Should I use mercury?

I formed an LLC as a foreigner and I´m about to get the EIN (hopefully) very soon
German Citizenship and Residency in Paraguay also with Proof of Address

I will have mostly German customers and will receive around 5-7k per month
Now I read a lot of reports about accounts being frozen after the first payment

Should I use Mercury?
Good alternatives?
How do you guys handle it?

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u/sascha__rmn — 2 days ago

Foreign US LLC Owner. What fintechs to use?

Hello,

I looked a lot through this forum or to the ones specific related to Fintechs such as the subreddit for Wise, Mercury, Revolut etc.

I know that these are not banks and you kind of get what you pay for with them...
But Fintechs right now are my only option to receive money from customers

I now read a TON of reviews that these accounts got freezed immediatly after receiveing the first payment. Does anyone here have similar experiences or have an idea what I can do to safely receive my first payment?

I´m a German citizen with a residency in Paraguay and started my LLC 2 months ago
The first customers will be from Germany

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u/sascha__rmn — 2 days ago

9 weeks and no EIN?

Hello

I formed an LLC as a foreigner with Northwest Registered Agent and they sent the Form SS-4 around 9 weeks ago to get me my EIN so I can open accounts. I was told that 4-8 weeks is normal so I´m a bit scared that something went wrong and in the end I have to wait event longer.

Is 9 weeks normal right now and does someone have experience with that too?

reddit.com
u/sascha__rmn — 3 days ago
▲ 2 r/IRS

9 weeks and no EIN?

Hello

I formed an LLC as a foreigner with Northwest Registered Agent and they sent the Form SS-4 around 9 weeks ago to get me my EIN so I can open accounts. I was told that 4-8 weeks is normal so I´m a bit scared that something went wrong and in the end I have to wait event longer.

Is 9 weeks normal right now and does someone have experience with that too?

reddit.com
u/sascha__rmn — 3 days ago

Santa Cruz safe to travel?

Hey guys,

I think I need some help with this question. I'm traveling now through South America, and I'm in Asuncion at the moment. In a couple days, I planned to go to Santa Cruz de la Sierra. Of course, I heard about the current situation in the country. Do you think it's still possible to go to Santa Cruz, or should I completely change my travel plan? Would really love to see Bolivia

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u/sascha__rmn — 2 months ago