#MERCURY BANK FREE#

Mercury’s free checking account comes with several features that can benefit your startup or tech-based business. If you need other services from your bank, like various business lending products, Live Oak Bank is a good alternative.Īs long as your company is incorporated in the US, you can apply for a Mercury account even if you aren’t physically located in the US, unless you’re located in the following countries: Belarus, Burundi, Central African Republic, Cuba, the Democratic Republic of the Congo, Iran, Iraq, Lebanon, Liberia, Libya, Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, and Zimbabwe.Bluevine is a good alternative that offers higher interest rates on eligible deposits. If you want your business checking to earn interest as Mercury’s is a noninterest drawing account.Novo is a good digital banking alternative because it refunds all ATM fees at the end of each month. Businesses that make frequent withdrawals from ATMs outside the Allpoint network.If you’re depositing cash constantly, you might consider a bank with a physical location, such as Bank of America, Chase, or U.S. If you need to deposit cash regularly into your account as Mercury doesn’t allow you to deposit cash.You might choose an alternative to Mercury in the following scenarios:

While Mercury offers a great online banking product, it might not be the best fit for your business.

Because the account is easy to set up and manage from the app and online, Mercury is a great choice for startup businesses looking for a simple business checking account.

Businesses uninterested in lending products and only looking for a free business checking account.

Companies looking for a great mobile and desktop application where they can manage user access, virtual and physical debit cards, and financial transactions on the go.

Businesses looking for a fee-free business banking experience.

Companies that don’t need to deposit cash directly into their business account.

Business owners that are comfortable with an online-only bank and don’t need their business bank to have a physical location.

(FDIC)-insured through a supporting bank partnership (Evolve Bank & Trust for Mercury, Coastal Community Bank for Bluevine, and Middlesex Federal Savings for Novo). Never give your account information out though, as your account number can be used maliciously.*Providers are financial technology (fintech) platforms backed and Federal Deposit Insurance Corp. No, routing numbers are used for incoming transfers only, and cannot be used to extract money from your bank account. You need the recipient information and routing number before you can make the wire transfer.Ĭan someone steal my money using a routing number? You should call the customer service phone number above to initiate a wire transfer. How can I initiate a wire transfer from Mercury?

Recipient bank ABA routing number (domestic transfers only) OR the Recipient bank IBAN and BIC/SWIFT codes (international transfers only).

Recipient bank account number and account type (ie.

Recipient bank name, address, and telephone number.

In order to wire money to or from a bank or credit union, you’ll need the following information: What information do I need for a wire transfer from Mercury Bank? Use the customer service phone number above to find out the exact time for a wire transfer. That’s usually 3pm EST for smaller banks, and 5pm EST for larger banks. Make sure you get your wire transfer submitted before the cut-off time in order to have the wire completed the same day. Most wire transfers are completed in 24 hours or less. How long does a wire transfer take from Mercury Bank? Some banks and credit unions make it difficult to find, so we’re here to make it fast and easy.

It can be found on the checks, and sometimes the bank or credit union has it on their website. They operate like an address for a bank, and when paired with your account number will allow money to get to or from your bank account quickly, securely and accurately.Īnyone who banks at Mercury might need to find the routing number. Routing numbers are used for making automatic deposits or making wire transfers.

Mercury bank