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Nomad Banking Guide

Best Bank Accounts for Digital Nomads in 2025

Not all banks work for nomads. Here's a comparison of the most popular options – Mercury, Wise Business, Revolut Business, and regional alternatives – with an honest look at fees, features, and eligibility.

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Who this is for

  • Digital nomads looking for a reliable, multi-currency business bank account
  • Remote workers and freelancers comparing Mercury, Wise, and Revolut Business
  • Non-residents who need a US or EU bank account without an in-person visit
  • Those who want to understand banking options before choosing a jurisdiction to incorporate in
Pricing
from $199

Bank account assistance is available as a standalone service or bundled with company formation.

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What's included

How it works

Step 1

Banking needs assessment

We identify the currencies, features, and eligibility criteria that matter most for your situation.

Step 2

Provider shortlist

Top 2–3 options recommended based on your entity type and country.

Step 3

Application support

We guide you through the KYC documents and online application.

Step 4

Account active

First transaction guidance and multi-currency setup.

Frequently asked questions

What is Mercury and is it good for non-residents?

Mercury is a US fintech bank popular with startups and non-resident LLC owners. It accepts non-US residents with a US LLC and EIN. It has no monthly fees, a clean interface, and strong API/integration support.

What is Wise Business?

Wise Business (formerly TransferWise) is a multi-currency account available in many countries. It is not a full bank but offers low-cost international transfers and local account details in USD, EUR, GBP, and more.

What is Revolut Business?

Revolut Business is a digital business account available in Europe and select other markets. It offers multi-currency accounts, virtual cards, and team expense tools. Useful for EU-based entities.

Do I need a US LLC to open Mercury?

Yes. Mercury requires a US company (LLC or corporation) with an EIN. It also requires at least one controlling person to pass KYC. We offer US LLC formation + Mercury assistance as a combined service.

Can I use these accounts for receiving client payments?

Yes. All three (Mercury, Wise Business, Revolut) can receive ACH, SWIFT, and SEPA transfers from clients. They also integrate with Stripe, PayPal, and other payment processors.

Ready to get started?

Fixed price, real-time tracking, and expert handling — from first document to final approval.

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