Opening a business bank account
How the Banking autopilot prepares and submits your Mercury, Wise, Relay, or Brex application — and what it needs from you first.
Once your entity is filed and your EIN is issued, the Banking autopilot opens your business bank account. It doesn't just point you at a signup link — it assembles the whole application, coaches you through the parts most likely to trigger a rejection, and submits to the provider that best fits your company.
Every business banking provider requires a registered company and a federal tax ID. If you haven't formed yet, start with starting your company; the EIN autopilot issues the tax ID banks ask for.
How it works
- 1Pick a provider
The agent recommends Mercury, Wise, Relay, or Brex based on your entity type, residency, and how you'll move money. You can override the recommendation.
- 2Assemble the application
It pulls your formation details, EIN, and founder profile into the provider's application, and flags anything that commonly causes rejections — a vague business description, a missing address, an unclear ownership structure.
- 3Review the KYC coaching
Before submitting, the agent shows you exactly how each answer will read to the bank's compliance team, and suggests sharper wording. See passing bank KYC for what it looks for.
- 4Submit and track
The application is submitted and tracked to a decision. Every step is logged as an agent run, and the outcome lands in your dashboard under Banking.
FormBridge prepares and submits the application, but the bank account belongs to you and your company. You hold the login and the credentials — FormBridge never has spending access.
Not sure which provider fits? See choosing a bank for a side-by-side comparison.