Why U.S Bank Are Closing Non-Resident Accounts (& How To Fix It)
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- Опубліковано 26 кві 2024
- If you're a non-resident with a U.S. bank account, you must know why banks close accounts and how to fix it. Or are you just curious why U.S. banks are closing non-resident accounts? Find out why in this video. Protect your bank accounts and your money today!
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When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work - the most you will make is 5 dollars.
Great video! US banks are a moving target and your tips are 100% on target!
Thanks Man
Boss Undoubtedly keep it up all the best But according to your video, you deserve more subscribers, views, likes and comments
Do the undercover GoPro Video! :)
Thanks for the video. I would like just to clarify : Relay (or any other bank ) want a physical address in the us to open a personal bank account. But is it the same for the LLC bank account?
could you answer this please, So i have question
If i have LLC, is only requirement utility to open Bank account as nin resident (and i have LLC, but i have not opened Bank account, thats why im here), am i right
Or for me better to get physical address even i have LLC under my name?
If I get a physical address, do I still need utility bills to open a bank account?
and when many accounts get closed by banks, they will simply decide how long it will be frozen before the amount of money contained in the account gets possessed (looted) by them or their principals.
When the accounts are closed they return the money promptly in my experience
Hi James,
I need your expertise on an issue I'm facing. It seems that non-US residents, even with a valid EIN, ITIN, and physical address, are unable to open a physical bank account in the US without visiting a branch in person.
Could you advise on any alternative methods for opening a physical bank account in the US without having to visit a branch?
Thanks.
ben there even whit a ITN OR EIN number later down the line they close it append to me.
If you are not a US resident, do not open a LLC in the US. It’s impossible to have a US bank account there. I wish someone would have told me that 3 months ago. I’m considering opening a LLP in the UK.
It's not impossible we arrange this for our clients everyday! I'm sorry you had a tough time
@@JamesBakerCPAi have an llc in usa. I need a bank account in usa. I m non USA resident. Can u help me in this regard?
I received the same letter from Mercury 2 weeks ago. I am a non-resident of the USA, a citizen of Belarus, living in Armenia, and my address in Armenia is verified with Mercury. If I change my current LLC address in the USA to an address in Armenia in Mercury, will I lose my bank card with a US billing address after such a change? In other words, will the US bank card turn into an Armenian one?
What happen with you? mercury sent same latter to me also and I am worried if my money get stuck then i'll lost everything I have, Do they allow us to withdar our money to our account with ACH (wise) ? if I verfiy my home address and still have the same register agent adress as USA address is that fine? I got no official mail from them I just see notification on my bank dashboard. I have million in account can I withdraw that?
I had this problem with mercury but the funny thing is ... i tried to use the same physical adress that they was rejecting, but using a bank statment of bank of america and they accept me the adress? Is a little WTF
Who cares, as long as they accepted it ;)
@@eppsislike Yes.... seems that if you have a bank statement from Bofa or another large bank with the virtual address mercury will accept it.
Doesn't having physical addresses in usa make one taxable?
Where you perform the work is what matters
Doesn't a US address residential proof of address presented to the US bank by a non resident implicate one as an illegal US resident with a taxable effectively connected income, ECI?
Relay are asking for this address verification to all their clients or only new ones?
Going forward. So for new clients
What if My country address has P.O. in it?
Can I just leave it off
I love my canadian bank to all canadian want to open a us bank just go whit rbc or cibc and they will never close it. And please never never open a BMO IN THE US FROM CANADA AND THE US WORST BANK
Good afternoon sir, my EIN was sent to me yesterday, even though I registered with Relay bank but i use drivers license for identification but it didn't go through
If you non U.S resident, use passport.
Was the process of opening an account in Relay successful?
If you succeed, tell me what you did. I do not live in America, like you, please help me
@@suciptodev Was the process of opening an account in Relay successful?
If you succeed, tell me what you did. I do not live in America, like you, please help me
@@kirohisham6003 it didn't work out because I don't have a passport, so I have go somewhere else, if not with your passport it's very easy