| Parkzo | 04-04-2022 01:35 PM | US Managed Payments Bank Accounts Any online banks working for US managed payments?
Having trouble with Wise accounts now, not working any more. I am a non-resident so in need of a bank where I can open an account online or over the phone. |
SaiJin | 04-04-2022 02:49 PM | Re: US Managed Payments Bank Accounts Online banks are not reliable.
Have you tried registering in UK then go to the .com platform to sell? |
ijusstv718 | 04-04-2022 03:23 PM | Re: US Managed Payments Bank Accounts you need a major bank bro |
Parkzo | 04-04-2022 04:03 PM | Re: US Managed Payments Bank Accounts Quote:
Originally Posted by SaiJin
(Post 1188901)
Online banks are not reliable.
Have you tried registering in UK then go to the .com platform to sell? | Fees are a lot higher, but looking like the only option until I can get an account with a major bank.
Anyone been able to open an account with a major bank over the phone? |
sunsets | 04-04-2022 05:33 PM | Re: US Managed Payments Bank Accounts you can get chase and wells fargo online |
Re: US Managed Payments Bank Accounts Quote:
Originally Posted by sunsets
(Post 1188912)
you can get chase and wells fargo online | As a UK resident? You have done it? |
agent006140 | 04-05-2022 06:35 AM | Re: US Managed Payments Bank Accounts you have a US social security number? |
Parkzo | 04-05-2022 07:20 AM | Re: US Managed Payments Bank Accounts Quote:
Originally Posted by sunsets
(Post 1188912)
you can get chase and wells fargo online | Did this work for you as a non-resident? |
Parkzo | 04-05-2022 07:20 AM | Re: US Managed Payments Bank Accounts Quote:
Originally Posted by agent006140
(Post 1188971)
you have a US social security number? | No but I have an ITIN and EIN. |
sunsets | 04-05-2022 08:29 AM | Re: US Managed Payments Bank Accounts Quote:
Originally Posted by rsot
(Post 1188967)
As a UK resident? You have done it? | I got it from a friend. He helped get the bank accounts. |
JamesNorth101 | 04-05-2022 09:21 AM | Re: US Managed Payments Bank Accounts Usually its just Wise business accounts that work
Are you using a business or personal WIse account? |
sunsets | 04-05-2022 10:18 AM | Re: US Managed Payments Bank Accounts Quote:
Originally Posted by JamesNorth101
(Post 1188979)
Usually its just Wise business accounts that work
Are you using a business or personal WIse account? | 2 accounts. I have both business and personal. Both works great. |
Parkzo | 04-05-2022 10:46 AM | Re: US Managed Payments Bank Accounts Quote:
Originally Posted by JamesNorth101
(Post 1188979)
Usually its just Wise business accounts that work
Are you using a business or personal WIse account? | I tried using a Business Wise account. It gives an error when trying to add the bank details.
I should add that I have older eBay US accounts with Wise accounts connected and they are receiving payouts no problem. It's just new accounts or trying to change the bank account to Wise where I am having problems. |
Parkzo | 04-05-2022 10:47 AM | Re: US Managed Payments Bank Accounts Quote:
Originally Posted by sunsets
(Post 1188992)
2 accounts. I have both business and personal. Both works great. | Business and Personal Chase / Wells Fargo accounts or Business and Personal Wise accounts? |
SaiJin | 04-05-2022 01:02 PM | Re: US Managed Payments Bank Accounts Quote:
Originally Posted by Parkzo
(Post 1188905)
Fees are a lot higher, but looking like the only option until I can get an account with a major bank.
Anyone been able to open an account with a major bank over the phone? | Huh? It's just a couple of quids innit?
It's the cost of doing business... don't cut corners |
Parkzo | 04-05-2022 03:14 PM | Re: US Managed Payments Bank Accounts Quote:
Originally Posted by SaiJin
(Post 1188996)
Huh? It's just a couple of quids innit?
It's the cost of doing business... don't cut corners | There is an international fee for UK accounts selling on other sites, plus currency conversion fee, plus the terrible exchange rate eBay use. The %'s are quite significant vs running a US account. Yeah it can be factored into profit margins but if it can be avoided why not avoid it.
For me I already have the US accounts with my real details that I want to use. Wise won't even work with matching names and real details. |
Speeder33 | 04-05-2022 05:16 PM | Re: US Managed Payments Bank Accounts A lot of the online only banks are blacklisted
Not all of them are, but the remaining ones aren’t shared to avoid getting them blacklisted as well |
Xilla | 04-09-2022 03:20 AM | Re: US Managed Payments Bank Accounts Mercury seems to issue for non-residents. |
Re: US Managed Payments Bank Accounts Quote:
Originally Posted by sunsets
(Post 1188976)
I got it from a friend. He helped get the bank accounts. | Congrats are in order - hope his access to your bank accounts won't cause you issues |
Gotya108 | 04-09-2022 08:08 AM | Re: US Managed Payments Bank Accounts Quote:
Originally Posted by Xilla
(Post 1189298)
Mercury seems to issue for non-residents. | Just to note, Mercury is business only and If you are a non resident trying to apply for an account you`ll need a passport, they don`t accept National ID cards for residents of most countries. We work with them daily and they`ve become more and more strict with national ID`s and international addresses. Also make sure your business is fully documented. Articles and SS-4 won`t cut it anymore with them. They`ll only request that info on the initial application but will request more documents 24 to 48 hours later. Also Mercury is a fintech not a bank so while they are more lenient then say Chime or some of the other digital apps who`s accounts are furnished through The Bancorp, Metabank, green dot, etc, their compliance department is very active. Too many transactions that look personal and they`ll be sending an email. They offer a great product, if you don`t abuse it. |
Parkzo | 04-10-2022 02:53 PM | Re: US Managed Payments Bank Accounts Quote:
Originally Posted by Gotya108
(Post 1189318)
Just to note, Mercury is business only and If you are a non resident trying to apply for an account you`ll need a passport, they don`t accept National ID cards for residents of most countries. We work with them daily and they`ve become more and more strict with national ID`s and international addresses. Also make sure your business is fully documented. Articles and SS-4 won`t cut it anymore with them. They`ll only request that info on the initial application but will request more documents 24 to 48 hours later. Also Mercury is a fintech not a bank so while they are more lenient then say Chime or some of the other digital apps who`s accounts are furnished through The Bancorp, Metabank, green dot, etc, their compliance department is very active. Too many transactions that look personal and they`ll be sending an email. They offer a great product, if you don`t abuse it. | Mercury doesn't work any more either, at least it does not work on my new accounts. Still attached and working for payouts on my existing old accounts. The Mercury accounts are supplied by Evolve Bank and Trust, same as Wise, so I believe they may have blacklisted this provider. Only speaking from my recent experience. Interested to know if anyone else has managed to attach Mercury or Wise accounts lately... |
SilentHill | 04-10-2022 04:40 PM | Re: US Managed Payments Bank Accounts Mercury bank is great bank for business. | All times are GMT -5. The time now is 06:55 AM. | |
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