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U.S. BANK ACCOUNT
Open a U.S. Bank Account from anywhere, online - without coming to the U.S.
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FAQ
We only open BUSINESS ACCOUNTS (not personal accounts).
To qualify for a U.S. business bank account you need:
1. U.S. Company with EIN
2. Foreign passport
3. A business website
Guaranteed Bank Account Service.
Successfully passing a USA bank’s due diligence process is the key to getting approved for a USA bank account.
How we do that?
1. We assign a banking expert to your business in order to review all your incorporation documents, EIN, website , social media accounts and all other required information.
2. We advise you what should be on your website - which exact information the bank wants to see there so you will be approved.
3. We help you apply for a USA bank account - we go with you Line by line over the application until it is complete.
4. We follow up with the bank to expedite your application and have it approved.
5. After the account is approved - we help you set up your account and debit card.
6. We make sure your card is sent out to your home country address.
7. We help with ongoing questions.
We have the experience to get you approved.
Opening Bank Accounts Since 2004:
TAX USA is a leading U.S. incorporation & taxation firm established in 2004. TAXUSA has helped over 200,000 founders, business owners and tax payers over the last 18 years.
With our extensive experience we provide our Non-U.S. Residents customers a productive and stress-free experience with their bank account opening process.
Which banks are available for non-us-residents?
There are 2 options:
Option {1}: Big Banks
Bank of America, Chase, Wells Fargo and more. they require the owner to identify in person and sign account documents at the bank in the USA. So if you can travel to the USA - that is a great option!
Option {2}: Remote Opening
There are only 4 banks in the USA that allow non residents to open account remotely without traveling to the USA. We work with all 4!!! Great option to open your bank account from anywhere.
Banking Experts Preparing Your Business.
Guarantee your bank account approval by using our team of banking experts.
We will prepare your business for the bank's due diligence requirements. Unlimited live sessions with our banking experts until you get approved by the bank and your account is opened!
We only work with banks in the United States with USA banking license.
We are official partners of many U.S. banks that:
• Allow U.S residents and non U.S. residents to open business accounts without travelling to the U.S., instead open accounts online and complete the entire onboarding process without visiting the bank in the U.S.
• Insured by The Federally Insured Cash Account (FICA)
• Offer complete and powerful online banking allowing the owners of the account to operate the account from anywhere in the world using online banking website and / or mobile banking app.
• Offer visa or Mastercard debit card which can be used online and / or offline in any place that accepts cards
Important notes :
1. The banks we work with are fine for annual sales of 100,000,000$ or less
If you have more than $100,000,000 in annual sales - you should open more than one account ;
You can start with ours and then later open second account yourself by traveling to the USA in person
And last thing ;
2. All the banks we work with include ACH credits and debits . This is the USA system for bank to bank domestic transfer .
Amazon / eBay
What are the features of the account?
Below you can find estimated fees for different banking items.
The actual fees may varies by bank:
• Account opening : Free
• Minimum deposit: $0
• Monthly fees: $0
• Overdraft fees: $0
• Checking account
• Savings account
• Debit Card $1,000 daily
• Incoming & Outgoing ACH : Free
• Checks: Free
• Domestic wires : $0 - $10
• Outgoing International wires: $20-$30
• Incoming International wires: Free
/ Etsy / Shopify : they all accept it and they all work with the same ACH system
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Which banks are available for non-us-residents?
You can open the account from anywhere. We offer remore bank account opening:
No. You will not need to be physically in the U.S. to open your bank account.
Our banking partners and affiliates enable to open the account - online without travelling to the U.S.
What are Restricted Countries?
Countries that do not qualify for a U.S. bank account:
If you or one of your business partners lives or significantly operates in one of the following countries, we cannot currently offer you an account.
Afghanistan
Albania
Belarus
Bosnia & Herzegovina
Botswana
Burundi
Central African Republic
Congo, Democratic Republic of the Congo
Cuba
Haiti
Iran
Iraq
Kosovo
Macao
Mali
Mozambique
Myanmar (Burma)
Nigeria
North Korea
Lebanon
Liberia
Libya
Nicaragua
Pakistan
Russia
Somalia
South Sudan
Sudan
Syria
Ukraine (specifically Kherson, Zaporizhzhia, Donetsk, Luhansk, and Crimea)
Venezuela
Western Sahara
Yemen
Zimbabwe
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How long it takes to open a U.S. business bank account?
It takes about 7-14 business days to review all of your information, prepare any additional required documents, submit the application to the bank and follow up with the bank's new account department until they approve the account.
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Which information & documents we need?
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For each owner: copy of valid passport
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URL address of your Business website with Company description, and Products / services description
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Company articles of incorporation
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EIN Letter from the IRS
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Have you ever applied or tried to apply for any U.S. business bank account in the past 3 years? f yes: which banks and what was the result?
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Website in English to show the bank your company. The bank will conduct due diligence on the company and the owners. For that we need:
a. Description of your company
b. Description of the products / services you sell
c. Descriptions of existing or Potential U.S. customers (who are they, businesses, individuals, which industry…)
d. Descriptions of existing or Potential U.S. suppliers (who are they, businesses, individuals, which industry…)
e. Description of your U.S. marketing activities
f. Links to your social media accounts: Linkedin…
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Is the account GUARANTEED?
If you order one of the packages below, Yes, we guarantee account opening:
Package no. 1: “Tax free LLC & GUARANTEED bank account: open remotely from anywhere in the world” - GUARANTEED
Package no. 2: “Already Have an LLC? Add Guaranteed U.S. bank account banking expert to your it!” - GUARANTEED
To get approved you need to follow our process. How does it work?
1. We assign a banking expert to your business in order to review all your incorporation documents, EIN, website , social media accounts and all other required information
2. We advise you what should be on your website - which exact information the back wants to see there so you will be approved
3. We help you apply for a USA bank account - we go with you Line by line over the application until it is complete
4. We follow up with the bank to expedite your application and have it approved
5. After the account is approved- we help you set up your account and debit card
6. We make sure your card is sent out to your home country address
7. We help with ongoing questions
I bought a package without GUARANTEED BANK ACCOUNT. How do I upgrade?
If you ordered the “Tax free LLC and Bank introduction: open remotely from anywhere” package and still want the GUARANTEED BANK ACCOUNT, you can add it to your package: Click to add>
If I do not want to add the GUARANTEED BANK ACCOUNT?
In our “Tax free LLC and Bank introduction: open remotely from anywhere" in the world!” package you will apply for a U.S. bank account yourself, using our interactive guide and referral, but we do not guarantee the account opening.
Why it is not recommend?
Successfully passing a USA bank’s due diligence process is the key to getting approved for a USA bank account. If you try to open the account yourself - you risk rejection because you are not familiar with the USA banking laws and don’t know what exactly the bank is looking for in order to approve your application for a new account.
That’s what we do for you.
We guarantee you will pass the due diligence process and get approved .