Hong Kong Ltd VS US Ltd VS UK Ltd

X

Xshore

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Jan 26, 2024

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Apr 25, 2024

#41

• Apr 25, 2024

• #41

daniels27 said:

@Xshore are you actually also looking for such a setup for your own purpose?

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I don't need to move my companies now, but would consider it if the situation was clear and fees not too expensive.

 

S

SKULLDUGERY

New member

Apr 30, 2024

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HK

May 4, 2024

#42

• May 4, 2024

• #42

MukaTukTuk said:

Yes, I've opened a Delaware corporate Wells Fargo account personally, as a non-US resident, in the last year.

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Did you open this onshore or offshore?

 

JohnLocke

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May 4, 2024

#43

• May 4, 2024

• #43

MukaTukTuk said:

Yes, I've opened a Delaware corporate Wells Fargo account personally, as a non-US resident, in the last year.

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how long does the process took? Could a 4 days trip to the US be sufficient ?

 

T

tomboy

Member Plus

Jun 14, 2019

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May 4, 2024

#44

• May 4, 2024

• #44

JohnLocke said:

how long does the process took? Could a 4 days trip to the US be sufficient ?

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I believe so, yes.
You should book an appointment before, make sure you have all necessary documents and I believe they would open the account on the spot for you.

 

B

banafinfodafuggiano

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Jun 18, 2020

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May 5, 2024

#45

• May 5, 2024

• #45

N

tomboy said:

I believe so, yes.
You should book an appointment before, make sure you have all necessary documents and I believe they would open the account on the spot for you.

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No Social security number? On a tourist Visa or business visa to the US?

what documents did they request and is your business a US LLC?

 

J

johndoe11

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Jan 20, 2025

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Wellington

Jan 22, 2025

#46

• Jan 22, 2025

• #46

MukaTukTuk said:

Yes, I've opened a Delaware corporate Wells Fargo account personally, as a non-US resident, in the last year.

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Is this a regular business banking account or a merchant account capable of settling card transactions?

 

L

lukey944

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Feb 27, 2025

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Thursday at 18:06

#47

• Thursday at 18:06

• #47

Did you open the account in person?

Xshore said:

No ssn or itin, just ein. BoA wanted an itin or ssn, WF didn't.

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X

Xshore

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Jan 26, 2024

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Friday at 02:05

#48

• Friday at 02:05

• #48

lukey944 said:

Did you open the account in person?

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Yes, I think that's the only way.

 

brianK

Offshore Agent

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Sep 4, 2012

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Friday at 05:21

#49

• Friday at 05:21

• #49

Why would you open a personal account if you need it for a Delaware company? Isn't the bank going to block your account if you receive business transactions there ?

 

D

daniels27

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Aug 19, 2023

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Friday at 07:41

#50

• Friday at 07:41

• #50

brianK said:

Why would you open a personal account if you need it for a Delaware company? Isn't the bank going to block your account if you receive business transactions there ?

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They normally don't block even if you get business transactions. I think we had numerous reports here from people doing 400k regularly.

But not sure why you talk about this. I think in most of the cases, the bank wants to see you in person for a business account. Like, they want to shake hands with the guy doing business and look into his eyes. The procedure deters at least some criminals.