What you get
A genuine US account. No US entity required.
Why United States companies come to us
- Mercury's 2024 mass account closure event removed thousands of non-resident founders — even from non-prohibited countries — due to compliance blanket reviews
- Mercury charges a 3% foreign transaction fee on non-USD card spend, disadvantaging international operators
- Brex requires $50K+ in cash reserves or recent VC funding and a US-registered entity — excluding bootstrapped international founders
- Traditional US banks (Chase, Wells Fargo, Bank of America) require in-person branch visits and either SSN or ITIN — inaccessible to fully remote non-residents
- Many non-residents use virtual US addresses that trigger bank compliance flags, resulting in account closures without warning
Frequently asked
Can a United States LLC / C-Corp open a USD bank account without a US entity?
Yes. Hollis & Co. provides USD business banking directly to United States-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 States 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 States-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 States 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.
- FinCEN beneficial ownership non-resident US LLC bank account
- OFAC compliant US bank account international founder
- Bank Secrecy Act BSA compliance foreign-owned LLC account
- FATCA FBAR foreign-owned US company bank account
- CIP customer identification program non-resident US account