Mistakes Non-Residents Make Opening A US Bank Account
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- Опубліковано 5 кві 2024
- In this video, learn about the common mistakes non-residents make when opening a US bank account. Avoid these pitfalls to successfully navigate the process!
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Great video as always James, good to hear from you!!
When it comes to address it depends on the bank. Wells Fargo & BOA opened mines based on word of mouth but a relative of mines Got a letter from USPS change of address online for less than $2, it was mailed to where he was staying (Air BNB) a few days after, he then took the letter & opened a bank account & that's where the bank sent the cards for him. For this to work you have to be in the US for atleast 2 weeks. I also have an international bank account from Ocean Bank in Miami but the opening deposit is high
very intresting, could you pleasee go deeper explaining details, it was just any letter? a letter from where, how that person new about that letter to change the address of it
yes, they don't accept mobile bill, just energy or others services
Well all the banks are different. Chase still wants a mobile bill. But bank of america and others don't
How do I get business card or credit card as non US resident?
I think that's what I talk about in the video. Need proof of address and to go and apply
@@JamesBakerCPA Amex denied business card application saying not having credit history
@@lofi_lake You could checkout another video where he discusses how to get credit card as a non us resident. It's on his channel.
@@lofi_lake You could checkout another video where he discusses how to get credit card as a non us resident. It's on his channel.
Hey James, have you confirmed if vonage works?
Does.for some people at some banks
Is there any new news on BOI
Not that I've seen
At 2:44 you show a text about proof of address that says "it must show your name & address of your residence" but you also say that we can use our friend's property. How is that going to work? Because my friend's name will be on the utility bill not mine.
Need to order another utility in your name
@@JamesBakerCPA except Truelease, is there any other entity offering this? Because Truelease is expensive and this proof of address is required almost everywhere now.
I have LLC register in New York as non us
But I am not having in fact not allowed to open Business account.
Hi
Have you managed to get the bank account?
@@wasimshahzad2720 I also trying to register my LLC
But I don’t know how it works for non residents , how to open banks
@@Siri786-9 it is only possible once you form your LLC & get your EIN. That's what I know.
I Live in Brazil and I want to open an US account to sell bitcoins and use dollars all in world by credit or debit card. Which bank do you recommend?
One of the online Puerto Rican banks in the bank ranking video I talk about one I put that video out last week
And what happens if you have a problem with that bank, you have to return to US, because those banks only want to deal with you in person. Then, you fix a thing, but create more problems in the future.
Well that's why I say always have many options. Most of my clients don't have to come back to fix problems but sometimes accounts do get closed
@@JamesBakerCPA and in that case the banks give an option the take out the money in there without going back to the us
@@enkitechtiendaonline2034 No when they close the account they send a check to your residential address by mail to collect it, therefore do not open a US bank account without having a real residential address and other active US bank account to deposit the check they have sent to you, I had this experience when I opened my bank account with Chase and then they closed it because we failed to provide my spouse state ID card due to delay on mail.
i used a vartual usa phone number and vartual address in creating usa wise account but my wise account was bended back 😥
so what is the way for that
Pls sir
Show me the reason
If I ask for my friend's bill, it will not have my name in it?
It will not! You need to get your own
@@JamesBakerCPA ok, so I didn't understand what should I ask to my friend in US? 🤔