Wondering what you need to get a merchant account approved? While it varies from financial company to financial company, you will hit the points we cover here on on your merchant account application.
The Internet has helped global trade grow rapidly over the years; hence, most financial institutions and payment providers have developed to ease cross-border payments. Cross border payments works through financial institutions that are typically linked to send/receive money. Today, there are numerous websites that provide easier cross-border payment options.
If you’re a frequent traveler to the US, someone who plans to relocate in the US, or maybe a student who plans to take a degree in the states, opening US bank account is probably one of your things to do. It can get a bit complicated for someone who doesn’t reside in the US to do but fret not, opening a US bank account as a foreigner is still possible with preparation, proper documentation and a little bit of patience 🙂
international bank account
Are you “going global” and want to “branch out” from your home country and have a “location independent” company and lifestyle? You would need an international bank account (or at least an international friendly one) to be successful and avoid a ton of issues when dealing with a local bank that isn’t sophisticated enough to deal with international business and activity.
As the banks get more and more challenging in Hong Kong, many people are making sure that they have a good standing at their current banks. But what should someone do at their business to ensure their bank account stays in good standing? This blog will cover some tips for keeping your HSBC in good standing or any business bank account globally.