Wise Business
Multi-currency business account from Wise. Highest approval rate for non-resident Delaware LLC founders in 2026.
Definition
Wise Business is a multi-currency account product from Wise (formerly TransferWise). Holds 40+ currencies with local-style account numbers in major currencies (USD, EUR, GBP, AUD, CAD). Technically an electronic money institution (EMI) rather than a US bank; FDIC coverage flows through to deposits at partner banks.
Context
Wise Business has the highest approval rate for non-resident Delaware LLC founders in 2026, displacing Mercury as the default for many emerging-market profiles.
Example
A Bangladeshi founder applies to Wise Business with passport and Delaware LLC documentation. Approval within 7 business days. The account holds USD, EUR, GBP balances with local-account numbers.
Common pitfalls
- Wise is technically an EMI, not a US bank; some platforms (older payment processors) do not accept Wise routing.
- Wise's FX spread is transparent but not free.