documents you need
- Corporate registration certificate
- Business address evidence
- Personal identification for administrators, users and beneficial owners
- Ownership details and nature of business
- Additional company or personal documents requested by Mercury or its banking providers
FAQ
Your questions, answered.
Is Mercury a bank?
No. Mercury is a financial technology company. Accounts are held at its partner banks, Choice Financial Group and Column N.A., which are members of the FDIC.
How much does Mercury cost?
The base plan has no monthly fee. Mercury Plus costs $29.90 a month and Mercury Pro $299 a month. ACH and wires in US dollars are free; payments in another currency cost 1% and card spending in another currency 3%.
Can non-US residents open a Mercury account?
Yes, for a company formed in the United States. Founders can live abroad, except in the countries Mercury refuses.
Which countries does Mercury not accept?
Mercury refuses founders who live in 51 countries, including Afghanistan, Belarus, Croatia, Indonesia, Latvia, Nigeria, Pakistan, the Philippines, Russia, Ukraine, Venezuela and Vietnam, and the sanctioned countries Cuba, Iran and North Korea.
Which businesses does Mercury not accept?
Money services businesses, crypto exchanges, adult entertainment, cannabis, internet gambling and trusts.
Does Mercury have an IBAN?
No. Mercury gives US account and routing numbers. Payments from abroad arrive by SWIFT and are converted to US dollars.
Alternatives
How Mercury compares.
If Mercury is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 MercuryThis pageFintech company | Not published | US business accountNon-residents accepted |
 BrexFintech company |  | Corporate cardsSpend management |
 RampFintech company | | Corporate cardsFree checking |
 Wise BusinessE-money institution |   | Low FX costsStandard businesses |
 AirwallexE-money institution |   | Global accountsOnline businesses |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.