Opening US bank account for non-residents

[iloveyouguys]

just back to the topic: even if you manage to open a US bank account as a non resident, look into how inbound/outbound transfers are done and what kind of verification is needed. To avoid that you are stuck with getting the money from an ATM only.

Business or personal?

Can you suggest a mail forwarding service that works with banks?

 

[Mr Magoo]

Business or personal?

Personal account, no experience with mail forwarding. Both US accounts I opened in person gave me my (temp)card, checks etc. WF sends your card even to an address outside the US. After opening and maybe your final card no mail address needed in the US. I gave them my EU address and that was it.

 

[joeytamlovebusiness]

I have also succeded in opening personal account with Bank of America lately.No proof of address needed (not at home, not in US), but card delivery address needed to be in US. They accept friends address, address rental services etc.

They said opening account for US registered business also possible, but I haven't tried it yet, Going to.

I am EU citizen.

Do u have relatives living in usa?

 

[JustAnotherNomad]

BofA is really relaxed. No need for relatives in the US.

 

[traveller79]

Do u have relatives living in usa?

No.

 

[iloveyouguys]

BofA is really relaxed. No need for relatives in the US.

Until they summon you to the branch.

 

[JustAnotherNomad]

You need to go to the branch to open the account anyway. I had no issues whatsoever, despite telling them I don’t live in the US.

 

[traveller79]

You need to go to the branch to open the account anyway. I had no issues whatsoever, despite telling them I don’t live in the US.

This is exactly my experiense too.

 

[unicorn]

1. go to USA and open a bank account
2. pick a different country for your company

are you saying it is easier to open up a US bank account for eg a EU company, than for personal use or eg a US LLC ?

Mercury bank opens remotely, no need to visit. I have an account there.

amazing : Mercury | Banking built for startups

 

[unicorn]

I checked with Mercury : they can open accounts for US LLC's for non-residents BUT there is a catch : you MUST have US based customers within 3-6 months or the account will be closed.

 

[iloveyouguys]

I checked with Mercury : they can open accounts for US LLC's for non-residents BUT there is a catch : you MUST have US based customers within 3-6 months or the account will be closed.

Thanks for that tip. How do you define US based customers? Why don't you pretend to be your own US based customer if you don't have any?

 

[unicorn]

US based customers : resident (individuals or companies) with US address, US bank account, US taxpayers

 

[iloveyouguys]

US based customers : resident (individuals or companies) with US address, US bank account, US taxpayers

Is that something you can't easily fabricate?

 

[unicorn]

Is that something you can't easily fabricate?

I would have no clue.

 

[descente]

Bofa closed my personal account last week, without any notice.
They do not want to disclose why they made this decision.
As a result they also closed my business bank account that I had there.

I was never overdraft, I was always above the minimal balance to avoid fees.

My account were linked to "Privacy.com" and to a "Curve" card

I am not a US resident nor American National.

They send me the money I had in both account under the form of a cashier checks.


Please avoid Bank of America.

Also I am searching for another big bank to open an account next time I'm there. I was think about Capital One or TD bank, could anyone recommend a bank ?

 

[JustAnotherNomad]

TD Bank is known to open bank accounts for non-residents as well.
You should have used the BofA account statements as proof of address - then other banks with stricter requirements would probably have accepted you as a client as well. Maybe you can still do that if you have recent BofA account statements.

 

[descente]

TD Bank is known to open bank accounts for non-residents as well.
You should have used the BofA account statements as proof of address - then other banks with stricter requirements would probably have accepted you as a client as well. Maybe you can still do that if you have recent BofA account statements.

Ok thank you for your tips ! I will try to do that !

 

[iloveyouguys]

Bofa closed my personal account last week, without any notice.
They do not want to disclose why they made this decision.
As a result they also closed my business bank account that I had there.

I was never overdraft, I was always above the minimal balance to avoid fees.

My account were linked to "Privacy.com" and to a "Curve" card

I am not a US resident nor American National.

They send me the money I had in both account under the form of a cashier checks.


Please avoid Bank of America.

Also I am searching for another big bank to open an account next time I'm there. I was think about Capital One or TD bank, could anyone recommend a bank ?

When did you open your account? Did you have a credit card with them?

 

[dvm]

As a result they also closed my business bank account that I had there.


Was your business US based?

 

[JustAnotherNomad]

Was the account inactive maybe? I know some US banks like to close accounts when they are not actively used (money going in/out).