Can my startup open a bank account without an EIN?
This article assumes you incorporated your startup using Clerky.
Most banks will require your startup to already have an EIN before you can apply for a bank account. However, if you applied for an EIN through Clerky, you can apply for a bank account with Mercury while you’re waiting for the IRS to issue the EIN.
How to apply for an account with Mercury while waiting for your startup's EIN
- Apply for your startup’s EIN through Clerky.
Once your EIN application is pending, view the banking options for your team and apply for Mercury.