The 5 Best US Bank Accounts For Non-Residents (Updated 2024)

[@JamesBakerCPA]

Relayfi is currently my number-one choice for a U.S. bank account! If you want to join them, you can increase the likelihood of being accepted and get priority support through my partnership link - bit.ly/3uwbB1W

[@mohammadhussein3923]

LOL nice affiliate link

[@JamesBakerCPA]

Yeeeeaaaaaaaaa boi and I promise they did tell me using the affiliate link helps the approval chances

[@dontysk]

The card commission is very high, not worth it at all.

[@user-ek5id5wl1g]

Sir , I am from Pakistan . Can you tell me please about Invertyn bank account of USA . Please tell me how withdraw or send money from Invertyn to another account

[@suntryme1138]

I opened account with Relay after watching this video, they froze my account after I attempted to deposit check from another fintech a closed account claiming it was a unusable image, there were enough funds available in my account more than the check amount, and an individual with criminal intent would not deposit a bad check on such balances. Despite my attempts to resolve the situation and provide necessary documentation, I was met with uncooperative behavior and ultimately they had my account closed yesterday. In a traditional bank or real financial technology, an account is not closed simply because a check is a unusable image, there's more to this.

[@Ubaldo-chamu]

I just spent 4 months in California with a tourist Visa B1/B2, I took like a sabbatical vacation and since I stayed for a couple of months, I had to open a debit bank account with Bank of America, for my personal needs, shopping, buying food, etc. I had no problems, just went to the bank with my brother who is a resident and just used his address and my passport as an ID and they open my account without any problems. Thanks for the updated info.

[@vistagraphsnet]

@vistagraphsnet 9 days ago Bank of America is by far the worst. On April 24, 2024 I received an email from BofA saying i successfully activated Face ID. I am 83 and would never use face ID because I use a password and my family knows how to get into my account upon my demise. So I tried to access my account and was not able to so I called Bank of America and was informed that an IP address from outside of the US used my account and I was responsible. They claimed I had to have given someone my password outside of the US. They immediately closed my account. I have been a BofA customer since 1987 with never a bounced check or other problem. I have had two direct deposits with them since I retired in 2004. Because they would not let me access the account, I could not get the bill pay information who I pay, phones and addresses. Both direct deposits were returned and in the case of Social Security it will be six weeks before they can direct it to my credit union account. The CALPERS retirement check was returned and it will take three weeks to receive it at my credit union account. I know no one outside the US so have no idea who could have changed to face ID. Today I received a letter from BofA stating my information has been entered into a database all banks use and I will not be able to open another account with any other bank for five years. Please put BofA on top of your list. Everyone should be warned that this could happen to them.

[@suntryme1138]

Avoid using Relay. My account was unexpectedly closed after depositing a check from a defunct fin tech bank. James Baker continuously removed my reviews for no reason. Allowing both positive and negative reviews is essential in business. A traditional bank would not close your account due to unverifiable check sources. If you choose to use Relay, it is recommended not to keep a large sum of money with them. The check was legitimate, and I was not provided with a valid reason for the closure of my account. Despite providing numerous documents, they proceeded with the closure. While they may be excellent, they may not be suitable for freelancers in need of assistance.

[@mohammadhussein3923]

Just an FYI, as of 2024, actual business address is required, since there is a mandatory requirement by the Corporate Transparency Act (CTA), where registered agent's address, virtual addresses, P.O. Boxes are not accepted

[@satpalsinghrathore2665]

What is the workaround for non-US nationals then?

[@gyorg7685]

Great video! Just a heads up, for Highbeam, they require a Social Security Number (SSN), which many non-residents may not have

[@nancyrussell2996]

EIN as a replacement for the SSN doesn't work?

[@jimbaker]

They don't. I confirmed with them but you will need to connect a stripe or Amazon account

[@user-ii5ln6yv9d]

Thank you for this video. As a Nigerian, its really difficult to operate my ecom businesses having no access to a reliable US Bank account. Mercury and Wise closed my account for no reason. Relay fi don't allow Nigerians. I have Stripe, but don't want to use because of stories I've heard. Will try out High Beam now.

[@Deeluxe01]

Same here

[@paulisrael6918]

Did it work??? I'm having the same issue

[@harveyleehuy663]

how can do that

[@perspectivex]

I like your videos, informative and succinct. Your "....For Non-Residents" videos leave me wondering though, would all the info you provide be exactly the same for expats (non-resident but are u.s. citizens living permanently or indefinitely abroad)? It seems like the rules for non-resident u.s. citizen would at least sometimes be different than for 'the rest of the world.'

[@JamesBakerCPA]

Thanks for the comment. US citizens are tax residents of the US and still have to file taxes in the US, even if they live all year abroad. It is unfortunate but those are the rules. There are different considerations for my americans abroad and I do have other videos about this topic

[@perspectivex]

@@JamesBakerCPA Thanks for the reply. I'm painfully aware of the tax burden for many years now. I guess I was wondering about 'everything else.' I searched your videos for 'americans abroad' and 'expats' and 'citizen' and looked for a relevant playlist but not too much popped out. Is there some other way to find the videos you mention?

[@sdatrading5524]

I opened in Regions and Citibank, all in Miami, no proof of address on these. Only passport and second ID, for business and personal

[@kevinh7597]

Hello my friend you opened them remotely or physically? Thx 🙏

[@lextor4712]

In person for sure. May I ask where excactly they're located in Miami? I'll go there myself in the future. :)

[@sdatrading5524]

@@kevinh7597 physically

[@sdatrading5524]

@@lextor4712 The 201 S Boulevard on Brickell (Citi) The Mary Brickell Village on Brickell for Regions

[@lextor4712]

​@@sdatrading5524thanks a lot!

[@syebethel]

Wise allows debit cards in Canada, possibly other countries as well. I got mine this year, don't know if they've changed their mind for some countries since.

[@damiangaitan7870]

James how do you get a proof of address in US if you are a foreigner applying for an account with the big 4 banks? Registered agent?

[@kevinh7597]

You need to have a virtual mail adresse in usa no ? I took " anytime mailbox "

[@jansteno3428]

Can someone please clarify on this?

[@tiredcdz6181]

​@@jansteno3428 You can go to a USA mail forwarding service.

[@ScottJLetourneau]

Great video, and thank you!

[@lamaarmanning2221]

great videos but what if i am a freelancer and want a business account due to having clients in US & on a visa?

[@carmalbarlow8454]

Do you pay fees to open a new bank account as a USA resident ??

[@flink4735]

Great video, thanks James!

[@JamesBakerCPA]

Thanks

[@chowmonkey2002]

Wise is ok but their USD accounts are on hold for quite some time now.

[@carmalbarlow8454]

And do you pay fees if your bank account freeze or get hacked to get money out ?

[@carmalbarlow8454]

Dose Chase charge you to use it

[@ulug8888]

Thank you for a valuable information!

[@thetechhack5400]

Relayfi is currently open in USA resident person or who have physical address there ""A physical personal address in the U.S. is required when using a Registered Agent business address.""

[@ceramics1585]

Hi James, Do these banks also have problems with Non-ETBUS Single Member LLC DE ? Such as requiring a W9 or not serving foreign owners ? What are your consulting fees ?

[@lextor4712]

Hey there, RelayFi has no issues with single member LLC's in that situation. I opened up my account there and they're great.

[@ceramics1585]

Thanks for sharing your experience, are you foreign or resident ?

[@lextor4712]

@@ceramics1585 foreign owned US based LLC. Not an US resident or citizen.

[@HumbertoPelaez]

Hi James, I think you should update this video. Relay is not opening new accounts for Non-Resident anymore. The same thing with Novo Bank and Lili Bank.

[@JamesBakerCPA]

Hey thanks, Relay is opening accounts for non residents you just need better support and addresses. We still get these for our foreign clients they just need a US address (which we get them). I don't talk about novo or Lili on here. I do like novo but it's only for those with SSN.

[@sarael5925]

​@@JamesBakerCPAunfortunately even relay don't accept some countries like morocco and others so it's difficult for non residents to find a reliable bank

[@arraychart]

great content!.

[@JamesBakerCPA]

Thanks

[@user-tn9re8eq6w]

how much your company charge for opening account for non resident in us

[@supplychainanalytics9114]

BoA has consistently told me they dont open personal bank accounts unless you have an actual US address. I was thinking of using a family address but i would probably have to get a rental agreement. They will allow a non US/Non Resident to have a Credit card wo SSN (secured initially), this is in FL from Miami to Orlando. I have a personal account at Chase (when it was WAMU) who wont give a credit card wo SSN or other tax id. Chase allowed me to use my US family's address which is on the statement and will mail bank card overseas. I was wondering if i could use my Chase statement to open a BOA bank account. I would prefer a BOA account to easily service my CC. Im thinking of calling you for a session and some advice on maybe getting an ITIN so i can easily bank in the US, as i have a brokerage account that probably withholds dividend taxes. But it might be an unnecessary risk (audit etc). I also want to open a ML investment account so i can get some of the premium benefits for travel points with BOA. I am also exploring the LLC option for accounts including brokerage.

[@astroline6749]

Hello I am happing problem signing up for Mercury bank account

[@maitreya1906]

Wish I had known about your service 2 years ago when i had an LLC out of wyoming. the US tax code was so friggin confusing I just closed shop

[@JamesBakerCPA]

Always happy to welcome you back!

[@thiagonois5093]

Im not a US citizen neither US resident, but I want to open an US bank account. Would I still be able to open one with my home country as proof of address?

[@BrokenCompass502]

No, you need a US proof of address.

[@frankgarcia5260]

Great Videos! but Please Slow Down a little you talk way tooo fast!!!

[@jimbaker]

Thanks I'll try!

[@user-vp5lp7xe5c]

I do have Wyoming registered LLC and made my sister manager 2 on the filling. But on IRS SS4 which gave me EIN, it only shows my name. Can she go and open up in the name of the company?

[@cr0772]

Hello do you have any recommendation a euro business account in the us?

[@enkitechtiendaonline2034]

i havent being able to open bank account with a physical banks, is it possible with the bankers you have worked with open a bank account remotly? since online always says go to the branch if you arent a non resident

[@spicyboi2328]

My passport country is not allowed by Relay. Can I bypass that if another member of the LLC is a US citizen ?

[@tarents222]

Thank You

[@lalelale9172]

Thank you, so you are not a registered agent?

[@jimbaker]

Sure in different jurisdictions yes

[@organizer14]

But are these US banks safe with lots of cash savings so they do not close?

[@Amira_rose-g3g]

Hello JAMES ! can i ask you about a bank in usa please?

[@user-qs2rj7ef9h]

I have SSN can I use it instead of EIN because I didn't apply for EIN the rest I have all the LLC Documents and if the Mercury Accepts SSN instead of EIN so what document will I have submit in replacement of CP 147c Form?

[@JamesBakerCPA]

Hi! Follow the link in bio or find me at www.jamesbakercpa.com/ for a free consultation! 😁

[@awd6975]

RELAY is required ssn number so it isnt appropriate for non residents

[@JamesBakerCPA]

Not if you change the country. We use this bank for many non residents

[@hasmikstuff4666]

Mercury denied me 2 times, 😢

[@jamesfarley112]

Please is highbeam&co has F.D.I.C insurance????

[@JamesBakerCPA]

Yes

[@Hembhu2411]

Do I get a credit card if I open account in mercury, relay ?

[@jimbaker]

a debit card yes same thing

[@Redcapsseed]

My brother live in North Carilina can i use his residential address to register My LLC In wayomin?

[@JamesBakerCPA]

You could!

[@viralhillstoday]

Can you help me open Chase bank business account?

[@ambreenzafar4175]

i am australian can i open chase bank account

[@talhamehmood9753]

Im based in Pakistan, and have a registered LLC based in US. But, mercury is just not allowing me to my pakistan's company address. If i enter US company address, it says "Cannot be a registered agent address". :/

[@imraniqbal6348]

Hi talha I am from Pakistan could you help me also to open account

[@talhamehmood9753]

@@imraniqbal6348 i was not able to open my account at mercury either.

[@harveyleehuy663]

same question

[@JamesBakerCPA]

The only way it may be possible is proof of address outside of Pakistan. This is basically required for all. We have gotten chase account open for Pakistanis as long as there is proof of address for somewhere else

[@user-qv1su7ep3s]

Hello, do you know if there is an option similar to fidelity to have a account if i am not resident, but I want to invest in the stock market?

[@ronaldorussell2770]

Hi James how do i get in contact with you

[@JamesBakerCPA]

Hey, you can book in a call with me here - jamesbakercpa.com/schedule

[@RyanHarris-yk5xe]

How can I use VPNs with these banks

[@JamesBakerCPA]

I would probably suggest a virtual private server

[@themelicworld]

relay is not supporting application from pakistan.

[@JamesBakerCPA]

It's tough for Pakistanis right now

[@themelicworld]

@@JamesBakerCPA which account you recommend for pakistan? james

[@harveyleehuy663]

same question

[@Frank-Lahore]

Non-US Residents, you better not waste your time with Mercury. Some of you may think, "aw no, I'm gonna try it anyway and will get approved" go ahead and thank me later for giving you a heads-up.

[@JamesBakerCPA]

Mercury is awesome. The services of the accounts are great, just make sure you apply correctly so it gets approved.

[@Frank-Lahore]

Very good point "Apply correctly to get approved" I hope some non-US resident who applied correctly and got approved comments here.

[@MidoxDox]

​@@Frank-Lahore I applied 3 days ago. I'll let you know if I get approved.

[@eduardobarrera2300]

@@MidoxDoxdid you get approved?

[@mrsumeet7091]

I had applied a year ago and I got approval in just 2days

[@parttime-zx7ct]

Can we arrange a one to one call?

[@nachourrutia]

Hello, I have sent an email and been calling but nobody is replying.

[@JamesBakerCPA]

Hi! Follow the link in bio or find me at www.jamesbakercpa.com/ for a free consultation! 😁

[@bibekthapamagar5378]

This bank close my account and not allow to access my fund

[@JamesBakerCPA]

Contact them. Banks sometime close accounts and generally mail a check or will transfer to another account..

[@bibekthapamagar5378]

@@JamesBakerCPA yes relayfi mail a check, but am form nepal how can i deposit this check that a main probleam .

[@dzanljubuncic7561]

Is it okay (legal) to have only Wise Business?

[@Vivil82164]

SO if you're from a prohibited country...there're no options for you to get bank account in the US.

[@jimbaker]

Nope lol. Maybe in person

[@jimbaker]

You can but you need to travel to the US

[@pedro2206]

Wise is turning into a dumb bank

[@melhoresprodutos8899]

Great Vídeo, very informative

[@JamesBakerCPA]

Thanks!