How to Open a US Bank Account Overseas as a Non USA Citizen

Michael MicheliniBanking, Blog, Corporate48 Comments

Need a US bank account but not American? Living abroad? Are you looking for options on applying remotely?

Let’s get you settled today, read on my friend! 🙂

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 a bank account is probably one of your check lists. Opening a bank account as a foreigner is a bit complicated to do especially in the United States – regulations were tightened due to various money laundering and the requirements became more complex. But fret not, opening a US bank account as a foreigner is still possible with preparation, proper documentation and a little bit of patience.

If you’d like us to help connect you with a US bank rep, please click the button below.

What Can I Do With My US Bank Account?

  • With a US Bank Account you may access your money freely and avoid whopping international fees while you’re in the US
  • If you plan to work with a US company, then you won’t have trouble getting your salary being directly deposited to your account
  • US bank accounts basically earn more interest
  • Shopping or getting paid online is a lot easier with a US bank account

How Is Your American Bank Search Going?

Before we get too far into it, let’s share where we are in the US banking process, fill out the quick poll below and see where others are in your situation too.

What Are The Requirements In Opening An Account?

Note that not all banks have the same set of requirements, it sometimes vary depending on which state you plan on residing/moving to. Nonetheless, below are the usual and most common requirements by most banks:

· Your passport
· Proof of Address (such as billing statement/utility bill)
· Debit/Credit Card from your country
· Social Security Number (here’s a tutorial on how to obtain an SSN as a noncitizen)
· Initial Deposit

Other Supporting Documents You May Need

· Secondary identification card such as driver’s license, work visa or student ID.
· Immigration Documents
· Bank Statement from your local bank
· Credit History Report
· Certification of employment from your US employer
· Enrollment Form (if you’re a student)

Ideally, it is best to reach out to the bank you intend to visit via phone call to clarify the documents needed before heading to the bank.

Account Opening Procedure

  • Go to the bank
  • Bring the required documents
  • Get interviewed/signed up
  • Make an initial deposit. – note that for large amount deposits, a proof of funds may be required.

Do I Need To Visit The Us To Open An Account?

In most cases, yes.

To ease the account opening procedure, visiting the US to open an account would be an excellent thing to do. Nevertheless, going to the US just to open an account isn’t really a requirement for some banks, nowadays, you can open an account online – only it takes long and you have higher chance of getting disapproved.

How To Open A Us Bank Account From Overseas?

Not all banks allow this, but there are some like HSBC and Citibank allows you to open a bank account without you having to fly to the United States just to open an account. To do this, you may:

1. Contact the bank representative to get you assisted – some banks may allow you to submit your documents by scanning & emailing them to them.

2. If you plan to open an account with a global bank that is also operating in your country (such as HSBC, CitiBank, Barclays, et al) you may actually coordinate with them to assist you in opening a bank account in the US prior your arrival.

3. Sign up online. Some banks like Chase & Bank of America offer online application services.

Best US Banks to Open an Account With

Wells Fargo, Capital One , Bank of America, JP Morgan Chase & Suntrust will open an account for you without issues as long as you submit all the necessary documents.

Question & Input From Readers

You mentioned you need an address. But you didn’t mention how to get the address. Does a registered agent’s address work? If you want to setup a business account – and not traveling to the US, don’t have a physical address – only have registered agent’s address and a EIN number and US entity, which banks will setup an account for a foreigner?Shawn
I have B1/B2 visitor visa and I would like to open bank account in USA. Is it possible for me to do that? I went to Bank of America but unfortunately they can’t do that for me.Azian

I read about your blog post about opening commercial account in USA without flying over there physically.

Can you share with me whether is it still possible to open account without being physically ther?
Zac

Yes, it is still possible. There are online banking solutions and other solutions to do that. We have 2 – 3 options we can introduce you to by completing the email questionnaire you can request at the bottom of this blog post called “Connect with a US Bank Rep”.

Do I Need A Physical Us Address To Open An Account?

Yes. As part of the US Patriot Act and Anti-money laundering program, Banks requires every account holder to have a physical address which shall be: (i) For an individual, a residential or business street address; (ii) For an individual who does not have a residential or business street address, an Army Post Office (APO) or Fleet Post Office (FPO) box number, or the residential or business street address of next of kin or of another contact individual.

How To Open Us Bank Account With No Physical Us Address

  1. Use the address of a relative or next of kin
  2. Use the address of a friend
  3. Use a registered agent address / mail forwarding service. If all else fails, using a registered agent address should be your least option. Some banks accept this, especially if the mail service provider is just small-time and is less likely to get flagged as a registered agent address.
  4. Use a personal mailbox by the UPS store

This is basically like a mail forwarding service + PO Box combined – only it gives you a real street address and not a PO Box number. Moreover, you can choose from any UPS Store Location.

If you plan to open a bank account and declare your address as a registered agent address, then you are most likely to get disapproved or declined. As part of KYC (Know-your-customer), banks require a legit physical domicile. Typically, you can choose from these 4 options mentioned above and open an account without telling the bank anything about the address specified.

How To Open Us Business Bank Account As A Non Us Citizen

Want to watch an overview of US banking setup? You’re in luck, Lyka, our GFA co-host, brings you the video tutorial here.

Requirements For Corporate / Business Account

  • Passport + Secondary ID
  • Articles of incorporation/organisation
  • Proof of Address (such as billing statement/utility bill)
  • Employer Identification Number
  • Legit business address
  • Initial Deposit
  • Expected Cash Flow Figures

Opening A Business Account From Overseas

As previously mentioned, personally opening a bank account is basically the easiest way to get an account, especially if it’s a corporate account. However, if going to the US is not an option for you, there are certain banks that may help you set up an account without having to fly to the states such as Wells Fargo & Bank of America*.

*Note on applying online at Wells Fargo and Bank of America – this was verified to work for others in the past but over the years since this blog article was made they have not allowed non US citizens to apply for their banking solutions online.

We have been adding related posts and guides for those looking to expand their business into USA, please check out these related posts: getting a USA virtual address and How to Incorporate in USA, enjoy!



Looking for USA Business Banking Help?

While many of you are looking for a consumer (individual) US bank account, we recommend if you’re serious about long term US financial solutions to consider opening a USA company. Our team at Global From Asia is specialized in assisting non-US citizens with company setup and banking and would love to work with you. If this seems interesting talk to one of our representatives or read more on our USA VIP packages today.

Questions From Your Banking Experience

We’ve had quite a few people email us their experiences, we would love to document it here to help others – you can help us by answering the following questions:

  • When did you open a USA bank account?
  • You had to go to USA to do it?
  • What were the fees to do it?
  • What is the name of the bank?
  • Do you hear if it is easier or harder these days?

Let us all work together to make this headache of banking globally easier!

Let Us Help Connect You With a USA Banking Advisor

We have had a lot of requests for help with USA banking – and can connect you with specialists – to get started click the button below:

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Drew Cohen
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Drew Cohen

Hi All:

Through a large New York bank, our Management Company is offering USA bank accounts for foreign companies to settle their Amazon.com and other e-commerce payments.

In sum our Management Company will be the signatory on the designated account but the foreign company will be the account-holder and will input all wiring information. Our Management Company will then authorize each transaction.

Drew F. Cohen, JD/MBA
Director

Moustafa Aly
Guest
Moustafa Aly

Drew,
I would like to know how could you help me to open a personal and Business account in a US bank? I am a non US citizen and my business is doing work for US clients.
What are the requirements and the associated fees?

Andre
Guest
Andre

Wells Fargo and Bank of America require you to visit a bank in person to open a bank account.”I’ve tried both”
!STOP MISLEADING PEOPLE!

Kelly
Guest
Kelly

Hello
Am Kelly from Ghana and I would be very glad to open a bank account in US and also have credit card from the same bank.
My can write back to me with the procedure involved.
Thanks

bASIT
Guest
bASIT

HLW how you can open bank acount in USA plz give some information and detail which documents the bank require to non citizen

Nash
Guest
Nash

Hi Drew,

Does a registered agent’s address work? If I want to setup a business account – and not having to travel to the US, don’t have a physical address – only have registered agent’s address and a EIN number and US LLC entity, could I use your service to open up a bank account for my business?

Moustafa Aly
Guest
Moustafa Aly

Drew,
I would like to know how could you help me to open a personal and Business account in a US bank? I am a non US citizen and my business is doing work for US clients.
What are the requirements and the associated fees?

Dave
Guest

What is your management company called?

Semih Abalıoğlu
Guest

I already started my company in delaware and i got my EIN number & physical address which is my office and i even got a phone number,
but the bank of america and other banks still insist for me to go one of their branches and open an account by physically. Actually is not possible for me to go there and do it. please help me to solve this issue.

Idem Dan
Guest
Idem Dan

USA BANK ACCOUNT FOR NON RESIDENT Have you been looking for ways, on how to OPEN and HAVE a US BANK ACCOUNT as a non resident ? Are you a Non US resident or selling using PayPal, 2Checkout, Storm Pay, Click Bank, or any other common payment service, you. Know how expensive and time consuming is to get your fund in your country.I wrote this report to help people like myself, yourself who searches for an easy way to open a US Bank Account for non US residents, without Social Security Number or going to the US, and virtually without… Read more »

Harinder
Guest

Hi Idem
You haven’t write here how to OPEN and HAVE a US BANK ACCOUNT as a non resident ? If you have any resolution on this please do share it will be very helpful for many like we people are. Thank you

Jeff Davis
Guest
Jeff Davis

Did you find any resolution for your banking account requirement?

charlotte Christensen
Guest
charlotte Christensen

hi as per 22 november 2017 bank of america, chase and suntrust etc are no longer able to open a business account UNLESS one of the registered shareholders are an american citizen. we have spent a week getting hit by wall after wall. Unless we sign over the registration possibility to our lawyer or accountant- and that means they will also be able to sign for the business with everything- we are close to giving up- any ideas?

manjanoor
Guest
manjanoor

I can get you a company and bank account in usa. You just need to submit your documents and we will do all the processing for you. I had helped many businesses to get company and bank account in USA. we get it along with online access and debit card. I charge a small consultation fee for this. The process will generally take 3-4 weeks in total. where in first week we send you state incorporation certificate. after that 5-10 business days you get your EIN and in another week you get your bank account.

Soniya
Guest
Soniya

Can you share your email id

Shear
Guest
Shear

Please let me know your email id

Alex
Guest
Alex

Write me please

trackback

[…] up a US company as a non-citizen? This is a guide in response to the huge response we received on how to open a US bank account from overseas. The best way to open a US bank account as an overseas non-resident is to register a US company, […]

Shehan
Guest
Shehan

Has anyone here had success opening a Bank account in the US which could be linked to Paypal & other payment gatways. as a non resident ??

Fabio
Guest
Fabio

Hi
I’m planning a trip to Los Angeles on October, if I want to open a bank account in USA, can I open it while I’m there with my ESTA or I need a visa B?

D
Guest
D

Can you give me a link to contact representatives and remotely Open A Business Account with Bank of America?
thnaks

SJ
Guest
SJ

Hi Michael
I’m planning to visit us to open business bank account, I’m having llc over there which is earlier manage by the managing manager who stays in US ,but now I want to open new account with my name only ?

Yakub
Guest
Yakub

For me its individual acc. I want to open is it possible?

Jacob
Guest
Jacob

B

Veronicka
Guest
Veronicka

I have to look into this, it sounds like a great alternative to what I’ve been doing so far. I don’t live in the US and I’m there maybe three months out of the year and I purchase visa gift cards without any hiccups so far for the past two years, and think that although I love the mobility and ease of getting US Visa gift cards, I want a more permanent solution solution sine my US business is taking off And I might be spending more time there. So opening a bank account as a business would be easier… Read more »

trackback

[…] can browse our growing Global From Asia bank directory and dive deep into our guides to opening a US bank account or a Hong Kong bank […]

Littaut
Guest
Littaut

I have a ssn but live in the Netherlands.
My account at Morgan Stanley no longer accepts non resident citizens
So I need to transfer the account to a NYC bank which does and receive a debit card as well.
How do I proceed without going to the USA

Raj
Guest
Raj

Hi,
I am an overseas investor with an LLC & EIN in the US & need to open a bank account to receive payments.
Is it possible to open an account remotely?

Meredith
Guest
Meredith

I’m an American living overseas and can not find a bank to open a business bank account for me remotely.

It’s terrible!!

Bob
Guest
Bob

Hi Every one who can help for opening business bank account is USA without visting please share me your Email ID

Global From Asia Team
Admin

Hi Bob! Kindly fill out our form: https://www.globalfromasia.com/form-us-bank-intro-help/ and you will be connected with our bank rep.

William
Guest
William

Drew:

we would be needed open a BOA account for our e-commerce site shopify receive money.
Can you help us out ? thanks.

Best Regards:
William

Global From Asia Team
Admin

Hello. Kindly fill out our US bank application form: https://www.globalfromasia.com/form-us-bank-intro-help/

Muhammad ishaq khan
Guest
Muhammad ishaq khan

I check my offshore account in us

carly
Guest
carly

This article is misinformed, I called Wells Fargo and BofA and neither allow foreigners to open an account remotely.

FRANCE
Guest
FRANCE

NEED TO OPEN A BANK ACCOUNT IN USA IN ORDER TO DEPOSIT A CHECK IN USD WHICH CAN NOT BE CASHED IN ANY EUROPEAN BANK

tom
Guest
tom

Question, does the IRS or US Bank report your bank account to Canadian CRA? Anyone know?