US Brokerage Account with Checking for Non-Resident

[dragodrago]

Does anyone know any US brokerages which offers a checking or cash management feature with routing and wire numbers?

It would need to accept non-US residents with no SSN/ITIN.

Thanks in advance.

 

[troubled soul]

interactivebrokers.com
schwab.com
tdameritrade.com
These are best for non-US residents with no SSN/ITIN.

Three of them are leader, they do offer cash management.
I am not pretty sure about " routing and wire numbers" ?
You can check them.
What do you really mean by "routing and wire numbers"?
Do you need bank account ?

 

[dragodrago]

interactivebrokers.com
schwab.com
tdameritrade.com
These are best for non-US residents with no SSN/ITIN.

Three of them are leader, they do offer cash management.
I am not pretty sure about " routing and wire numbers" ?
You can check them.
What do you really mean by "routing and wire numbers"?
Do you need bank account ?

Thanks for your reply.

I am referring to cash management accounts offered by brokerages. For example, Schwab International has one which gives you an ABA routing and account number as well as checkbook and debit card. You can use it as a current account basically.

Does anyone know any similar offerings?

 

[troubled soul]

I do not think that any Brokerage offer that service for non resident.
For resident it is different things.
I also doubt that schwab.com offer that service for non resident.
You can check.

 

[fshore]

Etrade does open accounts for some non residents. You need to apply on the paper application.

 

[troubled soul]

There are many broker that open for non resident but non of them are offering debit card service for non resident

 

[fshore]

OP didn't ask for debit card.
But BTW Schwab give you a debit card and also give routing and account info for ach. Also a checkbook. For wires you need to send to their account with further credit to info. Etrade can receive wires directly to the account number.

 

[troubled soul]

OP didn't ask for debit card.
But BTW Schwab give you a debit card and also give routing and account info for ach. Also a checkbook. For wires you need to send to their account with further credit to info. Etrade can receive wires directly to the account number.

For non resident ?
Are you sure?
interactivebrokers.com/en/index.php?f=46352&article=28225562

• Country of legal residence: United States
• Country of current residence: United States
• IB Entity: IBLLC-US
• TIN is a US Social Security Number
• Has verified mobile number
• Individual, Trust or Joint account excluding IRA's
• Additional restrictions for FA Clients

 

[fshore]

For non resident ?
Are you sure?
interactivebrokers.com/en/index.php?f=46352&article=28225562

• Country of legal residence: United States
• Country of current residence: United States
• IB Entity: IBLLC-US
• TIN is a US Social Security Number
• Has verified mobile number
• Individual, Trust or Joint account excluding IRA's
• Additional restrictions for FA Clients

not sure why you link to interactive brokers?
But btw, they also open accounts for non residents. But you don't get cash management.

 

[troubled soul]

not sure why you link to interactive brokers?
But btw, they also open accounts for non residents. But you don't get cash management.

That's my point that non resident can open account but they do not get cash management .

 

[fshore]

That's my point that non resident can open account but they do not get cash management .

I didn't mention IB, I talked about Schwab and eTrade.

 

[troubled soul]

No US broker will give cash management to non resident without SSN.

 

[jjrapy]

interactivebrokers.com
schwab.com
tdameritrade.com
These are best for non-US residents with no SSN/ITIN.

Three of them are leader, they do offer cash management.
I am not pretty sure about " routing and wire numbers" ?
You can check them.
What do you really mean by "routing and wire numbers"?
Do you need bank account ?

Depending of the country. At least for me, only IB works. The others

 

[exprtadvisrdev]

I'm non resident and TD Ameritrade offer me a debit card and checkbook, the catch is that you can only fund the account with an account on your name

 

[jjrapy]

which country did you choose when filling the application? For Paraguay it didn’t work:
Based on your information, we are not currently able to open an account for you. As a U.S.-registered broker-dealer, TD Ameritrade does not open accounts for residents of certain countries. If you have any questions or would like to speak to a New Client Consultant, call us at 800-454-9272..

I'm non resident and TD Ameritrade offer me a debit card and checkbook, the catch is that you can only fund the account with an account on your name

 

[exprtadvisrdev]

which country did you choose when filling the application? For Paraguay it didn’t work:
Based on your information, we are not currently able to open an account for you. As a U.S.-registered broker-dealer, TD Ameritrade does not open accounts for residents of certain countries. If you have any questions or would like to speak to a New Client Consultant, call us at 800-454-9272..

Ask them which countries are they accepting

 

[jjrapy]

Ask them which countries are they accepting

The answer is there. What else should I ask?