How to Open a US Bank Account as a Non-Resident Without SSN (2024)
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Timestamps:
How to choose - 00:00
Offshore US banks - 02:20
Low fee transfers - 05:09
Business banks - 06:52
Personal account ONLINE - 09:57
Top 5 US banks - 13:06
Credit cards - 17:04
Пікірлер: 285
BTW Ocean Bank (www.oceanbank.com) confirmed they open accounts remotely for international clients. As they're FDIC insured (largest independent bank in Florida) this could be a great option. Hope this was useful!
@Theprodator
Ай бұрын
You should put a link to the Ocean Bank, I just googled and the first result is a scam.
@EasyDeutsch
Ай бұрын
Remotely means if you call? Because Online on their website they don´t do it!
@gmailuser699
Ай бұрын
Wrong information. This is the error i get: In order to qualify to open an online account you must: Be a U.S. citizen or resident and reside in the U.S. Have a valid SSN Be 18 years or older and Have a valid U.S. ID
@RichWayGlobal
Ай бұрын
with the charlse schwab brokerage, how do i get the one i can open remotely?
@humphreydickson9391
26 күн бұрын
You mean ocean bank can open saving account for international customers? and is it the same amount 25k or less?
One of the best advices I ever encountered in KZread. Great job pal. Keep it up
Why am I just finding you Myles? This is completely of great gain. Thank you so much 😍
Thank you so much. I really needed this information because I live and work in china for almost 8 years now and I am from Morocco. Opening a bank account in USD would solve a lot of problems for me and save me a lot of hassle!
This is grate i was looking for my grand nephew in Grenada WEST INDIES / the Caribbean who wants to open a Bank Account in the u s a you are a breath of fresh air you are a God sent person many people lives will be improved because of you.Thank you Thank you and let me say i hit the like shared and Subscribed, once again thank .
Thank u for the info you provided. Extremely helpful!!
Brilliant. Was just looking how to do that and your video popped up. Keep up the good work!
@JohnAung.ATSN2312
Ай бұрын
I also wanted to know that.
I love your video man i also know allot but the way you summerized was owesome
Great and valuable information, Myles!
Thanks, super helpful. Mercury did just recently opened a Personal account offer but the fee is quite high!
This info was extremely useful. Thanks a lot!
Great Video Myles! Thanks for putting out all for free for the banks, credit card, ITIN you explained all!
Your info is very useful! Thank you so much
Very helpfull, was really looking for this. Thanks
Myles, outstanding research, thank you for that!
Thank you so much for the extremely valuable information you provided!
Myles, always a pleasure to see you and your great, detailed, structured content. Exceptional work like you have always got us used to. I still remember when I discovered your channel back around 2018. I didn’t miss one video since then. Thank you for the valuable knowledge you share with us. Best wishes
@MylesDunphy
Ай бұрын
Wow - thanks! Appreciate you sticking around all this time :)
This information is wonderful Myles, instantly subs to you. big thanks and love from Indonesia!
Hahah loved the ending of the ending of the video that Illinois jersey fire! Your content is gem, I need ITIN, thanks for sharing the company who does it.
Very clear and concise information. Thank you.
Great video man. Thanks
This is very informative. Thank you for sharing this.
Really great info, Super helpful. Thanks!
Thank you for the information. Really appreciate it.
Finally, a detailed and well balanced explanation for potential foreign investors, who want stable future planning options. Will pass this video onwards....
Thanks for this! So informative and helpful
Formidable, very good and detailed video. Thank you
Thx Myles! Would also appretiate a video on Swiss bank accounts for foreigners
Thanks for a well researched content. Appreciate the effort.
You haven't come across many recent updates about Mercury bank. However, the new requirements concerning proof of residential address and the need for non-US residents to sign a W9 form seem to suggest that operating a single-person LLC might no longer be feasible. These changes potentially pose challenges for non-US residents seeking to use Mercury bank's services.
Thanks for the information
Thank you! Great value here!
Thanks for sharing this information.
Super informative. Great research 👍
Greatly explained Myles, thank you! Many new US bank options, would love to hear from anyone who try the Dominican ones! For the physical ones in the Mainland, in order to get less rejection especially if it's personal, having ITIN for a non-resident is essential I believe.
Super helpful video. Thanks!
Thank you for this 👏
Excellent work. Liked and subscribed.
great information bro Thanks alot from all over the WORLD❤❤
Amazing! Thank you!
Awesome vid💯
Thanks a lot, i want to try the Dominican banks but looks bit catchy, i think the safest is just visiting the US and applying personally, as I heard SSN and ITIN is a must even opening the bank itself not just the credit card
THANK YOU SO MUCH!!
Great Video !!! And I honestly not make comments but this one deserves it Great Job
thats good information .. thanks
🤯🤯🤯 Craaaazy bro how much value and structure you bring in this video! Thank you so much. 👊😎
@supra4style
15 күн бұрын
@@MikelNeigh Nah, I'm fine, thx. But nice try
Congratulations on the excellent video.
Great Video. We have helped many entrepreneurs with ITIN to support their US businesses.
Appreciate this video. Been looking for this over a year. Earn my sub.
Awsome bro thx a lot informative video ❤
Legend ! Thanks
Thanks man 🙏
Brilliant breakdown
thanks man!
Thank you so much 🔥🔥🔥
Thx dude!
Great tips!!!!
Good info
Thanks man
Great video! US Credit card has been a real stumbling block for me. Thanks
@MylesDunphy
Ай бұрын
Glad it was helpful Leroy 🤝
great information and transparency thanks. any websites recommendations for opening LLC?
Great video
Very useful
great info!! and thank you for sharing the document. In Latinamerica is also famous Facebank from PR, similar to the others. Another option can be HSBC, if you have a Premier account in your local country, yo can request a similar account in HSBC USA for free and online.
@MylesDunphy
13 күн бұрын
Great tip about HSBC.
Thank you for the video!! Excellent work! Can you please do the same for Italy banks. Cheers!!!
This is good. Thanks
good work
Myles sometimes we the viewers watch videos on KZread and we're a bit sceptical. I don't know what made me try but I did. Well I opened a Charles Schwab account from Trinidad and Tobago! This is so awesome, thanks for this amazing content!
@ricardowhyte7594
15 күн бұрын
Hello, did you have to deposit the $25k to proceed? If you did not, what was the alternative? I'm noticing in other comments that this still being raised as a gray area.
Thank you it is really useufll
Very helpful 👌🏻👌🏻👌🏻
Thanks a million for this video Myles. As you rightly point out there are many people looking for money for this information so you have more than earned a like and subscribe from anyone watching this! A good Irish surname as well ;-)
Interesting and informative 🇯🇲
Wow super informative, btw I heard Mercury bank is closing business accounts for non resident people who have no ties to the US other than their LLC.
@kagi95
2 ай бұрын
Oh I see you mentioned it haha. Btw Mercury IS launching a new personal bank account option!
@MsMalunga
Ай бұрын
Hi, we are actually in a situation right now, we have an LLC but we don't have any operations in the USA and now Mercury has restricted our account. We can't receive funds nor make payments and its affecting our business. We have tried to explain our situation but nothing seems to help at the moment. The organization we use for virtual address isn't helping either Any suggestions on how resolve this will help us a lot.
@ariy7712
Ай бұрын
Did you find any solution? Same situation.. @@MsMalunga
@The70sCarIsMine
29 күн бұрын
@@MsMalunga you can rent a physical address . There are companies that offers real address instead of virtual
@genesisgx4614
26 күн бұрын
@@MsMalungayou could check out another alternative for online banks such as Relay
I am Enjoying it
Thank you
thank you so much! I opened a schwab account from spain!
@HoldMySoda
9 күн бұрын
Did you deposit the 25k?
love it
Amazing video, thanks a lot. One question. Is it possible to put the link in the comments for Charles Schwab bank. I got confused in the web pages
Great informative and detailed video. Thanks brother. I have a question, What about Payoneer?
Great video. What is your opinion on wise vs revolute vs Skrill and there are probably more alternatives.
Some crazy value here
I needed ITIN when applying for PayPal, also without SSN to open any physical bank, business or personal account, if have ITIN it's smoother, and less chances of rejection.
Good video
Great content.. Also if you are a non-resident alien.. State National, use the ss4 form from the IRS and get an EIN to use instead of SSN, cheers!
Great presentation so much information, any ideas to open a South African bank account from Australia cheers
FANTASTIC INFORMATION. THANKS. YOU EARN A SUBSCRIBER ;)
very good
Hi, Apparently you can have a HSBC premier account overseas and remote open a US HSBC account. FYI
This is the best video I've ever watched on KZread
Hi there, Schwab mentions on their website: Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value You say that there is a coverage of 250,000 USD on the brokerage account. So how does that work out ??
FDIC doesn't mean your money will be instantly reimbursed. There are multiple cases of banks going under and small creditors being hung and dry. And don't forget the Yotta debacle. Also, Relay for instance isn't insured it is Thread Bank that is their backbone.
I would like to share my experience too, because with Bank of America, the fact that I don’t have an SSN or even ITIN, I still got approved for my credit card with BofA, as long as I had an existing bank account with them.
@Elias-yx9gx
26 күн бұрын
Did they ask for a US address?
Thanks so much for the video!!! With so many order cancels from Australia I think I need to open a us bank account. With ITIN can I get a Credicard in any bank even at the Citibank? Thanks 🙏🏼
Greetings from Argentina my friend.
The best video on KZread regarding US bank accounts Awesome and thank you. Can you make a video on building US credit for non-resident in 2024 please. Amazing video and informative 👍🏼
Ur the best
Necesité ITIN cuando aplique para abrir una cuenta en PayPal, incluso sin SSN para abrir una cuenta bancaria en bancos físicos, ya sea para cuentas personales o corporativas. Si hubiese tenido ITIN hubieses sido muuuuucho mas fácil y con menos chances de rechazo
Great post, myles!
@MylesDunphy
29 күн бұрын
Thanks Clive!
Thanks so much for your video, it’s been so hard to buy in America from Australia. I have all orders cancelled like Walmart, acme, Nike, etc.. I tried the Shwabs and they were out of service 🤷♂️ Do you think opening a bank account in USA would really stop order cancels even buying from Australia? Some retailers don’t accept VPN 🤯 Thank you!
This was super helpful thank you for making this video. I would appreciate if you can do a little video for US LLC owners from south Asia; Pakistan, India, Bangladesh etc. I just formed an LLC and I am just stuck and overwhelmed by the overflow of information and contradiction on the internet about opening a business bank account in the US from Pakistan
@hamzakhurram525
Ай бұрын
Did you open one? im stuck with the same issue.