Mercury Account Closed | 3 Next Steps & Alternative Options

[@GlobalBankscom]

🖐 If your account was closed just comment (or email) and we'll see if we can help! 🇺🇸 Free US Banking Guide: globalbanks.com/banking-in-the-usa/ ✅ Open NEW US Accts: globalbanks.com/globalbanksusa/

[@anasone434]

Croatia and Philippines ! The prohibited list just keeps growing , running a business bank account is becoming a nightmare, fees going through the roof and yet subject to closure at any time !, not mentioning the extreme competition in the market and industry disruption caused by AI, soon no one will be able to sustain running a business , they are just killing small and medium businesses, maintaining a decent bank account has become an exclusive club for privileged rich people !

[@GlobalBankscom]

There are plenty of business banks that offer great service, low fees, and are willing to support non-residents. The one that works for you depends on your profile, industry, transaction activities, countries involved, and other variables. If you want to explore them just drop us an email: [e-mail]

[@JustMe-xb4ey]

Mercury is well know for closing people's accounts, including mine and keeping all the funds. This is very common for them. The idea of leaving big chunks of money in any of these BIG USA banks is terrifying, because they are now closing people's accounts at the speed of light, and even the legit banks could and often do freeze people's funds for 6 months. I appreciate these videos and the presenter Chris is great btw.

[@GlobalBankscom]

Lots of account closures happening - but you don't need to have your funds locked up for months - in most cases, you just need to open with a different bank and the funds will be transferred out. As for the big banks, we definitely don't suggest all of them... but there are a few worth considering. But if you're a foreign non-resident then one of the other more foreigner friendly banks will usually be a better fit.

[@AsusMemopad-us5lk]

Just Mercury? Citi does it too. Would like to see more info on this random closure and confiscation of accounts.

[@mansoob]

Good and informative video. Thank you for sharing.

[@GlobalBankscom]

thanks for the feedback - if you have any future topics you'd like us to cover please let us know

[@AsusMemopad-us5lk]

Please discuss other American banks like Citi that are doing the same thing. Why are they doing it and how to respond?

[@pausanchezv]

Nice! Spain not in the list! I was so f***** worried!

[@HungLeEntrepreneur]

Australia 🇦🇺 (where I’m a resident ) is not on the list .. yet Mercury still managed to close my account and freeze five figures in my account today, which is attached to an LLC that’s been active since 2016 🤦‍♂️ Meanwhile, I still have to pay contractors and vendors out of my own pocket. What an absolute pain in the a$$ ..

[@GlobalBankscom]

sorry you're dealing with that - it sounds like it's not a country issue (like the closures discussed in this video) - based on what you shared it could be due to transaction activity, business activity, or another profile-related issue that came up during a routine compliance review - did you already get another account opened?

[@ya55er4008]

I am a citizen of country listed in the grey list. at first i didn't know what that mean until I tried to open stocks trading account. What would be the best solution for me?

[@GlobalBankscom]

It depends on the country, the type of account you want, and where you want to bank (region, country, etc) - basically there are still opportunities available even if you are residing in a grey listed country

[@mahmoudmohmed5663]

what about the company I work for it's sited in Egypt and it operates in the Middle east region including Iraq and Libya which are included in the grey list lately I can't access to the account is my money lost forever if not what should I do to retrieve my Money Please If somebody have a similar case please help

[@gjs2900]

Mercury is a joke....

[@GlobalBankscom]

It's a pretty valuable option for business owners who can't make a qualifying deposit elsewhere... basically anyone sub 1.5k... and for anyone that can't show up in person... but we only suggest using Mercury (and any other fintech platforms) for transactional banking... in other words, maintaining deposits should be exclusive to licensed financial institutions with direct FDIC insurance and regulatory oversight.