What you get
A genuine US account. No US entity required.
Why United Kingdom companies come to us
- HSBC UK International Business Account and Barclays currency accounts require an existing UK sterling account relationship and in-person branch authentication
- Starling's USD account add-on (£5/month) was paused and lacks ACH routing numbers — not suitable for US client payments
- Mercury and Brex require US incorporation (LLC/C-Corp) — UK Ltd companies are categorically ineligible
- Traditional US banks require a US SSN or ITIN, physical US address, and in-person branch visit — effectively impossible for UK-only entities
- UK companies using Wise or Airwallex for USD receive virtual accounts that are not FDIC-insured and rejected by some US payment processors requiring 'real' US bank accounts
Frequently asked
Can a United Kingdom Ltd / LLP open a USD bank account without a US entity?
Yes. Hollis & Co. provides USD business banking directly to United Kingdom-incorporated companies. No US LLC or C-Corp is required. You receive a genuine US account number and routing number, full ACH and Fedwire access, and FDIC-insured deposits
Why can't my United Kingdom company use Mercury or Brex?
Mercury requires a US-registered entity and excludes founders from 36+ countries. Brex explicitly prohibits all companies incorporated outside the United States. Neither is available to United Kingdom-incorporated entities. Hollis & Co. is purpose-built for international companies like yours.
Are deposits FDIC insured?
Yes. All deposits are FDIC-insured up to $250,000 per depositor.
What documents do I need to open an account?
Typically: certificate of incorporation, register of directors and shareholders, government-issued ID for all beneficial owners, and proof of address. We will guide you through the full document checklist during onboarding.
Compliance & regulatory
Hollis & Co. supports United Kingdom companies navigating FATCA, CRS, AML/KYC, and beneficial ownership requirements. Our compliance team works with you to ensure your account opening documentation meets all applicable standards.
- Companies House UK Ltd USD account
- FCA regulated USD business account UK company
- UK company FATCA FBAR US dollar account compliance
- UK Ltd beneficial owner USD account opening
- PSR compliant USD account UK company