Best Business Bank Accounts for Remote Businesses in 2024

Mercury powers Money Abroad's main business bank account. We love using it for our checking and savings accounts, automated transfers (to setup Profit First), physical and virtual debit cards, domestic and international wires, and integrations. Plus, no monthly fees.

Launched in 2019, Mercury is backed by Silicon Valley's top investors, including Coatue, A16Z, and CRV.

How to apply

Head to https://mercury.com/partner/moneyabroad to apply in minutes, from anywhere.

*Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust®; Members FDIC.

Wise Business is my go-to account for paying international vendors and service providers. I love using it for international transfers due to its low fees, fast transfer times, and versatility (over 50 currencies offered). As a bonus, it also offers helpful features like team management and expense tracking.

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How to apply

• Apply online here
• You'll be asked to submit your personal and company documents

Chase Business Complete Banking is a small business checking account offering unlimited debit card purchases, various fund transfer options, no-fee cash deposits, and the ability to accept credit cards.

It comes with a $15 monthly service fee that can be waived by meeting specific balance or deposit criteria.

This account is ideal for small businesses seeking a comprehensive banking solution with credit card acceptance capabilities.

How to apply

• Income requirements: n/a
• You can apply online or go to the their nearest branch
• The application requirements for Chase Bank depend on the type of business
• You can find detailed information here

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Payoneer Business Account is a global payment solution enabling businesses to send and receive payments in multiple currencies across 200 countries. It offers competitive fees, multi-currency support, ease of use, and robust security features, making it an ideal choice for international businesses and freelancers.

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How to apply

• Income requirements: n/a
• Apply online here
• Application document requirement: you will be asked to submit certain personal and company identification documents. Besides, you will need to provide some additional information that covers your company details and the scope of your business.
• Eg: A copy of your business registration certificate (if applicable)
• A copy of your bank statement (if applicable)

The Wise Business Debit Card is a business card that allows you to spend money in over 55 currencies and 200 countries, without paying extra foreign transaction fees.

You get the mid-market exchange rate, and there are no monthly or annual fees. The card also comes with features to help you manage your business expenses, such as instant spending notifications, spending limits, and card freezing and unfreezing.

How to apply

• Create a Wise Business account. You can do this on the Wise website or app
• Verify your account. This will involve providing some personal and business information, such as your name, address, and business registration number
• Order your card. You can do this from your Wise Business account
• ‍Note: Cards for US Businesses are only available for sole proprietorships and single-member limited liability companies (LLC) Businesses with multiple shareholders can't get a card at this time