Mercury Bank is one of the best US business banks for international entrepreneurs. Bangladeshi business owners can open a Mercury account remotely — without traveling to the US — through their US LLC. An ITIN and EIN are required to set up the LLC that Mercury accepts. This guide explains the full setup.
Why Bangladeshi Entrepreneurs Choose Mercury
Mercury Bank is a US-based digital bank built specifically for startups and international businesses. Key advantages for Bangladeshi entrepreneurs:
- 100% remote account opening (no US visit needed)
- No minimum balance requirements
- Free US ACH and domestic wire transfers
- Stripe and PayPal integration
- Virtual and physical debit cards
- Multi-user access for teams
Mercury does not require a Social Security Number (SSN) — only an EIN for your US LLC and documentation of the LLC's formation.
The Setup Path: Bangladesh → Mercury
To open a Mercury Bank account from Bangladesh:
- Get your ITIN — $99 from ITIN Plus (8–14 weeks)
- Form a US LLC (Delaware or Wyoming) — can be done simultaneously with ITIN application
- Get an EIN for the LLC (free from IRS, takes ~4 weeks)
- Apply for Mercury Bank with your LLC documents, EIN, and passport
- Mercury approves the account and ships you a debit card
The entire process takes about 4–6 months (mostly due to ITIN processing time) and can be done entirely from Bangladesh.
What You Can Do With Mercury from Bangladesh
With your Mercury account open, you can:
- Receive payments from Stripe, Amazon, Fiverr, Upwork via ACH
- Send USD wire transfers internationally
- Pay for US business expenses (AWS, Google Ads, subscriptions)
- Issue invoices in USD to US clients
- Build a US credit history through a business debit card
ITIN Plus Role in Your Mercury Setup
The ITIN is the most critical step because it ties your personal identity to the LLC. ITIN Plus charges $99 for the complete ITIN process. Email apply@itinplus.com to start. We handle everything: document review, Form W-7, IRS submission. Processing: 8–14 weeks.
Frequently Asked Questions
Can Bangladeshis open a Mercury Bank account?
Yes, through a US LLC. Mercury accepts international business owners who operate US LLCs. You need an EIN for the LLC and documentation showing you are the beneficial owner. An ITIN helps establish your identity in the US tax system.
Do I need an ITIN to open Mercury Bank?
Mercury primarily requires an EIN for the LLC, not your personal ITIN. However, your ITIN is needed to set up the US LLC correctly and for IRS compliance as a foreign owner. ITIN Plus can help you get both your ITIN and EIN.
What is the minimum balance for Mercury Bank?
Mercury Bank has no minimum balance requirements. There are no monthly fees for standard accounts.
Can I use Mercury for Stripe in Bangladesh?
Yes. Mercury is one of the most commonly used US banks for Stripe integration by Bangladeshi entrepreneurs. Your Stripe payouts go directly to your Mercury account via ACH.
How long does it take to open Mercury Bank?
After you have your US LLC and EIN, Mercury account opening typically takes 1–5 business days. The longer wait is for the ITIN (8–14 weeks) and LLC formation (2–4 weeks).