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DunningKruger

New member
Hello guys,
This is my first message here.

Any body used/tested Mercury.com USD account which owner by a WY LLC (Non-US Resident company) receive/send to Crypto exchanges ? And also which crypto exchange is perfect with mercury.com (If mercury crypto firendly)
Or any US Bank account and crypto exchange suggestion with lower costs.

thanks
 

Admin

Forum Moderator
Staff member
Personally I have been in touch with them a few times, very responsive and polite to answer questions.

Actually I was through the entire process with them with a Wyoming LLC but never really got started.

Below are other similar threads that you may find very helpful:
 

DunningKruger

New member
Personally I have been in touch with them a few times, very responsive and polite to answer questions.

Actually I was through the entire process with them with a Wyoming LLC but never really got started.

Below are other similar threads that you may find very helpful:

Thank you @Admin ,
I used firstbase.io for my WY LLC, and I created a good looking website and of course waited EIN number about 2.5 months :) After EIN, I got my Mercury account without any problem.

Now I have Mercury and Relay USD accounts.

Currently I am trying to findout which one Crypto friendly :)

Thanks
 

Piano

Entrepreneur
Thank you @Admin ,
I used firstbase.io for my WY LLC, and I created a good looking website and of course waited EIN number about 2.5 months :) After EIN, I got my Mercury account without any problem.

Now I have Mercury and Relay USD accounts.

Currently I am trying to findout which one Crypto friendly :)

Thanks
firstbase looks good ...why you don’t ask Mercurybor Relay about crypto ?
 
Last edited:

Piano

Entrepreneur
Thank you @Admin ,
I used firstbase.io for my WY LLC, and I created a good looking website and of course waited EIN number about 2.5 months :) After EIN, I got my Mercury account without any problem.

Now I have Mercury and Relay USD accounts.

Currently I am trying to findout which one Crypto friendly :)

Thanks
Can you send SWIFT transfers with Mercury worldwide ?
 

DunningKruger

New member
firstbase looks good ...why you don’t ask Mercurybor Relay about crypto ?
I really do not want to, because my account is new and I do not want to lose mercury right now, mostly s-hit happening me after asking this question banks closing my company accounts :) Thats why I am asking a real world and real test :)
Can you send SWIFT transfers with Mercury worldwide ?
Not tested but seems yes.
 

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Novice

New member
I'm using Kraken to receive Mercury wire payments. We have a Wyoming LLC.

Pretty good but you'll have to get every single deposit approved manually by Kraken (using support ticket every single time I make a deposit) as the payment doesn't come directly from your own Mercury Bank account. It comes from their partner bank. Open a support ticket and attach the deposit receipt of each payment.

You'd get your payment approved from 4-12 hours. (I've recently been upfront with them and I get it approved ~ 4hrs after the wire hits their account)
 

Admin

Forum Moderator
Staff member
Cryptocurrency can be risky on Mercury. Better to openly ask Mercury before making a transfer. Don't risk it.
I totally agree.

OP if you are afraid of losing your account you want to contact them from a different handle which they can't connect to you. I know they are very responsive also to non customers.
 

DunningKruger

New member
@Admin @isyet
I contacted with them and I got below response from Mercury support.

Thanks for reaching out here. I'm unfortunately not able to confirm for sure if this would be acceptable. When it comes to transactions involving crypto currencies, these are reviewed on a case by case basis by our banking partners. I think I'd recommend, in order to make sure that the transaction is successfully, having the sender not use crypto to pay you.

This is my first TEST company, I will try with 5-10K USD from Kraken. Let's see what will happen.
 

Tr0nad0r

Active Member
@DunningKruger Let us know how things go with your testing.

Talking with the Mercury team they confirmed that they don't have troubles per se with crypto business or crypto transactions but that some exchanges, like Gemini, reject their wire transfers because the business name isn't listed as the sender of the wire.

About crypto businesses:

while we can accept crypto companies in general, some business models that are perceived as higher risk aren't able to be banked.
 
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