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Yes, that's Chase's new policy for the remote opening

- LLC formed more than 1 year ago
- $1M in annual revenue
- at least $80K in Chase cash balance.

I hope they revise those new policies

Why people love mercury?

Because they grew with Mercury and they built a trust on mercury even with all these changes people still trust mercury

I earn 8 figures yearly and its all in Mercury and when i started with them i was earning 5 to 6 figures only

I hope chase revise this at least for the members of this forum as they are a potential high growing businesses

Chase is great bank but they are giving an image that they are not a businesses growth bank rather than wealth management entity
 
I hope they revise those new policies

Why people love mercury?

Because they grew with Mercury and they built a trust on mercury even with all these changes people still trust mercury

I earn 8 figures yearly and its all in Mercury and when i started with them i was earning 5 to 6 figures only

I hope chase revise this at least for the members of this forum as they are a potential high growing businesses

Chase is great bank but they are giving an image that they are not a businesses growth bank rather than wealth management entity
I don’t think Chase cares about the users of this forum or their businesses.
 
I don’t think Chase cares about the users of this forum or their businesses.

This forum is really a business hub

There are a lot of future rich people in here who putting them self's on right business track

And there are a lot of current rich people who most of them dont reveal how much they earn and what businesses they run

I hope Chase considers this
 
I’m glad I was able to help some OCT members. Some were thinking for too long and missed the opportunity.

I wish the requirements were at least $100K in annual revenue.

Honestly, I’ve received lots of requests from sneaky guys with questionable business models, or from people with low revenue, I believe those people don’t even deserve to have such a bank account.
 
What business banks do you recommend that are crypto friendly?

is there any way I can create power of attoreny for a sibiling to open a bank account for me?
Bank of America - all shareholders that own at least 25% of the company need to be present to open the account
Citi Bank - Yes you can create power of attorney at least that what I was told on the phone by a banker

I don't know how crypto friendly are US banks
 
I’m glad I was able to help some OCT members. Some were thinking for too long and missed the opportunity.

I wish the requirements were at least $100K in annual revenue.

Honestly, I’ve received lots of requests from sneaky guys with questionable business models, or from people with low revenue, I believe those people don’t even deserve to have such a bank account.

What are the latest new requirements ?
 
Getting an EIN requires you are on IRS records. Is there a way to be anonymous?

Screenshot_20241101_183318.webp
 
I'm interested in this service - plus I have a ITIN which may make things easier. Please message me here or in the DM's (newish here - not sure where those are though?)

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Need personal banking with Chase as well as for my US LLC's
 
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I'm interested in this service - plus I have a ITIN which may make things easier. Please message me here or in the DM's (newish here - not sure where those are though?)

Need personal banking with Chase as well as for my US LLC's
Sure, check your DM
 
Yes, that's Chase's new policy for the remote opening

- LLC formed more than 1 year ago
- $1M in annual revenue
- at least $80K in Chase cash balance.
How do they verify the second requirement?
 
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