Could you clarify the minimum requirements for being a Mercury customer?
On your home page, you say you are not a bank. From what I can tell, you seem to be a wrapper around a bank(s) (Choice Financial Group and Evolve Bank & Trust®). Does that mean signing up with you gives me an account with those banks, or do I still have to sign up with those banks independently in order to use your service?
I'm sorry if this seems like a stupid question, but it isn't apparent to me from a quick scan of your website.
EDIT: Last question... if your customers aren't required to establish a direct relationship with your underlying banks, how do you handle KYC? Would I need to fly to the US to get this started, or would a zoom session plus all the relevant ID's be enough?
Neither. The funds are held by those banks, but you won’t ever deal with them directly nor have any login to them
> Would I need to fly to the US to get this started, or would a zoom session plus all the relevant ID's be enough?
You just sign up online and provide documents. No zoom sessions.
If you have the relevant documents signing up should take ~15 minutes
Have a great weekend, sir.