3 ms·

Yes we do, this is a very common customer profile for us

markdown 4y ago
That's great to know. While I have you here, could you just clear one thing up for me? On your home page, you say you are not a bank. From what I can tell, you seem to be a wrapper around a bank(s) (Choice Financial Group and Evolve Bank & Trust®). Does that mean signing up with you gives me an account with those banks, or do I still have to sign up with those banks independently in order to use your service? I'm sorry if this seems like a stupid question, but it isn't apparent to me from a quick scan of your website. EDIT: Last question... if your customers aren't required to establish a direct relationship with your underlying banks, how do you handle KYC? Would I need to fly to the US to get this started, or would a zoom session plus all the relevant ID's be enough?
- MaxGabriel 4y ago
  > Does that mean signing up with you gives me an account with those banks, or do I still have to sign up with those banks independently in order to use your service? Neither. The funds are held by those banks, but you won’t ever deal with them directly nor have any login to them > Would I need to fly to the US to get this started, or would a zoom session plus all the relevant ID's be enough? You just sign up online and provide documents. No zoom sessions. If you have the relevant documents signing up should take ~15 minutes
  - markdown 4y ago
    Thank you for taking the time to clear that up. Sounds perfect. Have a great weekend, sir.
BasedCourier 4y ago
Whats the requirement for an LLC? I tried signing up for Mercury after getting the email from Brex and seeing it mentioned here but was rejected today. This is a Florida LLC that is around a year old. After linking my Brex account and providing my information I received an email saying that you guys cannot move forward but did not provide a reason why. Could you clarify the minimum requirements for being a Mercury customer?

That's great to know. While I have you here, could you just clear one thing up for me? On your home page, you say you are not a bank. From what I can tell, you seem to be a wrapper around a bank(s) (Choice Financial Group and Evolve Bank & Trust®). Does that mean signing up with you gives me an account with those banks, or do I still have to sign up with those banks independently in order to use your service? I'm sorry if this seems like a stupid question, but it isn't apparent to me from a quick scan of your website. EDIT: Last question... if your customers aren't required to establish a direct relationship with your underlying banks, how do you handle KYC? Would I need to fly to the US to get this started, or would a zoom session plus all the relevant ID's be enough?

MaxGabriel 4y ago
> Does that mean signing up with you gives me an account with those banks, or do I still have to sign up with those banks independently in order to use your service? Neither. The funds are held by those banks, but you won’t ever deal with them directly nor have any login to them > Would I need to fly to the US to get this started, or would a zoom session plus all the relevant ID's be enough? You just sign up online and provide documents. No zoom sessions. If you have the relevant documents signing up should take ~15 minutes
- markdown 4y ago
  Thank you for taking the time to clear that up. Sounds perfect. Have a great weekend, sir.

BasedCourier 4y ago

Whats the requirement for an LLC? I tried signing up for Mercury after getting the email from Brex and seeing it mentioned here but was rejected today. This is a Florida LLC that is around a year old. After linking my Brex account and providing my information I received an email saying that you guys cannot move forward but did not provide a reason why. Could you clarify the minimum requirements for being a Mercury customer?