US LLCs from Brazil in 2026: Banking Options for Remote Founders

Most major US banks, such as Chase, Bank of America, or Wells Fargo, maintain strict Know Your Customer (KYC) policies. These policies typically demand an in-person visit from all signatories to open a new business account.

For non-resident Brazilian founders, flying to the US simply to open a bank account is often impractical and expensive. This barrier forces founders to explore alternative banking solutions that accommodate remote onboarding processes.

In 2026, fintech platforms offer the most accessible path to US dollar banking for Brazilian-owned US LLCs. Companies like Wise (formerly TransferWise) and Mercury Bank provide virtual accounts, debit cards, and sometimes even US routing and account numbers.

These platforms are well-versed in remotely onboarding international clients. They understand the challenges non-residents face and have built their services to address these specific needs.

Wise offers a multi-currency account that includes US dollar banking details. This setup allows your US LLC to receive payments in USD and make payments globally.

To open a Wise Business account for your US LLC, you will need your company's Articles of Organization, Operating Agreement, and federal EIN. Wise streamlines the verification process online, often completing it within days after document submission. Expect strong KYC requirements for all beneficial owners based in Brazil.

Mercury is a US-based fintech company that partners with FDIC-insured banks to provide banking services specifically tailored for startups and e-commerce businesses. They are known for their remote-friendly onboarding.

For Brazilian founders with a US LLC, Mercury offers a true US bank account with routing and account numbers. You will need your LLC formation documents, your EIN, and valid identification from all beneficial owners. The application process is entirely online, typically taking one to two weeks for approval.

Mercury requires that your LLC has obtained an EIN for tax purposes before applying. They generally prefer companies with verifiable business operations or a clear business plan. They offer various banking services, including checking, savings, and virtual cards, all accessible remotely.

Regardless of the banking solution you choose, a federal Employer Identification Number (EIN) for your US LLC is non-negotiable. The IRS issues this number for tax identification purposes. As a non-resident without a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), you can still obtain an EIN by faxing Form SS-4 to the IRS.

This fax method can take 8 to 12 weeks for processing, so plan accordingly. Beyond the EIN, prepare clear scans of your passport, a second form of ID (like a national ID card), and proof of residential address in Brazil. Ensure all names on documents match exactly.

Forming a US LLC through a service like Bastion Formations can cost between $300 and $700, depending on the state and included services. Registered agent fees are typically $100 to $150 annually.

Obtaining the EIN is free from the IRS, but third-party services charge around $50 to $150 for application assistance. Fintech bank accounts usually have low or no monthly fees, but watch for transaction charges. Account approval can take from a few days (Wise) to a couple of weeks (Mercury) once all documents and the EIN are ready.

The entire process, from LLC formation to active banking, could take 2 to 4 months due to EIN processing times, assuming no delays. Budget for these timelines to align with your business launch plans.