US Physical Business / Personal Bank Account Remotely, money stuck in Stripe

[Alenka]

Is it possible to open a US Business or Personal bank account in physical bank remotely?

My case: my old business US bank account was closed because as a company we don’t have physical presence in the US, except majority of our customers.
But big amount of funds have stacked in my Stripe account and I can’t find an option how to withdraw them, because stripe requires “Checking US account”. It can be any US bank or anything where it’s possible to withdraw stripe funds, any schemes are acceptable as well: such as an intermediary agent who can accept money for % from stripe and then send them to my personal bank account in the UAE. Just want to know how it works in practice and if I’m able to use them in my case.

Got rejected from Mercury and Brex. But physical banks usually accept me.
Unfortunately, I Don’t have US visa to visit the US in person and open bank account personally.

I’m okay to make for up to 500k USD deposit. ~70% of customers are US customers of my business.
I don’t have SSN or ITIN.

If there are physical banks that can open bank account under my company name or my personal name remotely?
Any suggestions how you would act to withdraw those money from Stripe are appreciated.

I thought I can hire someone and appoint as director to go to the bank and open an account for my single-owner disregarded US LLC, but in that case my US entity will probably be considered as having physical presence = liable for US taxes. But in some articles that I read it’s stated that if the person likes as “independent agent who offering services to all companies, instead of only working for your company” then it will be fine and my US entity won’t be liable for taxes.

 

[JohnLocke]

I would say it's impossible what you are seeking without showing up at the bank in person. However, I also know that if you have a lot of money, nothing is impossible. With the figures you're throwing around, I would find a law office that can help you facilitate everything needed for you to have a real company - that will help you a long way. In addition, you will probably still need to enter the USA at some point to open an account, unless you can convince the EMIs you've tried that they can take you now, or you find a new EMI you haven't tried before.

Why can't you get a VISA, which country are you from?

 

[kalikex]

Is it possible to open a US Business or Personal bank account in physical bank remotely?

My case: my old business US bank account was closed because as a company we don’t have physical presence in the US, except majority of our customers.
But big amount of funds have stacked in my Stripe account and I can’t find an option how to withdraw them, because stripe requires “Checking US account”. It can be any US bank or anything where it’s possible to withdraw stripe funds, any schemes are acceptable as well: such as an intermediary agent who can accept money for % from stripe and then send them to my personal bank account in the UAE. Just want to know how it works in practice and if I’m able to use them in my case.

Got rejected from Mercury and Brex. But physical banks usually accept me.
Unfortunately, I Don’t have US visa to visit the US in person and open bank account personally.

I’m okay to make for up to 500k USD deposit. ~70% of customers are US customers of my business.
I don’t have SSN or ITIN.

If there are physical banks that can open bank account under my company name or my personal name remotely?
Any suggestions how you would act to withdraw those money from Stripe are appreciated.

I thought I can hire someone and appoint as director to go to the bank and open an account for my single-owner disregarded US LLC, but in that case my US entity will probably be considered as having physical presence = liable for US taxes. But in some articles that I read it’s stated that if the person likes as “independent agent who offering services to all companies, instead of only working for your company” then it will be fine and my US entity won’t be liable for taxes.

What is Your origin ?

Is it possible to open a US Business or Personal bank account in physical bank remotely?

My case: my old business US bank account was closed because as a company we don’t have physical presence in the US, except majority of our customers.
But big amount of funds have stacked in my Stripe account and I can’t find an option how to withdraw them, because stripe requires “Checking US account”. It can be any US bank or anything where it’s possible to withdraw stripe funds, any schemes are acceptable as well: such as an intermediary agent who can accept money for % from stripe and then send them to my personal bank account in the UAE. Just want to know how it works in practice and if I’m able to use them in my case.

Got rejected from Mercury and Brex. But physical banks usually accept me.
Unfortunately, I Don’t have US visa to visit the US in person and open bank account personally.

I’m okay to make for up to 500k USD deposit. ~70% of customers are US customers of my business.
I don’t have SSN or ITIN.

If there are physical banks that can open bank account under my company name or my personal name remotely?
Any suggestions how you would act to withdraw those money from Stripe are appreciated.

I thought I can hire someone and appoint as director to go to the bank and open an account for my single-owner disregarded US LLC, but in that case my US entity will probably be considered as having physical presence = liable for US taxes. But in some articles that I read it’s stated that if the person likes as “independent agent who offering services to all companies, instead of only working for your company” then it will be fine and my US entity won’t be liable for taxes.

Payset You can consider

 

[Alenka]

I would say it's impossible what you are seeking without showing up at the bank in person. However, I also know that if you have a lot of money, nothing is impossible. With the figures you're throwing around, I would find a law office that can help you facilitate everything needed for you to have a real company - that will help you a long way. In addition, you will probably still need to enter the USA at some point to open an account, unless you can convince the EMIs you've tried that they can take you now, or you find a new EMI you haven't tried before.

Why can't you get a VISA, which country are you from?

From Belarus. I don’t have ties to the UAE and don’t have big travel history. Plus, it takes 3+ months just to get to the interviewer.

What is Your origin ?


Payset You can consider

Belarus

Thanks for the advice about Payset, do they onboard US entities as well?

 

[JohnnyDoe]

From Belarus. I don’t have ties to the UAE and don’t have big travel history. Plus, it takes 3+ months just to get to the interviewer.


Belarus

Thanks for the advice about Payset, do they onboard US entities as well?

Regrettably Belarus is considered an enemy of the collective West, which makes your chances of getting an account very slim. You could find a nominee or resort to darks.

 

[saintjohnny]

Is it possible to open a US Business or Personal bank account in physical bank remotely?

My case: my old business US bank account was closed because as a company we don’t have physical presence in the US, except majority of our customers.

Which bank if I may ask?

 

[Forester]

Regrettably Belarus is considered an enemy of the collective West, which makes your chances of getting an account very slim.

It's true, unfortunately.

You could find a nominee or resort to darks.

Yes, this is a possible solution.

In addition to this:

1) Even some non-US EMIs are offering USD accounts accessible locally in the US <=> checking US acounts. Many of them, unfortunately, do not accept US companies but e.g. Airwallex do (Payset might too, just try it).

2) Re: US banking options for a LLC, you can find various alternatives in discussions here US neo-banks List [For Non-Residents LLCs] and here Mercury, TryNovel, or something else?.

3) IIRC, Charles Schwab opens (personal) accounts remotely; and you are able to deposit enough. I admit that I have no clue how they see Belarus but generally, cash makes miracles...

I thought I can hire someone and appoint as director to go to the bank and open an account for my single-owner disregarded US LLC, but in that case my US entity will probably be considered as having physical presence = liable for US taxes. But in some articles that I read it’s stated that if the person likes as “independent agent who offering services to all companies, instead of only working for your company” then it will be fine and my US entity won’t be liable for taxes.

It is a good idea in general and especially for (2) above.

 

[Alenka]

It's true, unfortunately.

Yes, this is a possible solution.

In addition to this:

1) Even some non-US EMIs are offering USD accounts accessible locally in the US <=> checking US acounts. Many of them, unfortunately, do not accept US companies but e.g. Airwallex do (Payset might too, just try it).

2) Re: US banking options for a LLC, you can find various alternatives in discussions here US neo-banks List [For Non-Residents LLCs] and here Mercury, TryNovel, or something else?.

3) IIRC, Charles Schwab opens (personal) accounts remotely; and you are able to deposit enough. I admit that I have no clue how they see Belarus but generally, cash makes miracles...


It is a good idea in general and especially for (2) above.

I also considered the option you mention: to open Dubai entity, for the entity to open Payset / Multipass account (they offer USD local checking account) and then to withdraw to that company from stripe US.

It should be ok on paper, but depends if EMI is fine with such transactions from another company with same ownership structure.

 

[Forester]

I also considered the option you mention: to open Dubai entity, for the entity to open Payset / Multipass account (they offer USD local checking account) and then to withdraw to that company from stripe US.

Yes, Multipass could work, too. Bilderlings or Centtrip are perhaps also worth checking – but I have no relevant references about aforementioned.

It should be ok on paper, but depends if EMI is fine with such transactions from another company with same ownership structure.

Well, I think an EMI could/should be fine with this; but the core question IMO is what about Stripe? I admit that I am not well oriented re: Stripe; but I guess that they demand the account to be in the name of the company that uses Stripe (or perhaps in the name of the company owner), not in the name of the another entity – or am I wrong?