How to Pass Mercury KYC with a New York LLC (2026)
Mercury bank account requirements for a New York LLC
By Edmond Hui · Last updated: June 2026
Edmond Hui · Founder, MyStateLLC
Edmond Hui is a software engineer and serial entrepreneur based in New York who has founded multiple online businesses across e-commerce, media, and information publishing. Before transitioning into tech, he spent years as a commercial real estate professional closing deals totaling over 100,000 square feet, giving him firsthand experience with business formation and entity structuring. He built MyStateLLC to provide the free, state-specific LLC guidance he wished existed when forming his own companies.
Mercury is a fintech banking platform whose deposits are held at FDIC-member partner banks (currently Choice Financial Group and Column N.A., Members FDIC), making it popular with startups and small businesses including those with non-US founders. To open a Mercury account for a US LLC, you must provide the company's formation documents, an IRS-issued EIN confirmation, a government ID for the beneficial owner(s), and a physical US address. Mercury supports all US-state LLC types and is commonly used by foreign founders who have formed a US LLC, since it does not require founders to be US citizens or residents.
What Mercury requires — and how a New York LLC meets each
| Requirement | How your New York LLC satisfies it |
|---|---|
| LLC formation documents | Upload your approved New York Articles of Organization. |
| IRS EIN confirmation letter | Provide your federal EIN (free from the IRS; non-US founders without an SSN must apply via Form SS-4 by fax or phone rather than the online tool) — independent of New York. |
| Government-issued ID for owner(s) | Provide a government ID for each beneficial owner. New York lists members on public filings, so the names already match state records. |
| US business address | Use a US street address registered to the LLC in New York (your registered-agent or virtual business address). PO boxes are usually rejected. |
New York-specific things to watch
- New York lists LLC members on public filings, so Mercury's beneficial-owner check will line up with public state records — you still upload a government ID for each owner.
- New York requires newspaper publication after formation. Budget extra time before your Mercury application, since the LLC may not be finalized until publication is proven.
How to verify your New York LLC on Mercury
- LLC formation documents. Upload your approved New York Articles of Organization.
- IRS EIN confirmation letter. Provide your federal EIN (free from the IRS; non-US founders without an SSN must apply via Form SS-4 by fax or phone rather than the online tool) — independent of New York.
- Government-issued ID for owner(s). Provide a government ID for each beneficial owner. New York lists members on public filings, so the names already match state records.
- US business address. Use a US street address registered to the LLC in New York (your registered-agent or virtual business address). PO boxes are usually rejected.
Non-US founders
Mercury explicitly supports non-US founders who have formed a US LLC. Non-US founders can use a non-US passport for identity verification. The LLC must be formed and registered in the United States, and a US business address (including a registered agent address) is required. No US Social Security Number is needed from the founder.
Frequently Asked Questions
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