Fri. Mar 1st, 2024
How to Open a Bank account in the United States for Non-Residents and Non-Citizens.

Hello friends, welcome to my channel.
In this video I will discuss about How to open a bank account in the United States as a non-resident as well as a non-US citizen. This video will not target US Citizens with non residentship status. This video is for those who don't have any Social Security Number who want to have a US Bank account for travel, investment, business or any other purpose.

Even though US Banks don't require you to have a Social Security Number to open a bank account, for a common person like me and you who are non-resident aliens, it is very tough to get a full fledged physical bank account in one of the US Banks.

Watch the video to
************************************************************
USEFUL LINKS:

** BROKERS WITH BANKING SERVICES **
Charles Schwaab: https://international.schwab.com/
TD Ameritrade: https://start.tdameritrade.com/

** ITIN **
Apply for ITIN: https://www.irs.gov/individuals/how-do-i-apply-for-an-itin

** VIRTUAL CHECKING ACCOUNT **
Payoneer: https://www.payoneer.com/
Aeldra: https://www.aeldra.com/

************************************************************
TIMESTAMPS:
0:00 - Intrroduction.
0:24 - Why opening a Bank Account is harder is US?
2:13 - Option 1 : Open a Brokerage Account in US.
3:01 - Option 2 : Open a Brokerage Account in Puerto Rico.
3:23 - Option 3 : Having a good relationship with US Banks.
4:21 - Option 4 : The Best Option.
6:52 - Option 5 : Virtual Checking Account.
7:56 - Option 6 : Register an LLC.
8:30 - Conclusion.

************************************************************

**THIS VIDEO IS FOR EDUCATIONAL PURPOSE ONLY, NOT AN INVESTMENT ADVICE**

Related Post