Action Required: Verify your Mercury Account Details For LLC

[cristiansilva33as]

Hello, first day of the year, I received an email today to re-verify my mercury account. Has anyone else received this?

We are required to periodically ensure your company information for LLC is up to date applicable to our KYC (Know Your Customer) standards.

 

[JohnnyDoe]

Yes, just for one of my companies. I completed the process with 2 clicks.

 

[cristiansilva33as]

Yes, just for one of my companies. I completed the process with 2 clicks.

Here too. They only asked to confirm the details of the company owners.
No additional information was requested. 2 clicks and everything was verified.

 

[Alexmorgan]

Their system was down a while ago

 

[tyrexoid]

oh by the way, new law for all foreign LLC owners from FINCEN in 2024 to submit KYC report (and the CPAs don't want to do it because it's kind of separate from their duties, so we need to file it ourselves) info here "fincen.gov/boi", just FYI. (Fines for all who don't comply and missed the announcement yada yada, you know).
My Mercury bank from 2021, also foreign LLC, did not get any KYC notifications, maybe because I barely had activity there, using my Chase/Schwab/BofA/Revolut primarily, forgot about them. A good spare account tho =) .

 

[cristiansilva33as]

oh by the way, new law for all foreign LLC owners from FINCEN in 2024 to submit KYC report (and the CPAs don't want to do it because it's kind of separate from their duties, so we need to file it ourselves) info here "fincen.gov/boi", just FYI. (Fines for all who don't comply and missed the announcement yada yada, you know).
My Mercury bank from 2021, also foreign LLC, did not get any KYC notifications, maybe because I barely had activity there, using my Chase/Schwab/BofA/Revolut primarily, forgot about them. A good spare account tho =) .

The deadline for companies created before 12/31/2023 to submit the report BOI is 01/01/2025, correct?

 

[Alexmorgan]

The deadline for companies created before 12/31/2023 to submit the report BOI is 01/01/2025, correct?

Yes

Thats why i created all the companies i wanted before 31/12/2023

 

[EliasIT]

Yes, just for one of my companies. I completed the process with 2 clicks.

second that, isn't really an issue!

 

[tyrexoid]

The deadline for companies created before 12/31/2023 to submit the report BOI is 01/01/2025, correct?

yup, good point, I forgot about it.

```
company created before January 1, 2024, will have till January 1, 2025 to file the initial beneficial ownership information report. If a company is formed after December 31, 2023, it will have 90 days from the date of formation to submit a report.
```

 

[Alexmorgan]

yup, good point, I forgot about it.

```
company created before January 1, 2024, will have till January 1, 2025 to file the initial beneficial ownership information report. If a company is formed after December 31, 2023, it will have 90 days from the date of formation to submit a report.
```

Be careful

Its 30 days not 90 days

 

[xtrememdp]

Also received the Mercury Action Required, It is one click for the owner address, and one click for confirming.

Guys, if you dissolve your company in 2024, is it still required to file BOI with FINCEN?

 

[JohnLocke]

Yes, just for one of my companies. I completed the process with 2 clicks.

Same here no issues, a few clicks and an e-mail did the trick.

 

[Daniel V]

Yeapp same here.
Also had to verify location of the office (by lease agreement or utility bills), and affiliations with US partners. ITs been a busy 2024

By the way if any of you would be so kind to sign a partnership egreement or statement of work with your US incorporated company, i would really appreciate it

 

[SoNewToAllShit]

use photoshop it is your best friend