💼 Work & Business

What Happens to Your Mercury Account When You Die

CRITICALBusiness Banking
DO NOT close the account — Mercury may hold the business's primary operating funds, treasury reserves, and have active debit cards. Secure access immediately and freeze cards if needed.

Quick Facts

Account type

Startup/business banking

Treasury

May hold significant funds

Cards

Debit/virtual cards active

Signers

Check authorized signers

Step-by-Step Guide

1

Secure the account immediately

Log into Mercury and note all account balances including checking, savings, and treasury accounts. If unauthorized access is a concern, change the password and review recent transactions.

Estimated time: Day 1

2

Review and freeze debit/virtual cards

Check Cards for active physical and virtual debit cards. Freeze any cards that could be misused while keeping essential business cards active for operations.

Estimated time: Day 1

3

Add an authorized team member

Go to Settings → Team and add a trusted person with appropriate permissions. Ensure someone can manage the account for business continuity.

Estimated time: Day 1-3

4

Review scheduled and recurring payments

Check for scheduled transfers, bill payments, and recurring transactions. These may include rent, payroll funding, vendor payments, and SaaS subscriptions. Decide which to continue.

Estimated time: Week 1

5

Export all statements and transaction history

Download all bank statements and complete transaction history. These records are essential for tax filings and estate settlement.

Estimated time: Week 1

Document Now Checklist

  • Mercury login email and password
  • Company name on account
  • Account numbers (checking, savings, treasury)
  • Authorized team members
  • Active debit/virtual cards
  • Approximate total balance across all accounts

Last verified: June 2026. Platform policies may change. Verify current procedures directly with Mercury. This guide is for informational purposes only and does not constitute legal advice.

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