---
title: How to open a business bank account with Mercury - Globalfy's banking partner?
description: Apply for a Mercury bank account directly through the Globalfy Platform with our step‑by‑step guide. Learn the required documents, application stages, and benefits for startups.
---

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# How to open a business bank account with Mercury - Globalfy's banking partner?

## As a Globalfy customer, you can easily apply for a Mercury bank account directly through our Platform. To make this process even easier, we’ve prepared a step-by-step guide to help you apply.

 

**💡 Tip:** By depositing $5,000 into your Mercury account within the first 90 days, you’ll receive **$200 cashback** directly into your account!

### **Required Documents Before You Begin**

To streamline the application process, make sure you have the following documents and information ready:

- **EIN confirmation letter.**
- **Company’s state registration document.**
- **Personal details of all company members holding more than 25% ownership**, including a valid passport for each member.
- **Proof of business address**: This can be located either in the U.S. or in your country of residence. Acceptable documents for verification include:
  
    - Utility bill (water, electricity, internet).
    - Bank statement in the name of the company or one of its members.
    - Other approved documents listed in Mercury’s guidelines.

---

### **Starting the Application**

#### **Access the Platform**

- Go to the ** Platform**.
- Click on **“Bank Accounts”** and select **Mercury**.
- Enter your **name, email, and phone number**. 

![](https://help.globalfy.com/hs-fs/hubfs/image-png-1.png?width=670&height=320&name=image-png-1.png)

#### **Add Your Company Information**

- Enter the **legal name of your company** (e.g., *Company Name, LLC*). 

![Captura de Tela 2025-08-22 às 17-35-10-png](https://help.globalfy.com/hs-fs/hubfs/Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-35-10-png.png?width=442&height=362&name=Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-35-10-png.png)

#### **Create a Call Sign**

- You will be asked to create a **call sign**. 

![Captura de Tela 2025-08-22 às 17-35-48-png](https://help.globalfy.com/hs-fs/hubfs/Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-35-48-png.png?width=432&height=330&name=Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-35-48-png.png)

**Note:** The call sign will serve as the URL for your bank account.

- Must be written in lowercase, without spaces or special characters.
- If the chosen call sign is already taken, you’ll receive an alert and need to select a new one.
- You can modify it later if needed.

#### **Confirm Your Business Category**

- Indicate whether your company falls into one of the listed categories. 

![Captura de Tela 2025-08-22 às 17-36-35-png](https://help.globalfy.com/hs-fs/hubfs/Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-36-35-png.png?width=383&height=423&name=Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-36-35-png.png)

If your company does **not** belong to any of the categories, simply click the blue button **“None of the above.”**

---

### **Begin the Application Process**

- Once these steps are complete, you’ll proceed to the **six stages of the Mercury application**.

#### **Step 1: Company Information**

**![Captura de Tela 2025-08-22 às 17-37-03-png](https://help.globalfy.com/hs-fs/hubfs/Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-37-03-png.png?width=557&height=354&name=Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-37-03-png.png)**

- Enter your **legal business name** and confirm if your company has a **“Doing Business As” (DBA)** name.
  
    - If you’re unsure what a DBA is, refer to our blog article. If you don’t have one, you can skip this step.
- **Country of incorporation**: Select **United States**.
- **Phone number**: Provide a number where the bank can easily reach you. It can be either a U.S. number or one from your country of residence.
- **Employer Identification Number (EIN)**: Enter your EIN. If you don’t remember it or don’t have the document, contact our customer support team for assistance.
- **Company website**: Optional. If you don’t have one yet, you may skip this field.
- **Company type**: Select your company’s legal structure from the available options.

![Captura de Tela 2025-08-22 às 17-38-37-png](https://help.globalfy.com/hs-fs/hubfs/Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-38-37-png.png?width=472&height=387&name=Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-38-37-png.png)

- **Industry**: Choose the category that best describes your company’s operations.
- **Business description**: Provide a brief but complete description of your company’s activities (in English).
- **Major investors**: If you have U.S. major investors, select the appropriate category. If not, skip this field.

If you’re unsure, reach out to our [customer experience](https://help.globalfy.com/help-center/kb-tickets/new?hsLang=en) team for guidance.

---

#### **Step 2: Company Address**

- In **Company Address,** you must enter Globalfy's **Virtual Address.**

![Captura de Tela 2025-08-22 às 17-39-33-png](https://help.globalfy.com/hs-fs/hubfs/Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-39-33-png.png?width=670&height=422&name=Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-39-33-png.png)

- In **Physical address,** enter the physical location where your company operates.
  
    - This can be outside the U.S. and may even be your residential address if you work from home.

- Later, you’ll be asked to upload **proof of address** for verification.

![Captura de Tela 2025-08-22 às 17-39-47-png](https://help.globalfy.com/hs-fs/hubfs/Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-39-47-png.png?width=490&height=463&name=Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-39-47-png.png)

---

#### **Step 3: Ownership Details**

- Provide details for each company member holding **25% or more ownership**.

**![Captura de Tela 2025-08-22 às 17-40-06-png](https://help.globalfy.com/hs-fs/hubfs/Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-40-06-png.png?width=670&height=409&name=Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-40-06-png.png)**

- Complete the **security identification process** for each member:
  
    - Take and upload a photo of the member’s face.
    - Upload a photo of the member’s passport.
- To add multiple owners, click **“Add another owner profile”** and repeat the process.
- Once all owners are added, click **Next** to continue.

---

#### **Step 4: Company Documents**

Upload the following documents:

- **EIN confirmation letter**
- **Certificate of Formation / Articles of Organization** (state registration document).

**![Captura de Tela 2025-08-22 às 17-42-31-png](https://help.globalfy.com/hs-fs/hubfs/Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-42-31-png.png?width=670&height=406&name=Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-42-31-png.png)**

You can find these documents in the **Company Documents** section of the Globalfy's Platform. If they are not available there, please contact our [customer experience](https://help.globalfy.com/help-center/kb-tickets/new?hsLang=en) team to request them.

---

#### **Step 5: Account Activity**

- Indicate the **expected activity** in your Mercury account.

**![Captura de Tela 2025-08-22 às 17-43-15-png](https://help.globalfy.com/hs-fs/hubfs/Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-43-15-png.png?width=670&height=418&name=Captura%20de%20Tela%202025-08-22%20%C3%A0s%2017-43-15-png.png)**

- In **“Where will your first deposits come from?”**, select **“Self”** if deposits will come from your personal account.
- Upload a **bank statement** from your personal account as proof of funds.
  
    - This does not need to be a U.S. account.

⚠️ If the system prevents you from moving forward, check for missing information. An alert icon will indicate which step needs to be completed – **Go back to the step that is missing and complete the required information.**

---

### **Review and Approval**

- **Processing time**: Mercury typically reviews applications within **3–4 business days**. You’ll receive an email with the results.

**No need to connect your account**: If prompted to connect your account to Mercury, you can ignore this step—it won’t affect the bank’s decision.

- If documents are incomplete or additional details are required, Mercury will contact you by email.
- Once approved, you’ll gain immediate access to your account using the email and password you set up.

---

### **Additional Notes**

- For questions during the process, consult the [**Mercury FAQ section**.](https://mercury.com/faq)
- Mercury offers banking features tailored for startups, including **FDIC‑insured accounts up to $5 million**, ensuring your funds are secure.
- To learn more about the benefits of opening a Mercury account, please refer to [**this article**](https://help.globalfy.com/help-center/guide-to-mercurys-benefits-and-features-for-businesses?hsLang=en) for detailed insights and advantages.

![Group 1000002297](https://help.globalfy.com/hs-fs/hubfs/Group%201000002297.png?width=670&height=36&name=Group%201000002297.png)

If you still have any questions or need further assistance with this topic, we are here to help!

✉️ Simply contact us via email at **help@globalfy.com** or send a WhatsApp message to **+1 (866) 428-2030**. Our team will be happy to assist you.

 

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