How to open a US bank account from the Caribbean

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  • Опубліковано 4 лют 2025

КОМЕНТАРІ • 97

  • @iamstephenstanberry
    @iamstephenstanberry 7 місяців тому +26

    I help Jamaicans register their LLC in the US. I’ve worked in the business formation service for years so I know the best options so you don’t pay out a bunch of fees annually for your LLC. So anyone need my help can reach out to me with their questions

    • @DemetressFairman
      @DemetressFairman  7 місяців тому +3

      Great 👍🏾, I’ll pin the comment so people who need it can see

    • @hasilcreator62
      @hasilcreator62 7 місяців тому

      How

    • @hasilcreator62
      @hasilcreator62 7 місяців тому

      Apakah anda juga bisa membantu saya membuat akun di amerika? Saya dari indonesia

    • @peterunruly7727
      @peterunruly7727 7 місяців тому

      What are the best states do you recommend because I was looking at Wyoming or Rhode Island what do you think?

    • @mikematthews167
      @mikematthews167 6 місяців тому

      How much do you charge for this service?

  • @javaunsewell9213
    @javaunsewell9213 7 місяців тому +15

    Your videos just keep on getting more dynamic and engaging.... Plus... I like the idea of a US bank acccount, lol.

    • @DemetressFairman
      @DemetressFairman  7 місяців тому

      Respect 🙏🏾 just trying to make quality for you guys

  • @pandathepanda4858
    @pandathepanda4858 7 місяців тому +1

    Also, if you are in New York, you can apply for a state ID and that can be used for POA

  • @stareagle4131
    @stareagle4131 7 місяців тому +7

    I used an amazon invoice for something shipped to me at my cousin's address as proof of address.

  • @zayiezoo
    @zayiezoo 7 місяців тому +5

    Wise can still be access. U affi change smt in d settings. I have helped others with this issue

    • @DemetressFairman
      @DemetressFairman  7 місяців тому

      What’s the thing that you change ?

    • @zayiezoo
      @zayiezoo 7 місяців тому

      The country you reside in, but do not change your nationality.

    • @joshuarandall1165
      @joshuarandall1165 7 місяців тому

      It work but when requesting for the us account details on wise it's asking to check identity ​@@zayiezoo

    • @trendsettergaming9359
      @trendsettergaming9359 7 місяців тому

      @@zayiezooI can confirm this works

    • @chipem3337
      @chipem3337 7 місяців тому +1

      ​@@zayiezooexplain it properly, what should we change in the settings.

  • @thebeautiesfamily
    @thebeautiesfamily 7 місяців тому +1

    Love this ❤❤❤

  • @sharnsimmonds
    @sharnsimmonds 7 місяців тому +1

    Respect bro

  • @kaenja
    @kaenja 7 місяців тому

    Thank you for this video. This definitely helps..

  • @isha7907
    @isha7907 6 місяців тому +6

    Need a USA bank account, dont have license, passport, no family overseas not planning on traveling no time soon. I have try Wise and payoneer no luck with the both of them

  • @georgiii.e
    @georgiii.e 7 місяців тому +6

    Boi Demetress, it look like you have access to my search history bcuz I was researching this last week. So thank you so much for this information! Btw, can I use my National ID (Voters ID) instead of a Driver's license?

    • @DemetressFairman
      @DemetressFairman  7 місяців тому +1

      Yes if it’s up to date, lol glad I could help

  • @kemistrypops
    @kemistrypops 7 місяців тому

    Great tips

  • @BigBen316
    @BigBen316 7 місяців тому

    New to the channel, nice videos

  • @therealkash6682
    @therealkash6682 7 місяців тому +2

    Question is it better to buy stocks through NCB or JMMB?
    If yes why

    • @DemetressFairman
      @DemetressFairman  7 місяців тому +3

      I don’t think any is better, it’s just a preference and which ever is closer to you to set up the account. Jmmb however does have cheaper fees

    • @therealkash6682
      @therealkash6682 7 місяців тому

      @@DemetressFairman thanks

  • @user-yn4wy7iq7s
    @user-yn4wy7iq7s 2 місяці тому

    Wise charges you more than 5% for large transfers ?

  • @smiliekj
    @smiliekj 5 місяців тому

    What if a family member adds me as a joint account holder on their us accounts?

  • @juniormarshallhastings723
    @juniormarshallhastings723 7 місяців тому +1

    6:59 What is your strategy for mastering pull ups?

    • @DemetressFairman
      @DemetressFairman  7 місяців тому

      Using a chair so I can reduce my body weight on the bar until I can do 5 controlled full pulls. Then progress from there

    • @juniormarshallhastings723
      @juniormarshallhastings723 7 місяців тому

      Can you do a pull up tutorial video using the chair method for us to see?

  • @pandathepanda4858
    @pandathepanda4858 7 місяців тому

    why u couldnt post this last month when i was in the US😭

  • @kaenja
    @kaenja 7 місяців тому

    Quick question: Are you aware of any payment gateways that can be built into websites where the funds from customers will be deposited directly into a Jamaican bank account?

  • @sheensp4031
    @sheensp4031 7 місяців тому +1

    Hey, curious, in the case of Citibank, what is the minimum amount needed to open an account?

    • @DemetressFairman
      @DemetressFairman  7 місяців тому

      Not sure but based on my current chase account it took $100usd

    • @sheensp4031
      @sheensp4031 7 місяців тому

      Thank you 👍​@@DemetressFairman

  • @jevonne8160
    @jevonne8160 6 місяців тому

    The biggest mistake I made was closing my Bank of America account when I was done with work and travel

  • @cameilramouche3644
    @cameilramouche3644 7 місяців тому

    The only ID I have is my passport, so what else could I present as and ID

  • @okjr
    @okjr 7 місяців тому +1

    Wait isn't citibank in jamaica? Yes delaware low corporate taxes & no sales tax

    • @DemetressFairman
      @DemetressFairman  7 місяців тому +3

      Citibank in Jamaica is for corporations like banks, not the everyday man or business

  • @noneyuh7069
    @noneyuh7069 7 місяців тому +2

    Bank of America in New York Requires you to be a green card holder/citizen….not sure of the other banks.

    • @DemetressFairman
      @DemetressFairman  7 місяців тому +2

      Not so sure of that because I did mine and a friend also just did theirs and we aren’t citizens or green card holders

  • @sharomeblackstock9556
    @sharomeblackstock9556 6 місяців тому

    UPS sounds better the joint bill could set immigration in Jamaica on you

  • @kenabartholomew5777
    @kenabartholomew5777 7 місяців тому

    Would love to connect with you man. What's the best way to reach you?

  • @theprimecoder4981
    @theprimecoder4981 7 місяців тому +2

    This would be good for my online freelance business

  • @MrNelson231
    @MrNelson231 7 місяців тому +6

    Its easier for a Jamaican citizen to open a US bank account, than it is for that same Jamaican to open a Jamaican bank account. SMDH.

    • @DemetressFairman
      @DemetressFairman  7 місяців тому

      Only thing different is the reference I think and in some cases American banks too ask for references like place of work.

    • @MrNelson231
      @MrNelson231 6 місяців тому

      @@DemetressFairman Not really. I have multiple bank accounts across different providers and never once asked for proof of employment, or references. American banks also don't as for recent tax history, but if a returning resident needs an account, then he or she must provide tax documents from the foreign country of residence. A driver's license should be all you need to set up a bank account.

  • @xcx23cwea65
    @xcx23cwea65 7 місяців тому

    But wouldn't a US bank account make Caribbean nationals liable to the IRA Taxes and extradition if found suspected of... Just asking

    • @astonallen2628
      @astonallen2628 6 місяців тому +1

      The bank where you open the account should have you fill out a Form W-8BEN declaring your non-resident status thereby exempting you from US taxation.

  • @truelifewhitney
    @truelifewhitney 7 місяців тому

    Thank you so much 🎉

  • @conrickwatson9746
    @conrickwatson9746 7 місяців тому +1

    Maybe this was only due to covid but when i was setting up my fargo account in 2020 she legit asked me to show her my amazon delivery adress as verification.. easy easy.. in Jamaica u have to know God himself to get an account

    • @DemetressFairman
      @DemetressFairman  7 місяців тому +1

      😂 man say God himself 😂 I realized going to the US banks and just talking to a person can allow you to bypass most requirements

    • @comemekwichatlikklebit3352
      @comemekwichatlikklebit3352 7 місяців тому

      This idea nuh bad at all. So do we print/show invoice from our Amazon account where stuffs are being delivered?

    • @conrickwatson9746
      @conrickwatson9746 7 місяців тому

      @@comemekwichatlikklebit3352 they just wanted to see 2 deliveries to the address i gave them since i told them i do not live in the states.... jamaica behave like it tek more dan 4hrs fi drive from 1 end to the next.. wa me need JP ina me business fa

  • @GoldenVilleS
    @GoldenVilleS 7 місяців тому +8

    4 different transition in one video, bro editing skills a max out.

    • @DemetressFairman
      @DemetressFairman  7 місяців тому +3

      lol felt like being creative

    • @gavinbrown7974
      @gavinbrown7974 7 місяців тому

      @@DemetressFairman bro i do editing you can connect

  • @MsFortune21
    @MsFortune21 7 місяців тому +3

    Get contract cellphone for proof of address.

    • @DemetressFairman
      @DemetressFairman  7 місяців тому

      Good idea o

    • @drazzking22
      @drazzking22 6 місяців тому

      You cannot get a cellphone contract in your name, without a social. You can get prepaid, but with that you don’t need a social or even an address. You get it in any name. You could even say your name is a dog or a cat.😂😂

  • @orvilleblack3774
    @orvilleblack3774 7 місяців тому +2

    What’s the benefit of opening an US account in the USA as to opening a US account in any JA bank?

    • @DemetressFairman
      @DemetressFairman  7 місяців тому +3

      Receiving payment from US companies and also making payments, most US ja accounts only allow saving and if you spend it converts to Ja so you lose value

    • @orvilleblack3774
      @orvilleblack3774 7 місяців тому

      @@DemetressFairman ok, understood. Thanks

    • @QuadRisk-yc9ht
      @QuadRisk-yc9ht 6 місяців тому

      ​@@DemetressFairmanHow would you recieve the physical card in Jamaica

  • @Markieshorts
    @Markieshorts 7 місяців тому

    Me no have nuh visa fi travel😅

    • @MyJamaican
      @MyJamaican 7 місяців тому

      U can set up a Payoneer account. They give u a USA bank account

    • @MyJamaican
      @MyJamaican 7 місяців тому

      There is no need to travel

  • @juniormarshallhastings723
    @juniormarshallhastings723 7 місяців тому +2

    1:44 Opening a bank account in America doesn’t make any sense if are a tourist with a visa that can be decommissioned by the embassy.

    • @DemetressFairman
      @DemetressFairman  7 місяців тому +1

      A lot of things in life can be revoked but that doesn’t mean it makes no sense to get them, use them while you can

    • @juniormarshallhastings723
      @juniormarshallhastings723 7 місяців тому +1

      @@DemetressFairman Picture this.... You have $60k USD lodged into a U.S. bank account... The embassy revokes your visa to travel and to do business abroad.... How will you get back your saving or investment if it's not a joint account with a U.S. citizen or permanent resident?

    • @BlitzTrader
      @BlitzTrader 7 місяців тому

      By having a US LLC ​@@juniormarshallhastings723

    • @Rojman4D
      @Rojman4D 7 місяців тому

      @@juniormarshallhastings723if your visa gets revoked you still have your account kind sir

    • @Elliottsblog
      @Elliottsblog 7 місяців тому

      ​@juniormarshallhastings723 the bank account is yours you have wire transfer you have the card you can do withdrawals at ATM Internationallly. Just call the bank and tell them your traveling. Revoked visa doesn't affect your bank funds unless your travel to work and you owe taxes and other crazy reasons.

  • @TeaTimeWithT8
    @TeaTimeWithT8 7 місяців тому

    Love yuh fi dis! ♥️ mi did ave a wellsfargo and it close down and I went to another state to open a BOA and dem say me affi have proof of address.

  • @RDL_Jamaican
    @RDL_Jamaican 7 місяців тому

    mBridge made this obsolete

  • @smith8473
    @smith8473 7 місяців тому +1

    Are you an engineer?

    • @DemetressFairman
      @DemetressFairman  7 місяців тому

      Studied

    • @CGodfather
      @CGodfather 7 місяців тому

      @@DemetressFairman whats ur total investment in stocks trying to find the video but I can't seem to.

  • @AckemeSmith
    @AckemeSmith 4 місяці тому

    TD Bank is the worst bank

  • @Cregdidit
    @Cregdidit 7 місяців тому

    BOFA