Open US Bank account online easily with trusted support.
Open Bank Account in USA effortlessly for residents and non-residents. Our expert guidance ensures smooth setup, compliance, and full access to business banking services.
- Business Bank Account Consultation
- Merchant Account Setup
- ACH & Wire Transfer Setup
- Multicurrency & International Transfer Setup
- Support for EIN / Tax ID Requirement
- Business Debit/Credit Card Assistance
- Remote Account Opening for Non-Residents
Who Can Open a Bank Account in USA?
Opening a bank account in the USA is possible for almost everyone, regardless of where you live. Both US residents and non-residents can apply, as long as they meet basic identification and verification requirements. Many traditional banks, online banks, and fintech platforms now support foreign applicants, making the process easier than ever.
1. US Residents
If you live in the United States, opening a bank account is pretty simple. Most banks just ask for a government-issued ID, your SSN, and proof of your US address. You can apply online or walk into a nearby branch, and in most cases, your account gets approved within minutes.
2. Non Residents
Non-US residents can easily open a US bank account, whether it’s for freelancing, receiving global payments, investing, or managing a US company like an LLC, C Corp, or S Corp. Many trusted platforms let you apply online with just your passport and a US mailing address - no SSN or ITIN required. So even if you are a foreigner without SSN, banks and fintech companies offer options to open bank account in USA for foreigner..
Benefits of Opening a Bank Account in USA
1. Global Credibility:
A U.S. bank account gives your business legitimacy with clients, partners, and investors.
2. Access to Payment Gateways:
Stripe, PayPal, Wise, and other platforms often require a U.S. bank account.
3. Simplified Transactions:
Receive payments in USD directly, avoiding currency conversion hassles from Amazon, Upwork, etc.
4. Build Credit History
Foreigners can also build a US credit score over time by using their account and making regular, on-time payments.
Types of U.S. Bank Accounts
Choosing the right account depends on whether you want personal banking or business banking.
1. Personal Checking Account
Ideal for individuals, freelancers, or residents to manage everyday expenses, receive payments, and use a debit card.
2. Savings Account
Perfect for saving money with interest and managing funds for taxes or future business needs.
3. Business Checking Account
Designed for LLCs, C-Corps, S-Corps, and international founders to receive global payments, handle payroll, and manage corporate transactions efficiently.
Banking Support
- Bank account requirements vary by bank, business structure, and residency status. Contact us to receive complete details and a customized solution.
Is SSN or ITIN Mandatory For Opening Bank Account In USA?
Saving Accounts
Some banks like Zolve, Wise, and Revolut accept foreign passports without SSN, making the onboarding process simple for international users.
Checking Accounts
Platforms such as Mercury, Relay, and Bluevine allow foreigners to open business accounts using only an EIN, with fast online approval.
Fintech Platforms
Digital banks like Payoneer, Wise, and PayPal require no SSN at all, offering quick access to US banking details and global payments.
Documents Required to Open Bank Account in USA
Bank Account Opening Documents Needed for Non-Residents
- If you are living outside the United States, you can still open a U.S. bank account with the following documents:
1. Valid Passport
Your passport serves as the primary identity document for bank account verification.
2. International Address Proof
Any document showing your current foreign residential address, such as:
- Utility bill
- Bank statement
- Driving license
- National ID with address
3. U.S. Registered Agent or Business Address
Most banks require a U.S. address linked to your business. Note: PO Boxes, hotels, or private homes are usually not accepted.
Notes & Tips
- For freelancers or personal accounts, only ID and address may suffice.
- For non-residents, using a U.S. business entity and EIN simplifies bank approval.
- Banks may request additional KYC documentation depending on the state or institution.
Bank Account Opening Documents Required for U.S. Residents
1. Government ID
A valid U.S. ID such as a Driver’s License, State ID, or Passport.
2. Social Security Number (SSN)
Used for identity verification, IRS compliance, and bank account setup.
3. U.S. Residential Address
Your home address is typically accepted unless the bank requires a dedicated business address.
4. Business Documents (For Business Accounts)
If opening a business account for an LLC, C-Corp, or S-Corp, you need:
- Certificate of Formation / Incorporation
- EIN
- Operating Agreement or Corporate Bylaws
Opening a Bank Account for Business (LLC / Corporation)
Foreigners often form a US LLC to access full banking features.
- LLC, C-Corp, or S-Corp formation certificate
- Passport
- US mailing address
- EIN (Employer Identification Number) form IRS
- Operating agreement or corporate bylaws (for C-Corp/S-Corp)
Steps to open bank account in USA For Residents
Step by Step Guide On How To Open Bank Account In USA For Non Residents
Why Choose Us?
We help U.S. residents, non-residents, and international founders open a U.S. bank account quickly, legally, and without complications. Below is what our service includes:
Best Banks for Residents to Open a Bank Account in the USA
These are the best banks for residents to open a bank account in the United States easily, offering simple requirements, quick approvals, and trusted services to help you manage your money without stress.
1. Chase
If you're planning to open bank account in USA as a residents, Chase is one of the most trusted choices. They make it incredibly simple for anyone who wants to manage their money smoothly and confidently.
- Why people love Chase:
- Honest fees: Their costs are transparent, and many accounts have easy ways to avoid monthly charges.
- Great mobile banking: Whether you want to transfer money, deposit checks, or track spending, the Chase app does it all.
- Large branch network: With thousands of branches and ATMs, help is always nearby.
2. Bank of America
Bank of America is extremely beginner-friendly and a strong option when trying to open bank account in USA as a resident.
- Best for:
- Students – They offer zero-fee student accounts
- Employees – Fast direct deposits and smooth payroll processing
3. Wells Fargo
Wells Fargo is friendly, flexible, and ideal for newcomers who want a less complicated experience while trying to open bank account in USA.
- Why people prefer Wells Fargo:
- Simple requirements: Easy approval process, low initial deposits, and beginner-friendly policies.
- Helpful staff: They are known for assisting beginners - whether you're new to the US or new to banking in general.
Best Banks for Non-Residents
if you want to open bank account in USA as a non residents, these options are the easiest and most friendly.
1. Chase International Accounts
Chase offers special programs designed specifically to help you open bank account in USA for foreigner or non-residents with minimal stress.
- Why it works:
- Tailored for foreigners: They understand non-resident documents and needs.
- Dedicated international support: Specialized teams assist with global transactions.
- Strong global presence: Great for people who travel or earn internationally.
A perfect choice if you want a reputable US bank while staying outside the country.
2. Citibank Global Banking
Citibank is one of the best options when you want to open bank account in USA as a non residents with simple paperwork.
- Why choose Citibank:
- Worldwide access: Available in over 90 countries - great for global citizens.
- Easy documentation: Many applicants qualify with just a passport and foreign address.
- Lower international transfer fees: Ideal if you send or receive money across borders.
3. Mercury & Wise (For Business Accounts)
If you're looking to open a US bank account online without traveling to the United States, Mercury and Wise are two of the most reliable digital banking solutions. They are especially popular among non-residents who run LLCs, C-Corps, or online businesses registered in the US.
Mercury
Built specifically for modern businesses, Mercury is ideal for:
- Why business owners love Mercury:
- No physical US visit required - everything is done online
- Fast verification, often within a few days
- A clean, modern dashboard for managing payments, clients, and invoices
- Integrates easily with Stripe, PayPal, Shopify, Amazon, and accounting tools
Wise
Wise is perfect for business owners who need international flexibility:
- Provides US account details (routing + account number)
- Works for LLCs, sole proprietors, and digital entrepreneurs
- Supports 40+ currencies with real-time exchange rates
- Known for low fees and fast cross-border transfers
- Accepts non-residents from most countries without complications
Why Non-Residents Prefer These Platforms
Both Mercury and Wise make it incredibly simple to open a bank account in the USA for foreigners to run any type of business structure, including:
- Single-Member LLCs (most common for non-residents)
- Multi-Member LLCs
- C-Corporations (popular for startups)
- Online service businesses
- E-commerce and dropshipping companies
You don’t need a US address, local phone number, or in-person meeting. As long as your company is legally registered and your documents match, approval is fast and stress-free.
4. Alternative Options for Non-Residents
If traditional banks feel complicated, you can still open US bank account online through modern fintech solutions.
Fintech Banks
Platforms like Revolut, and Payoneer offer powerful alternatives for people wanting to open bank account in USA from anywhere in the world.
- They offer:
- Fast account setup: No branch visits
- Multi-currency support: Hold USD, EUR, GBP, and more
- Low fees: Much cheaper than typical banks
- Full online access: Perfect for global lifestyles
Key Points to Consider Before You Open Bank Account In USA
Safety, Legality & Compliance
All accounts follow strict US banking rules, including – KYC, AML (Anti-money laundering), Transaction monitoring
Your money is safe under licensed institutions.
Fees & Minimum Balance Requirements
Monthly Fees
Banks may charge:$5 to $25/month Unless you meet minimum criteria.
ATM Fees
Using another bank’s ATM may cost extra.
Wire Transfer Costs
International transfers can range from $10 to $50 depending on the bank.
- Maintain Minimum Balance
- Use Online Banking Tools
- Monitor Transactions Regularly
Common Questions About Opening Bank account In USA
Minimum age to open bank account in USA
The minimum age to open a bank account in the USA is 18 years old.
If someone is under 18, they can still open an account, but it must be a joint account with a parent or guardian.
Can Non Resident open bank account in USA?
Yes, non-residents can open a bank account in the USA. Platforms like Wise, Payoneer, Mercury, Relay, and Zolve allow foreigners to apply using just a passport and a US mailing address, and many don’t require an SSN or ITIN.
Which US banks provide multi-currency accounts for foreigners?
Some US banks offer multi-currency or international-friendly accounts that foreigners can open. Popular options include Citibank, which supports multiple currencies in its international accounts, and HSBC, which provides Global Money Accounts for holding and moving different currencies. These banks are commonly used by non-US residents for global banking needs.
Are there US banks that allow account setup with just a passport?
Yes. Some U.S. banks allow account setup with just a passport.
Banks like Chase, Bank of America, and Wells Fargo may let non-U.S. citizens open an account using a valid foreign passport plus basic address proof, without needing an SSN in some cases.
What are the differences between US savings and checking accounts for NRIs?
Checking accounts are for daily spending**, offering debit cards and easy transfers.
Savings accounts are for storing money**, offering interest and limited withdrawals.
Most NRIs prefer checking for transactions and savings for holding funds securely.
What are the fees and charges for US bank accounts held by non-resident ?
Non-residents may face a few common fees, such as monthly maintenance fees ($5–$25), ATM withdrawal charges, foreign transaction fees, and international wire transfer fees. Some banks also require an initial deposit ($25–$100). Fintech platforms like Wise, Mercury, and Payoneer usually have lower or zero monthly fees.
How Long Does It Take to Open a US Bank Account?
Most US bank accounts open within minutes online, while traditional banks may take 1–3 business days for verification. For non-residents using fintech platforms like Wise or Mercury, approval usually takes 24–72 hours.
which bank offer representative payee account?
Banks like Wells Fargo, Chase, and Bank of America offer representative payee accounts, where the payee manages funds on behalf of the beneficiary as required by the SSA.
Can you open a business bank account without an EIN?
No, you cannot open a business bank account without an EIN for most business types in the USA. Banks require an Employer Identification Number to verify your business identity, complete compliance checks, and meet federal regulations.
Only sole proprietors using their legal name may be allowed to open an account without an EIN, but this depends on each bank’s policy. For LLCs, partnerships, and C Corp registration in USA, an EIN is mandatory.
Can i use personal bank account for business?
Yes, you can use a personal bank account for business, but it’s not recommended. It mixes personal and business funds, causes tax issues, and reduces credibility. Most banks and accountants advise opening a separate business account for cleaner bookkeeping and legal protection.
How many bank accounts should a business have?
Most businesses should maintain 2–3 bank accounts for smooth financial management.
As a best practice, have one operating account, one tax account, and one profit or savings account. This separation improves cash flow clarity, simplifies bookkeeping, and ensures you always have funds reserved for taxes and growth. Larger businesses may also add dedicated payroll or international payment accounts.
Are bank wire transfers instant?
No, bank wire transfers are not instant.
Domestic wires usually take a few hours, while international wires may take 1–3 business days depending on the bank and country.
Are bank fees tax deductible?
es, in the US, bank fees are tax-deductible for businesses.
Charges like monthly maintenance fees, wire fees, and transaction fees can be written off as business expenses on your tax return.
Real Client Reviews on Opening Bank Account In USA
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4.9
I needed a U.S. business bank account for my startup and wasn’t sure if Mercury would approve a non-resident. They guided me through every requirement, helped prepare my documents, and the account was activated smoothly. Clear instructions and no confusion at any stage.
Arjun Malhotra, India
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As a freelancer working internationally, I chose Wise for its easy global payments. They explained the compliance steps, reviewed my details, and ensured my U.S. account setup was accurate. The onboarding went faster than expected and everything was done correctly.