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Opening a US personal bank account remotely with ITIN?
- Thread starter bibing
- Start date
Yes, this is one of the official ways to get an ITIN. For a deeper information, you can look here How do I apply for an ITIN? | Internal Revenue Service and consequently here Acceptance Agent Program | Internal Revenue Service.
Do you mean an account with a neobank/an EMI or with a brick-and-mortar bank? If the former, then yes – on condition that you qualify in general. If the latter, then very probably no – the vast majority (if not all) of brick-and-mortar bank requires a personal visit to onboard a non-resident. TBMK.
No, SSN does not matter, AFAIK. What matters is your residency status and US address.
Does it mean that you did not need your ITIN or SSN??
I would prefer a solid Chase or Bank of America. But even an EMI would be OK (as long as they don't disappear).
Any EMI you can suggest?
I am not much oriented re: personal US EMI accounts, sorry. However you can take a look at the discussions here US neo-banks List [For Non-Residents LLCs] and here Mercury, TryNovel, or something else?. It concerns accounts for LLCs but possibly (at least some of) these EMIs offer personal accounts, too.
It is also important how much cash you want to deposit, quite generally.
Honestly, I have no current experience with BofA. But from I have heard recently, if they agree to onboard you remotely as a non-resident (what I would not expect but good luck!) then they probably will not ask for more. Of course compliance generally can ask for anything; but in BofA they were not used to mimic the monkeys e.g. in european banks.
They can open it even without ITIN by the way
If you opened your company accounts they can open you a personal as well without a need for ITIN
Do you have any personal experience with this, or have you witnessed it? If so, would you mind sharing some details?
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Yes people close to me i know they non us and dont live there they went for their company and they opened an account for them but they fill form W8-ben
You can open an account at all big if banks as tourist. Need to be there in person and they will ask more questions such as proof of address. With ITIN, you can open online without being in the US. Some banks are more open then others. Truist us usually the one to check.
NB the are banks that open remotely for non-residents but it is mainly for special cases or on an exception base. But it is possible. I personally would recommend going there on person though.
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W8-BEN is, actually, unrelated to the problem discussed. This form can be, under some circumstances, filled in without having a SSN/ an ITIN (check here About Form W-8 BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals) | Internal Revenue Service).
Could you share, what bank was engaged? And who was the registering agent for the company? If you do not like to do it in public, indicate it and we can talk privately...
Yes, I agree. (Perhaps not with all and not in any branch, IMO – but it's just a detail...)
Well, yes. Thanks for sharing.
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In any case, for the bank account. I personally would recommend a visit to a US bank and then talk to them. The ITIN helps with some banks like Capital One. But without a US address, things are typically more difficult.
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Which banks are available to you now that you have ITIN? For remote opening I mean.
Are you using you own address or one in the US?
ty
Wells Fargo can open accounts without ITIN, but you have to go there.
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I recommend using an address in the US as you will have more options. Truist, Capital One, Bank of America, Chase, Citi may all work. Just try using their website it app.
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