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Rho

Bank

Business banking for scaling, US-operating companies.

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Built for companies with US operations, or a US-based owner with an SSN. Pure non-residents with no US footprint face a higher bar. Unlimited virtual cards are the draw. Worth it once you have scale and a US nexus.

Eligibility at a glance

Requires SSN
No
Overseas operating address
No
Intl wire (out)
Free
Virtual cards
Unlimited
Account manager
None

Best for

  • US-operating startups and venture-backed companies
  • SaaS / tech with a real US presence

Where it falls short

  • Needs a US operating address OR a US-based owner with an SSN
  • An onboarding call is required before the account opens
  • Not available to sole proprietors
  • Pure non-residents with no US nexus may not qualify

Restricted countries

CubaIranNorth KoreaRussiaSouth SudanSudanSyriaVenezuela

Restricted industries

CannabisAdult contentGamblingFirearmsMoney services (MSB)Crypto exchangeShell companies

Documents to prepare

  • A US-incorporated business (LLC / Corp — no sole proprietorships)
  • An EIN letter
  • A US operating address, OR one US-based owner with an SSN
  • Articles of Incorporation, company bylaws, and business licenses
  • Beneficial-owner and personal information
  • An onboarding call scheduled before the account opens
Open the full checklist →