How To Open A US Bank Account For Non-Residents (Updated 2024)

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  • Опубліковано 12 чер 2024
  • Relayfi is currently my number-one choice for a U.S. bank account!
    If you want to join them, you can increase the likelihood of being accepted and get priority support through my partnership link - bit.ly/3uwbB1W
    In this video, I'm going to show you how to open a US bank account for non-residents. This is an updated guide for those of you who are living overseas but want to open a US bank account.
    If you're looking to start a business or move to the US, then opening a US bank account is a vital step. This video will show you how to do it hassle-free, and in under 5 minutes! After watching this video, you'll be ready to open a US bank account!
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    Do you want to skip the line and get the answers to your questions right away?
    Do you want to learn exactly how you can have a Tax Free US Company and bank account without traveling to the US?
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    Check out James’ top recommended videos here - these are cornerstone videos that should answer many of your questions.
    -----Longer videos that explain it all!
    How to Legally Pay NO US Taxes - • IRS Secrets: How to LE...
    How to Legally Pay NO US Taxes (part 2) - • Are you a Non Resident...
    -----Guides and How tos
    Annual reporting for a foreign owned multi member LLC (Masterguide) - • Tax Laws for Foreign-O...
    What is Form W-BEN and why do I need it • How to Fill Out W-8BEN...
    Which payments from US Companies are subject to withholding? • Which US Payments are ...
    How to complete Form W-8BEN - • 🧾🔍 HOW TO complete Fo...
    How to complete Form W-8BEN-E - • How to Complete Form W...
    How to get an ITIN - • Getting an ITIN Number...
    -----And don’t forget to check out all of the “CALLS WITH JIM”
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КОМЕНТАРІ • 88

  • @mikehome9548
    @mikehome9548 2 місяці тому +1

    Very helpful, thank you James

  • @JamesBakerCPA
    @JamesBakerCPA  6 місяців тому

    Relayfi is currently my number-one choice for a U.S. bank account!
    If you want to join them, you can increase the likelihood of being accepted and get priority support through my partnership link - bit.ly/3uwbB1W

  • @ScottJLetourneau
    @ScottJLetourneau 9 місяців тому +2

    Good info! We find that bank rules change constantly, and most significant banks want to do an office site inspection for a U.S. company, but this does not mean you may find a branch manager who will set it up without that step, and perhaps not even an ITIN. Just don't assume if you fly to the U.S. to a bank, they will open the account for your LLC when you are there in person. They might open a personal account. Some banks want a utility bill for both the business address and personal signer from a U.S. source. Pro tip: If you have a contact, make sure that person is there when you fly to the U.S. It differs from the one person who can help you be on vacation and no one else in that branch can help you. Especially if you found someone with an expectation to the normal process.

  • @irshadulhaq2385
    @irshadulhaq2385 7 місяців тому

    Hi James, thank you for this wonderful demo. How likely is this for someone who provide freelance solutions of this nature and is there any limit on opening bank accounts as option II?

  • @liliia6859
    @liliia6859 3 місяці тому

    Hi. Thank you for the information.
    Which bank would you recommend for a none citizen who opened llc and there is no option to come to open account in physical bnk? Mercury is ony which people don't recommend. Now I don't know what to choose...

  • @thevictor6209
    @thevictor6209 29 днів тому

    Great video! Can you explain briefly how to open a US bank with manager, like how to assign a person as a manager, thank you James!

  • @bestofsvg1027
    @bestofsvg1027 2 місяці тому

    After the second option of forming the llc which bank or option do you suggest opening with…I’m from a Caribbean and have issue with Shopify cause I’m not from America they fire can’t receive payments so I was thinking of applying to get a llc and Ein by extension
    Your advice would be greatly appreciated

  • @BlissfulBeatsforyou
    @BlissfulBeatsforyou Місяць тому

    Hi James I need to open an USA account for my Etsy shop I invested a lot of time and money in this project then i discovered that my country is not eligable. So I decided to open an american bank account so what bank do you recommend ? and thank you for the informative video

  • @themelicworld
    @themelicworld 2 місяці тому

    kindly let me know is there any bank account we open with ein? except wise, paypal or payoneer?

  • @eliasforestier7630
    @eliasforestier7630 2 місяці тому

    Where can we contact with you for further information about creation of online bank acount? Thanks😁

  • @donnynavil7301
    @donnynavil7301 4 місяці тому +1

    Hi i understanding that i need to file my tax return for my new llc can you help

  • @saleemmasih359
    @saleemmasih359 26 днів тому

    is there any way we can have merchant acount in USA from pakistan?

  • @lorenamaggio5214
    @lorenamaggio5214 5 місяців тому

    Hi and thanks for the info...BUT... not completelly correct. I havent been able to open a US bank account remotely yet. I´m a US citizen with dual citizenship (argentina) AND leaving in Brazil... when i get into the regular... larger banks... i´m required to have a US ID or DL... i havent lived in US for a while now... what are other options for an individual without going to US physically?

  • @muhammadkamranraja6494
    @muhammadkamranraja6494 16 днів тому

    He'll James,
    I have an LLC as a non resident, EIN and also ITIN as well. I also have a wise bank account as well but I need a bank account which is backed by Zelle. can you please help fo for
    for this?

  • @AfroConnect
    @AfroConnect 8 місяців тому

    Thank you James, can't you open an individual bank account online in the US from overseas?

    • @justa1guy5
      @justa1guy5 3 місяці тому

      You can!! Just use your I'd which you have in your home country and phone number in wise you get individual account (personal)

  • @trist1ful
    @trist1ful 4 місяці тому

    Hi, so I’ve tried 1 and I was told I couldn’t open it. They wanted proof of address, a US address that is with your name to the address

  • @QuantumDoze
    @QuantumDoze 15 днів тому

    @JamesBakerCPA Sir how can I receive Payments by Check. I'm a non-Us citizen

  • @thebrandz108
    @thebrandz108 5 місяців тому

    I try your link it doesn't work for my country

  • @Ivi_ImadNoor
    @Ivi_ImadNoor 8 місяців тому +1

    Hi can my father open a account on my behalf if goes to USA for my business account

  • @sidzhottake
    @sidzhottake 3 місяці тому

    Hi James - I'm Canadian and I'm living and working in South Korea. I'm a member of Amazon Affiliates program and want to make an personal American bank account online and then link that American account to my Korea account. Appreciate any input.

  • @dontysk
    @dontysk 4 місяці тому

    I opened a bussines account in Wise, but Wise don't give a my a card, so weird...

  • @rich2376
    @rich2376 6 місяців тому

    Hello, have you made a video on how US residents receiving cheques in Canadian dollars can deposit them without getting dinged for bank commission? For example, if the spot rate is .74 (Cdn to US$) Bank of America will add a commission of 3% therefore you receive credit at .71. Also, they will put a hold on the funds for 4 to 6 weeks. Looking for some alternatives. Thank you.

    • @4SG
      @4SG 5 місяців тому

      Wise + a Canadian bank account.

  • @richa4524
    @richa4524 4 місяці тому

    can f2 dependent holder open bank account?

  • @Nur.ali1792
    @Nur.ali1792 4 місяці тому

    hi
    what bank do you suggest for Canadians who lives 3 hours away to open, i need checking account plus a line of credit in future

    • @JamesBakerCPA
      @JamesBakerCPA  4 місяці тому

      Hi! Follow the link in bio or find me at www.jamesbakercpa.com/ for a free consultation! 😁

  • @viajantesemfronteiras1
    @viajantesemfronteiras1 4 місяці тому

    Good Infos! I am brazilian and I have an ITIN, which US neo/digital banks do you recommend to open an account online?

    • @JamesBakerCPA
      @JamesBakerCPA  4 місяці тому

      Hi! Follow the link in bio or find me at www.jamesbakercpa.com/ for a free consultation! 😁

  • @user-pq4wv3kj3n
    @user-pq4wv3kj3n 8 місяців тому +1

    Thank you James. Do you provide consultation for non US-residents regarding taxes related to estate planning?

    • @JamesBakerCPA
      @JamesBakerCPA  8 місяців тому

      Hey! Yep, this is what we specialize in. Please book a call with me - www.jamesbakercpa.com

    • @user-pq4wv3kj3n
      @user-pq4wv3kj3n 8 місяців тому

      Perfect! I was looking for someone like you for several years. The call is booked. @@JamesBakerCPA

    • @user-pq4wv3kj3n
      @user-pq4wv3kj3n 8 місяців тому

      I arranged appointment last week for the this Tuesday and 1 hour before the meeting Daniel Nava canceled the meeting offered me to meet next day in the evening< I responded and never hear back from him... very unprofessional.... do you have anyone else who is more responsible?@@JamesBakerCPA

  • @user-zs3sw1cn1c
    @user-zs3sw1cn1c 7 місяців тому +1

    Hello Mr. James,
    i loved your videos and on behalf of everybody thank you for all of your hard work to give us all of these information's.
    Mr. James i had an issue recently if you can assist me with, i Recently came to US to visit and same time to settle my business LLC and bank account unfortunately 3 banks (Chase, bank of america and wells) told me that in order to open a business bank account with your LLC you need to have a proof of local address in the united state that have your name on it, Unfortunately i do not have that because i am a foreigner non Resident in US.
    could you please assist me on how to solve this issue ?
    thank you for your time and answer

    • @KTurner-ny3or
      @KTurner-ny3or 2 місяці тому

      Careful of monitoring Italy win-ham radio jokes on housing travel mailboxes in timeshares. The video maybe inked I saw several video in travel job errors on managers.

    • @KTurner-ny3or
      @KTurner-ny3or 2 місяці тому

      Several songs .mAkers limited times calendar tickets. I need toastmasters help in joke of miles Lilly smile n buy new car like Seinfeld TV jokes n travel male boxes n kearney blarney Stine math exchange tourism free zone insurance n banking web page how find the outdoor rental movie screen or limited weather or mamock of blanket n rope n bottle or stick the signed wine bottle n ships n craft secrets is not to tell like TV honeymooners on motherinlaws rental claims as lodgers like the plus one wife of Oz n darkness makeover beauty school. The not euro kilo killings if f- kings n radio kings mystery on queen of Greek changed Ken n barbie ssn whether movies n healthfood mystery it's not a horse food 20 days tummy n flower tea bags n grains.

  • @thebrandz108
    @thebrandz108 5 місяців тому

    Relay bank don't work in Jamaica i need a bank that does

  • @andrescv2665
    @andrescv2665 9 місяців тому

    is it possible to open a llc for other purposes more than a business ? For americans is legal to open llcs to buy a house or to keep discretion of your assets. For a foreign is it legal?

  • @user-og3si6qd3m
    @user-og3si6qd3m 4 місяці тому

    hi James, i have some personal questions, hope you can give me some advices.
    I was born in the United States, but I have been living in an Asian country with my parents since childhood. I don't have a U.S. address. Currently, I am pursuing my graduate studies. I plan to work in the U.S. during the winter and summer breaks, but I'm concerned about not having a U.S. bank account for my employer to deposit my earnings.
    Therefore, I would like to inquire about how someone like me, with U.S. citizenship but no U.S. address, can apply for a bank account. Any guidance would be appreciated.

    • @JamesBakerCPA
      @JamesBakerCPA  4 місяці тому

      Hi! Follow the link in bio or find me at www.jamesbakercpa.com/ ! 😁

  • @Franzerfh
    @Franzerfh Місяць тому

    How can i get a utility bill verification if i dont actually live in the US?

    • @JamesBakerCPA
      @JamesBakerCPA  Місяць тому

      Check my latest video. You gotta get one onlinr

  • @c.jram-fran5724
    @c.jram-fran5724 4 місяці тому

    Can this work for the Caribbean

    • @JamesBakerCPA
      @JamesBakerCPA  4 місяці тому

      Hi! Follow the link in bio or find me at www.jamesbakercpa.com/ for a free consultation! 😁

  • @vnsminerlimited1585
    @vnsminerlimited1585 7 місяців тому

    I want to open a bank account in US Bank so that it can be used for ZELLE. Do you help us for this? And how and when should the fee be paid to you? And what documents do you need me to give you? I have an American company. i hope hearing from you as soon as possible.

  • @saqibmughal9213
    @saqibmughal9213 8 місяців тому

    Well I am from Pakistan I have the LLC and ITIN number. Can I use 3rd option with you? Then how much you will charge for it ?

    • @JamesBakerCPA
      @JamesBakerCPA  8 місяців тому

      Hey, if you would like, you can book a call and we'll discuss the best options for you - jamesbakercpa.com/schedule

    • @saqibmughal9213
      @saqibmughal9213 8 місяців тому

      Can we have chit chat ? My English isn't that fluent to discuss this matter on call.

    • @MAli-lt3ch
      @MAli-lt3ch Місяць тому

      Can you help me get an ITIN number as a Pakistani citizen

    • @MuhammadTayyab-ic1bd
      @MuhammadTayyab-ic1bd Місяць тому

      Apply with itin for physical bank account its too much easy

    • @MAli-lt3ch
      @MAli-lt3ch Місяць тому

      @@MuhammadTayyab-ic1bd Can you give a specific bank name ?

  • @4SG
    @4SG 5 місяців тому

    I went to the USA and tried to open an account with BoA and they said I have to be a resident.

    • @jorgeandresbulla1371
      @jorgeandresbulla1371 5 місяців тому

      Try with Chase, TD or Capital One. They're foreign friendly.

  • @lordalmightyjr
    @lordalmightyjr 8 місяців тому

    How are non us residents getting ein? Don’t you need a ssn to get one. If you don’t have a responsible party in the us is this possible?

    • @JamesBakerCPA
      @JamesBakerCPA  8 місяців тому +1

      Hey, I recommend you watch this video here. Its about getting an EIN quick, easy and FREE! ua-cam.com/video/PQoEnCHvVTo/v-deo.html

  • @JamesBakerCPA
    @JamesBakerCPA  8 місяців тому +2

    Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on UA-cam?
    Get A Free one-on-one 30-minute strategic Consultation - www.jamesbakercpa.com/schedule

  • @christianmontenegroaraya1888
    @christianmontenegroaraya1888 9 місяців тому +4

    I was in Florida in May and wanted to open a bank account in Capital One, but they asked me for the Itin :(
    Then I went to BoA and all went ok (they dont asked me for the Itin)

    • @Pritha879
      @Pritha879 8 місяців тому

      What documents were needed? And also did you book an appointment?

  • @AhmedYehias
    @AhmedYehias 9 місяців тому +1

    So if I have a USA LLC with an EIN and a Mercury Bank account running for a year and just got my ITIN, will it be easy for me to get an account open with Chase or BOA? I'll be visiting the US soon. I am just worried about the USA proof of address which I don't have in the USA. I can definitely provide them with a proof of address in my home country.

    • @JamesBakerCPA
      @JamesBakerCPA  8 місяців тому

      Yep, this could be a problem. we might be able to help you. feel free to book in a free call with me - jamesbakercpa.com/schedule

  • @deeppurple883
    @deeppurple883 6 місяців тому +1

    Tell you what I see. Stress stress stressed out. Even with a manager on all three levels still not worth a heart attack. Money, for all the good it does, there's a cost. One thing is true, on it's own money does not make one happy. That's an inside job money cat buy. Once contented now hungry for more, 💸💸💸💸💸💸💸💸💸🏃‍♂️

  • @muhammadsalman5599
    @muhammadsalman5599 9 місяців тому

    Appreciated
    I have a question I'm non USA residential single member LLC owner, from Pakistan
    I have my EIN number, how can I create physical bank account in USA?
    Can you please mention those Banks who allow us to create physical bank account?

    • @melhoresprodutos8899
      @melhoresprodutos8899 9 місяців тому +2

      You can, but the better i thing is the have the LLC Partnership ( 2 or more owners - Example: YOU 99% and Other person 1%) and inside in Your Operate Agreement the Manager Manager and put the other person( american resident ) in how the Manager and THIS Person is in the Bank and open the Bank Account for your Business. After this do you can "desmiss" this"Manager" and the your bank account make under your control. Before do you ask "where I´ll meet this Person for make this service" Well, can to be the Your Lawyer or the Friend in the U.S.. I hope it help you.

  • @pernilsson9749
    @pernilsson9749 29 днів тому

    ... "you need to have a manager..."
    Seams alike asian "solutions"?

  • @ATTIQOP
    @ATTIQOP 3 місяці тому

    yeah bro as a Pakistani I agree that I can't and am screwed I can't make Paypal too💀

    • @skadventures1906
      @skadventures1906 3 місяці тому

      Use stripe or other service providers. PayPal is not end of the world

    • @ATTIQOP
      @ATTIQOP 3 місяці тому

      @@skadventures1906 i will have to form llc actually because stripe is not available and i will do business in us

  • @user-ih5cg5nx5h
    @user-ih5cg5nx5h Місяць тому

    why do I have to go to USA if I'm a American 😖😫

    • @JamesBakerCPA
      @JamesBakerCPA  Місяць тому

      Lol you probably don't have to it is easier to apply as American

    • @QuantumDoze
      @QuantumDoze 15 днів тому

      ​@@JamesBakerCPASir how can I receive Payments by Check. I'm a non-Us citizen

  • @kofyy3456
    @kofyy3456 9 місяців тому +1

    Can it be done under 18 y/o ?

  • @tajisdope
    @tajisdope 6 місяців тому +13

    Why did you say “well not everyone outside of US can just go to the bank” and then your first option is “go to the bank” smh lol

    • @jimbaker
      @jimbaker 6 місяців тому +5

      That’s just option 1 lol

    • @markgarcia8096
      @markgarcia8096 6 місяців тому +5

      Not the smartest are you?

    • @Travelify360
      @Travelify360 5 місяців тому

      He also said that you can go on a visit visa and go to the bank

    • @iftekhar77
      @iftekhar77 4 місяці тому

      Did you listen to his sentence lol

    • @jermanmonster000
      @jermanmonster000 3 місяці тому

      I don't think you understood what he meant... 😬

  • @youssef-dellal7845
    @youssef-dellal7845 9 місяців тому

    I have a question I'm non USA residential single member LLC owner, from Morocoo and i living in south korea
    I have my EIN number, i tried many times for open an account with mercury bank , unfortunately every time my my request not approve what should i do please ??

  • @amritss47
    @amritss47 9 місяців тому

    I would like to ask you if an foreign owned LLC can open a brokerage account to trade stocks.

    • @p.c.h.6721
      @p.c.h.6721 9 місяців тому

      Yes you can, Charles Schwab, Interactive Brokers, and other brokers will let you open an account with an LLC

  • @d.bsubba8338
    @d.bsubba8338 Місяць тому

    Runish

  • @robryan751
    @robryan751 3 місяці тому

    The most ignorant video I have seen to date.

  • @bewrightlifestyle4u449
    @bewrightlifestyle4u449 8 місяців тому +1

    How can i contact you for help

    • @JamesBakerCPA
      @JamesBakerCPA  8 місяців тому

      If you want, you can book in a call with me here - www.jamesbakercpa.com