Open a Bank Account in the Us from Abroad : Is It Possible To Open A Bank Account While Traveling From Another Country To The United States?
If you operate a business from outside the United States and sell to consumers in the United States, you may desire to incorporate a corporation and open a bank account in the us from abroad. A US bank account significantly reduces transaction costs and simplifies the process of collecting money from Amazon and affiliate networks in your own country.
Additionally, having a bank account in the United States enables you to send and receive lesser sums. For instance, if you only have international wire capabilities and are paying between $50 and $100 each transfer, you will be unable to pay a contractor in the United States $300 for their services or receive a $75 transfer at least not in a timely way.
Anyone, even US citizens, may utilise the method described below. However, for someone capable of performing it himself, the cost may be too high. A non-resident of the United States is willing to pay the needed amount of money since it is their only option for establishing a bank account in the United States from outside.
Without further ado, here is information on how to open a bank account in the United States from abroad. To create a bank account in the United States, the following papers are required:
In the United States, a US corporation, a US agent, a US location, and a commercial purpose necessitating a US structure and account are all necessary.
To create a bank account in the United States, a non-US citizen must have a local agent ready to organise the business and open the bank account on their behalf. The agent is responsible for incorporating the business and opening a bank account in his or her name. Once this is finished, you will be added as a key shareholder to the company’s ownership structure.
That is, you will need a representative in the United States who is willing to assume the risk of representing you in front of the bank. Someone willing to put their name on the account and trust you not to do anything criminal.
As a consequence, the agent will often do thorough due diligence on you and your business. It is definitely banned to sell knockoffs or to engage in any action that would bring them into disrepute. If the company is sued in the United States, or if the agent is found in violation of the law, the agent will face significant personal liability.