US bank account for LLC

[johanmichel]

Currently I am looking into getting US bank accounts for my LLCs. I have too much in my IBKR LLC accounts and don't like this.

If needed I will travel to the USA for this, but of course I prefer to do it remotely.

I saw Starthub has $29/momth accounts that will give me a proof of address.

With a proof of address in the USA are there any (regular) banks I can open remotely?

 

[Clank]

Do you have ITIN?

 

[johanmichel]

Do you have ITIN?

Only EIN, but I can get an ITIN quite easily I believe.

With an ITIN any good options?

 

[Clank]

Only EIN, but I can get an ITIN quite easily I believe.

With an ITIN any good options?

Getting an ITIN takes at least 4-6 weeks. Once you have it can be easier.

 

[johanmichel]

Getting an ITIN takes at least 4-6 weeks. Once you have it can be easier.

Alright, thanks for the info! I assume that even with an ITIN proof of address in the USA will still be important right? Or can I use the address of the registered agent?

 

[Clank]

Alright, thanks for the info! I assume that even with an ITIN proof of address in the USA will still be important right? Or can I use the address of the registered agent?

Usually they don't accept registered agent address.

 

[johanmichel]

Usually they don't accept registered agent address.

I see. Thanks!

 

[BusinessAsUsual]

Usually they don't accept registered agent address.

@Clank I already replied to your pm I got a question regarding US bank account for LLC.

 

[yngmind]

Currently I am looking into getting US bank accounts for my LLCs. I have too much in my IBKR LLC accounts and don't like this.

If needed I will travel to the USA for this, but of course I prefer to do it remotely.

I saw Starthub has $29/momth accounts that will give me a proof of address.

With a proof of address in the USA are there any (regular) banks I can open remotely?

How did you top up your ibkr LLC account?
You need a business bank account for that.

 

[Forester]

If needed I will travel to the USA for this,

If you can travel to Florida (this is the best bet), you can open a bank account with not much hassle just walking into a bank branch. And no real proof of address is needed. Just have some at hand.

With a proof of address in the USA are there any (regular) banks I can open remotely?

You want to look here https://jamesbakercpa.com/packages (pay attention to No Travel VIP Bank Account - $2,500); also @yngmind can be able to help you in this situation, too (depending on the circumstances); see here https://www.offshorecorptalk.com/th...-bank-account-for-your-us-llc-remotely.44841/

Generally, @johanmichel: There have already been interesting discussions re: banking for US LLC here at forum. Using the search function is recommended before posting a question! (You will probably learn more than it is written here.)

 

[Clank]

How did you top up your ibkr LLC account?
You need a business bank account for that.

You can transfer from your personal IBKR to your company IBKR if you link both accounts.

Not the other way around though.

 

[yngmind]

You can transfer from your personal IBKR to your company IBKR if you link both accounts.

Not the other way around though.

That's interesting.
Thanks for the information.

OP if you have some big numbers in your IB, we may help with Chase Business Bank account.

 

[johanmichel]

How did you top up your ibkr LLC account?
You need a business bank account for that.

I just made transfers from my personal bank accounts here in Poland. I use Relay to remove funds.

Also I made a transfer test to my sole proprietorship bank account over here and that worked fine as well.

 

[johanmichel]

I am in the process of creating a Schwab LLC account. I asked them if I can get a Schwab bank account when registering. I think it should be possible do this remotely.

 

[Forester]

How did you top up your ibkr LLC account?
You need a business bank account for that.

You can transfer from your personal IBKR to your company IBKR if you link both accounts.

Not the other way around though.

I just made transfers from my personal bank accounts here in Poland. I use Relay to remove funds.

Also I made a transfer test to my sole proprietorship bank account over here and that worked fine as well.

All this is interesting and useful but off-topic for this thread and forum. If anyone wants to continue discussion on this, please go here https://www.offshorecorptalk.com/threads/ibkr-business-vs-personal-accounts.46523/. All relevant posts from this thread has been copied or moved there. Thanks!

(Any further thread hijacker will have a bad time )