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Ben Analyst

Requirements to open a US Bank account as Non-US Resident | Ben Analyst

27 Jan 2022

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OPEN US BANK ACCOUNT AS NON US RESIDENT:  https://wise.prf.hn/l/rd9m03k Open US Virtual Address:  http://bit.ly/3r2ywLw Requirements to open US Bank Account:  https://youtu.be/7HR2zkPN9pI BECOME BUSINESS ANALYST:  https://sfbatraining.com/ HIGH TICKET AFFILIATE MARKETING TRAINING:  https://bit.ly/3HmUqBF BLUEPRINT TO MAKE $20/MONTH ONLINE:  https://www.youtube.com/watch?v=dhD8M... PLAYLISTS: HIGH TICKET AFFILIATE MARKETING :  https://www.youtube.com/watch?v=sifzx... In today’s video, we are going to talk about the requirements you should follow to open your account as soon as possible as a foreigner.  But before getting more insight into the main content, don't forget to subscribe to my channel and press the bell icon to get the latest update.  In our previous videos we went over 4 options foreigners have to open a bank account in the US. You will find the link in the description below  So what requirements do you need? For the bank to be able to trust you, security measures have been heightened. Some banks will even require a background check before approving your account. You will need to verify your identity, reliability, residency, and business. For businessmen, it is easier to set a bank account for your business if you have the required documents and approval. Please find below a list of all the requirements needed to open an account. Two forms of valid photo ID: Your passport is a must + secondary form of ID like your student ID, driver’s license… etc. Immigration documents: All legal documents, including your work or visit visa EIN (Employer Identification Number): This is a number assigned to you (foreign business) by the IRS, you need it to open a business in the US or open a bank account. US address: Most, if not all, banks require a physical US address to open a bank account; I will show you how to you can get one without necessarily being a US resident. Initial Deposit: Every bank requires you to have a minimum deposit in your account (the amount varies from one bank to another), it can be as low as $10 or as high as $100.  How to get a US street address? Not having a permanent US address is the biggest problem you’ll face when setting a bank account in the US. Banks insist on this term as proof of residency and identity; they need a stable address to use as a mailing and billing address. But if you’re only on a short visit or don’t have a business set up in the US, getting a street address can be expensive. Unfortunately, banks don’t recognize a PO Box address as proof of residency so it must be a street address. Now what? The solution to this dilemma would be getting a virtual street address. This means you get an actual street address and all its benefits without necessarily needing to be at the address. Confused? Let me try to explain this further. You get to choose from a variety of addresses available nationwide, it can be used as your personal address or business address. You’ll not only have a street address but a mailbox too for all your mail within the US. All your US clients, investors, partners, and the bank will be able to send all your mail to your virtual mailbox. Your mail will arrive at a secure mail facility; the envelopes will be scanned and uploaded to your online mailbox. You can log into your mailbox through your phone or computer, wherever you are in the world. Have ultimate control over your mailbox; you’ll easily be able to sort and organize all your business mail. With just a few clicks, you can open & scan, shred, recycle, archive, or download any mail piece.

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