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

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  • Опубликовано: 30 сен 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!
    How many videos of James have you watched today?
    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?
    Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on youtube?
    You can schedule a FREE discovery call with our team with the link below.
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    Would you like to learn our 3 step strategy for owning and operating a US Company? Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on youtube?
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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 - • Get A ITIN Number - W-...
    -----And don’t forget to check out all of the “CALLS WITH JIM”
    • Calls with Jim
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    Do you want to learn how to open and operate a Tax Free Company in the USA even if you live outside the US and don’t have a visa.
    Click here - www.jamesbaker...
    Already have an LLC? Did you already complete form 5472 for your company? Did you know there is a $25,000 penalty for not doing this form? I’ve made a short training that explains exactly what you need to do and why so you can get this done quickly and correctly, the first time around.
    Click here - www.jamesbaker...
    *********
    I get asked what company I recommend to help with sales taxes and every time I mention Tax Jar. Once set up, tax jar can complete all of your monthly sales tax filings automatically. If you are looking to solve this problem forever, click this link to find out more about what they can do for you. taxjar.grsm.io...
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    Lawyer Disclaimer (Occupational Hazard): This is not legal advice. Everything here is for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney for advice regarding any particular issue or problem.

Комментарии • 106

  • @tajisdope
    @tajisdope 9 месяцев назад +20

    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 9 месяцев назад +5

      That’s just option 1 lol

    • @markgarcia8096
      @markgarcia8096 9 месяцев назад +5

      Not the smartest are you?

    • @Travelify360
      @Travelify360 8 месяцев назад +1

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

    • @iftekhar77
      @iftekhar77 8 месяцев назад

      Did you listen to his sentence lol

    • @jermanmonster000
      @jermanmonster000 6 месяцев назад

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

  • @deeppurple883
    @deeppurple883 9 месяцев назад +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, 💸💸💸💸💸💸💸💸💸🏃‍♂️

  • @OsmanOsman-jl5ig
    @OsmanOsman-jl5ig Месяц назад +1

    2447

  • @Ivi_ImadNoor
    @Ivi_ImadNoor 11 месяцев назад +2

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

    • @Multiple-posts
      @Multiple-posts 3 месяца назад

      If your going to work on affiliate marketing no they will shoot down your account

  • @JamesBakerCPA
    @JamesBakerCPA  10 месяцев назад +1

    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

  • @mathiasworldwide3653
    @mathiasworldwide3653 2 месяца назад

    Im French and making money on RUclips with American Viewers would it be possible ? Like Bank of America or American Express

  • @pernilsson9749
    @pernilsson9749 4 месяца назад

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

  • @4SG
    @4SG 8 месяцев назад +1

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

    • @jorgeandresbulla1371
      @jorgeandresbulla1371 8 месяцев назад

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

    • @tubbsthebigcat
      @tubbsthebigcat 3 месяца назад

      @@jorgeandresbulla1371I tried with chase in person and they also told me I need to be a resident.

  • @RachedRomdhane-p3l
    @RachedRomdhane-p3l 11 месяцев назад +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 6 месяцев назад

      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 6 месяцев назад

      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.

  • @d.bsubba8338
    @d.bsubba8338 5 месяцев назад

    Runish

  • @PositiveVibes360
    @PositiveVibes360 Месяц назад

    i'm in south asia and already have an account in bank of amrica. how may i send my local money there in dollars

  • @danieltulu9631
    @danieltulu9631 Месяц назад

    Is it allowed for Ethiopians?

  • @robryan751
    @robryan751 7 месяцев назад

    The most ignorant video I have seen to date.

  • @syedtayyabrizvi9539
    @syedtayyabrizvi9539 3 месяца назад

    Hello James,
    I am living in Oman and a non resident in USA. I work on Amazon FBA and i need to register a US bank account. Can you please let me know how much does it cost to open a bank account or is there a fee or tax or any certain amount that should be in account ?
    i have some relatives in USA can they open a bank account on there name. Can you please help with this.

    • @JamesBakerCPA
      @JamesBakerCPA  3 месяца назад

      We can help sure support@jamesbakercpa.com

  • @thebrandz108
    @thebrandz108 8 месяцев назад

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

  • @許傑雅-p9j
    @許傑雅-p9j 8 месяцев назад

    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  7 месяцев назад

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

  • @ahmad_abedalkarem
    @ahmad_abedalkarem Месяц назад

    اريد خدمة فتح حساب بنكي

  • @viajantesemfronteiras1
    @viajantesemfronteiras1 7 месяцев назад

    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  7 месяцев назад

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

  • @KamaldeenAbdulfatai-pt4bf
    @KamaldeenAbdulfatai-pt4bf 2 месяца назад

    Thank you sir for your update

  • @teresitaalascagua2899
    @teresitaalascagua2899 2 месяца назад

    to help a foreign person in Egypt open an Estate bank account. Can it be opened online or how can he open one?

  • @Franzerfh
    @Franzerfh 5 месяцев назад

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

    • @JamesBakerCPA
      @JamesBakerCPA  5 месяцев назад

      Check my latest video. You gotta get one onlinr

  • @ATTIQOP
    @ATTIQOP 6 месяцев назад

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

    • @skadventures1906
      @skadventures1906 6 месяцев назад

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

    • @ATTIQOP
      @ATTIQOP 6 месяцев назад

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

  • @berlinbernie
    @berlinbernie 4 месяца назад

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

    • @JamesBakerCPA
      @JamesBakerCPA  4 месяца назад

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

    • @QuantumDoze
      @QuantumDoze 4 месяца назад

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

  • @trist1ful
    @trist1ful 7 месяцев назад +2

    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

  • @c.jram-fran5724
    @c.jram-fran5724 8 месяцев назад

    Can this work for the Caribbean

    • @JamesBakerCPA
      @JamesBakerCPA  8 месяцев назад

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

  • @bewrightlifestyle4u449
    @bewrightlifestyle4u449 Год назад +1

    How can i contact you for help

    • @JamesBakerCPA
      @JamesBakerCPA  Год назад

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

  • @Nur.ali1792
    @Nur.ali1792 7 месяцев назад

    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  7 месяцев назад

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

  • @JamesBakerCPA
    @JamesBakerCPA  Год назад +2

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

  • @lorenamaggio5214
    @lorenamaggio5214 9 месяцев назад +1

    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?

  • @saqibmughal9213
    @saqibmughal9213 Год назад

    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  Год назад

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

    • @saqibmughal9213
      @saqibmughal9213 11 месяцев назад

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

    • @MAli-lt3ch
      @MAli-lt3ch 5 месяцев назад

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

    • @MuhammadTayyab-ic1bd
      @MuhammadTayyab-ic1bd 4 месяца назад

      Apply with itin for physical bank account its too much easy

    • @MAli-lt3ch
      @MAli-lt3ch 4 месяца назад

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

  • @donnynavil7301
    @donnynavil7301 8 месяцев назад +1

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

  • @LyubaByshovets
    @LyubaByshovets Год назад +1

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

    • @JamesBakerCPA
      @JamesBakerCPA  Год назад

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

    • @LyubaByshovets
      @LyubaByshovets Год назад

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

    • @LyubaByshovets
      @LyubaByshovets Год назад

      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

  • @themelicworld
    @themelicworld 5 месяцев назад

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

  • @dontysk
    @dontysk 7 месяцев назад

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

  • @sidzhottake
    @sidzhottake 7 месяцев назад

    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.

  • @thevictor6209
    @thevictor6209 4 месяца назад

    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!

  • @richa4524
    @richa4524 8 месяцев назад

    can f2 dependent holder open bank account?

  • @vnsminerlimited1585
    @vnsminerlimited1585 11 месяцев назад

    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.

  • @thebrandz108
    @thebrandz108 8 месяцев назад

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

  • @eliasforestier7630
    @eliasforestier7630 6 месяцев назад

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

  • @irshadulhaq2385
    @irshadulhaq2385 11 месяцев назад

    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?

  • @saleemmasih359
    @saleemmasih359 4 месяца назад

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

  • @andrescv2665
    @andrescv2665 Год назад

    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?

  • @BlissfulBeatsforyou
    @BlissfulBeatsforyou 5 месяцев назад

    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

    • @BusinessGirl-o9m
      @BusinessGirl-o9m День назад

      Hi I can sell you an Etsy shop with about 50 reviews, it's connected to Paypal no bank, it was opened in 2020 before they started requiring banks only

  • @mikehome9548
    @mikehome9548 6 месяцев назад +1

    Very helpful, thank you James

  • @QuantumDoze
    @QuantumDoze 4 месяца назад

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

  • @rich2376
    @rich2376 9 месяцев назад

    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 8 месяцев назад

      Wise + a Canadian bank account.

  • @AfroConnect
    @AfroConnect Год назад

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

    • @justa1guy5
      @justa1guy5 6 месяцев назад +1

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

  • @lordalmightyjr
    @lordalmightyjr Год назад

    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  Год назад +1

      Hey, I recommend you watch this video here. Its about getting an EIN quick, easy and FREE! ruclips.net/video/PQoEnCHvVTo/видео.html

  • @mooddivlog
    @mooddivlog 3 месяца назад

    Is there any option to register an LLC account for a Pakistani? Or having a manager is the only option?

  • @christianmontenegroaraya1888
    @christianmontenegroaraya1888 Год назад +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 Год назад

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

  • @muhammadkamranraja6494
    @muhammadkamranraja6494 4 месяца назад

    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?

  • @ramamoorthysarangapani7258
    @ramamoorthysarangapani7258 3 месяца назад

    Student is coming to US for study.can he open an account in Bank of America at US from India. What are the document necessary. Pl advise

  • @laboraoriox9981
    @laboraoriox9981 3 месяца назад

    I live in Brazil, but I want to open an account at a bank in the United States so I can protect my assets from inflation here in Brazil, but I don't know which bank to open an account with, I thought about digital banks. Currently I store it in stable coins, more specifically in USDT, but I have to rely on the fact that they actually have the reserves and I don't trust them. So I wanted a bank and I have Wize but there is no remuneration there, my idea is to save, because I don't know many investments in fixed income so I only invest in Nasdaque there.

  • @ScottJLetourneau
    @ScottJLetourneau Год назад +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.

  • @liliia6859
    @liliia6859 6 месяцев назад

    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...

  • @kofyy3456
    @kofyy3456 Год назад +1

    Can it be done under 18 y/o ?

  • @ericandfriends7564
    @ericandfriends7564 3 месяца назад

    Very useful, thank you

  • @bestofsvg1027
    @bestofsvg1027 6 месяцев назад

    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

  • @AhmedYehias
    @AhmedYehias Год назад +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  Год назад

      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

  • @muhammadsalman5599
    @muhammadsalman5599 Год назад

    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 Год назад +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.

  • @youssef-dellal7845
    @youssef-dellal7845 Год назад

    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 Год назад

    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 Год назад

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