US Bank Account for Non Residents – A How-to Guide
Getting a us bank account for non residents from overseas, without visiting the United States is a challenging job. Many US banks want you to visit their branch personally and sign the papers, regardless of whether you are looking for a personal or business account.
However, few banks do offer accounts if you know someone in a bank or through a trusted agency. In any circumstance, the best way to get your account done is without adding any third-party signer. Adding a third party signer creates many complications later on and is not a permanent solution.
Few approaches on how you can get us bank account for non residents, from overseas is as below.
By visiting their branch in your home country
You can list out banks in the US and see if they have a branch in your home country. There are banks like Citi Bank, Chase Bank etc which has branches in many other countries apart from the US. If you have a good relationship and have an account in such banks in your home country, you may get lucky to open one in their US branch too.
Get US bank account for non residents: Adding a US partner to your business
You may add a US partner to your business or make him the sole owner of your company. Later you can draft a partnership agreement with him. This will give you lots of advantages apart from opening a business bank account. You may also need to make sure that the person is legally allowed to own a business in the US, especially if he holds a work visa.
Appointing a US manager to get US bank account for non residents
Banks may approve your account if you appoint a U.S person as manager for your company. Once appointed he can appear in person on your behalf. Many times banks may ask you to officially add the representative’s name in your state documents or may ask you to prepare a resolution letter. However, the risk part is that you are given complete control of your account access to him.
Us bank account open without visit: Get your account without a signer and without visiting the US
There are agencies who have links with banks and can open an account for non-resident aliens, without adding any third-party signer. They may make an exception at the bank and can process the account without you visiting the branch.
For best solutions you can contact US. You can read more about our articles in our blog section. We will coordinate between you and the bank in getting your bank account opened.