Banking providers change their eligibility rules more often than anything else in the formation stack — which is exactly why they belong in a dated blog, not an evergreen guide.
What changed
Reports indicate Mercury tightened its requirements and country eligibility for non-resident-owned companies in 2026. The practical effect is that some founders who previously qualified may no longer.
What to do
If you're forming as a non-resident, check current eligibility before relying on any one provider, and line up an alternative. Our evergreen US business banking guide compares Wise, Mercury, and Revolut for non-residents and is kept current.
Always verify live
Provider policies change without notice and vary by your country. Confirm eligibility on the provider's own site before applying.
Some links on this page are partner links. We may earn a commission at no extra cost to you — always labeled. For official filings you can use your state's .gov registry directly. This is general information, not legal or tax advice.