How do I open a business bank account for my LLC?

To open a business bank account, you need your LLC formation documents (Articles of Organization or Certificate of Formation), your EIN confirmation letter from the IRS, a government-issued photo ID, and your operating agreement. Most online banks like Mercury and Relay can open your account within 1-3 business days without visiting a branch.

For US-based founders, the process is straightforward: apply online with Mercury, Relay, or a traditional bank, upload your documents, and receive approval within 1-5 business days. For international founders without US presence, Mercury (72% acceptance rate) and Wise Business (85% acceptance rate) are the most accessible options. Traditional banks like Chase and Bank of America typically require in-person visits and have low acceptance rates (8-12%) for non-residents. Key tip: apply for your bank account immediately after receiving your EIN — some banks have stricter requirements for LLCs that have been dormant for extended periods.