Form a US company and get a US bank account, EIN, business address, and access to the best payment apps (including Stripe & PayPal). All in the click of a button, 100% remotely.
Benefits of US incorporation
Earn the trust of your customersOpen a U.S. Business Bank AccountOpen merchant accounts with Stripe/Paypal/AmazonAcquire U.S. customersExpand your business globallyLegitimize your business
The United States is the world’s largest economy and the leading global trader. Many international businesses decide to open a U.S. business bank account to make doing business with U.S. customers more convenient. Although opening a U.S. business bank account as a non-resident is a little complex, it’s entirely achievable. We’ve put together a comprehensive guide to show you how to open a business bank account in the USA, including
Can I open a U.S. business bank account as a foreign entity
It’s not possible to open a bank account in the U.S. as a foreign entity. U.S. business bank account requirements mean that your business needs to be registered in the USA and have an EIN (Employer Identification Number – a unique identification that is assigned to a
Can I open a U.S. business bank account as a non-resident?
As there aren’t any residency requirements for business bank accounts, opening a U.S. business bank account as a non-resident shouldn’t cause any issues.
If You Have a Personal Bank Account in the U.S…
If you visited the U.S. in the past and have opened a personal bank account your best bet would be to try to contact your bank (preferably the same branch) and see if the would open an account for your business remotely.
In most cases what you need is not a bank account per se, but the functions provided by a traditional bank account. For that you can use a reloadable prepaid debit card from companies such as NetSpend，Payoneer etc. What you get is an internationally recognized debit card and an account number with routing and ABA numbers.
With such an account you can set up free Direct Deposit of your paycheck, have your card reloaded at various locations (for example NetSpend list on their website more than 100,000 NetSpend Reload Network Locations throughout the U.S. to add cash or checks), and transfer money using PayPal®, a checking or savings account, or another card account (NetSpend or Payoneer). You should even consider opening accounts with several of those companies, to diversify your financial option.