For the complete documentation index, see llms.txt
For the complete documentation index, see llms.txt
Mercury vs Relay: differences, eligibility requirements, and physical card shipping limits
With your doola setup, here’s how things work:
1. Formation & Registered Agent Address:
◦ doola can form your U.S. company and provide a Registered Agent (RA) address. This address is used for legal and official mail purposes.
2. Bank Account Integration:
◦ doola supports U.S. business banking options that include Mercury, Slash, and Relay. doola can help guide you on the differences and provide the necessary company and RA information for the application, but you still need to meet each bank’s specific eligibility criteria.
3. Physical Cards:
◦ International shipping of physical cards is limited.
4. Using the RA Address for Banking:
◦ Banks may require a U.S. business address for onboarding. In many cases, your RA address can be used during setup, but banks may request additional proof of address for certain services. This is standard KYC/AML compliance.
Mercury, Slash, and Relay all offer U.S. business banking, but they differ on country restrictions, account features, and eligibility requirements. doola recommends Mercury first, with Slash and then Relay as alternatives. doola guides founders on the differences, but you must meet bank-specific criteria.