How to Open a US Bank Account as a Non-Resident Without SSN (2024)

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Күн бұрын

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Timestamps:
How to choose - 00:00
Offshore US banks - 02:20
Low fee transfers - 05:09
Business banks - 06:52
Personal account ONLINE - 09:57
Top 5 US banks - 13:06
Credit cards - 17:04

Пікірлер: 279

@MylesDunphy 2 ай бұрын

BTW Ocean Bank (www.oceanbank.com) confirmed they open accounts remotely for international clients. As they're FDIC insured (largest independent bank in Florida) this could be a great option. Hope this was useful!

@Theprodator Ай бұрын

You should put a link to the Ocean Bank, I just googled and the first result is a scam.

@EasyDeutsch Ай бұрын

Remotely means if you call? Because Online on their website they don´t do it!

@gmailuser699 Ай бұрын

Wrong information. This is the error i get: In order to qualify to open an online account you must: Be a U.S. citizen or resident and reside in the U.S. Have a valid SSN Be 18 years or older and Have a valid U.S. ID

@RichWayGlobal Ай бұрын

with the charlse schwab brokerage, how do i get the one i can open remotely?

@humphreydickson9391 25 күн бұрын

You mean ocean bank can open saving account for international customers? and is it the same amount 25k or less?

@Begraceson Ай бұрын

Why am I just finding you Myles? This is completely of great gain. Thank you so much 😍

@magdycomics 18 күн бұрын

One of the best advices I ever encountered in KZfaq. Great job pal. Keep it up

@rrezartakrasniqi2960 28 күн бұрын

Great and valuable information, Myles!

@Maerque 2 ай бұрын

Brilliant. Was just looking how to do that and your video popped up. Keep up the good work!

@JohnAung.ATSN2312 Ай бұрын

I also wanted to know that.

@DoctorRiggz Ай бұрын

Thank u for the info you provided. Extremely helpful!!

@R10avion 5 күн бұрын

Thank you so much. I really needed this information because I live and work in china for almost 8 years now and I am from Morocco. Opening a bank account in USD would solve a lot of problems for me and save me a lot of hassle!

@stephencobb8243 Ай бұрын

This is grate i was looking for my grand nephew in Grenada WEST INDIES / the Caribbean who wants to open a Bank Account in the u s a you are a breath of fresh air you are a God sent person many people lives will be improved because of you.Thank you Thank you and let me say i hit the like shared and Subscribed, once again thank .

@gcraigw 2 ай бұрын

This info was extremely useful. Thanks a lot!

@riazm5850 Ай бұрын

I love your video man i also know allot but the way you summerized was owesome

@jamilaktar5472 29 күн бұрын

Your info is very useful! Thank you so much

@user-gk9ye1mb3u 23 күн бұрын

Myles, outstanding research, thank you for that!

@okhaledtamimi 15 күн бұрын

You haven't come across many recent updates about Mercury bank. However, the new requirements concerning proof of residential address and the need for non-US residents to sign a W9 form seem to suggest that operating a single-person LLC might no longer be feasible. These changes potentially pose challenges for non-US residents seeking to use Mercury bank's services.

@jvvicr Ай бұрын

Great video man. Thanks

@micas290 Ай бұрын

Very helpfull, was really looking for this. Thanks

@Expertslaunch Ай бұрын

Thanks, super helpful. Mercury did just recently opened a Personal account offer but the fee is quite high!

@femifasusi453 28 күн бұрын

This is very informative. Thank you for sharing this.

@gamebm 3 күн бұрын

Thank you so much for the extremely valuable information you provided!

@Zennntopia Ай бұрын

Really great info, Super helpful. Thanks!

@kadmosti9884 2 ай бұрын

Myles, always a pleasure to see you and your great, detailed, structured content. Exceptional work like you have always got us used to. I still remember when I discovered your channel back around 2018. I didn’t miss one video since then. Thank you for the valuable knowledge you share with us. Best wishes

@MylesDunphy Ай бұрын

Wow - thanks! Appreciate you sticking around all this time :)

@uchun 25 күн бұрын

Very clear and concise information. Thank you.

@mehmetarat5366 6 күн бұрын

Great Video Myles! Thanks for putting out all for free for the banks, credit card, ITIN you explained all!

@therelaxedgirl8562 12 күн бұрын

Thanks for this! So informative and helpful

@andaoninao 4 күн бұрын

Thank you! Great value here!

@skpassegna 18 күн бұрын

Formidable, very good and detailed video. Thank you

@marvinrodgers3693 25 күн бұрын

Thanks for the information

@satinderbank4607 23 күн бұрын

Thanks for a well researched content. Appreciate the effort.

@monicaconorquie5942 18 күн бұрын

Thank you for the information. Really appreciate it.

@ashishahujaindia 23 күн бұрын

Super informative. Great research 👍

@marvinespina5208 25 күн бұрын

Super helpful video. Thanks!

@amiralovesart Ай бұрын

Thank you for this 👏

@RenatoML 13 күн бұрын

Excellent work. Liked and subscribed.

@MiriamWalcott 14 күн бұрын

Thanks for sharing this information.

@Weltykvd Ай бұрын

Awesome vid💯

@burakdilsel6384 6 күн бұрын

Hahah loved the ending of the ending of the video that Illinois jersey fire! Your content is gem, I need ITIN, thanks for sharing the company who does it.

27 күн бұрын

Finally, a detailed and well balanced explanation for potential foreign investors, who want stable future planning options. Will pass this video onwards....

@conradlawlam8947 18 күн бұрын

Amazing! Thank you!

@dawielieb 23 күн бұрын

Thx Myles! Would also appretiate a video on Swiss bank accounts for foreigners

@Zii73 2 ай бұрын

THANK YOU SO MUCH!!

@helloawan 22 күн бұрын

thats good information .. thanks

@prhasn Ай бұрын

Brilliant breakdown

@evilasiotenorio7753 3 күн бұрын

Congratulations on the excellent video.

@someoneunknown295 4 күн бұрын

great information bro Thanks alot from all over the WORLD❤❤

@mobernou3917 23 күн бұрын

Legend ! Thanks

@hamzarachid823 Ай бұрын

Thanks man 🙏

@supra4style 14 күн бұрын

🤯🤯🤯 Craaaazy bro how much value and structure you bring in this video! Thank you so much. 👊😎

@supra4style 14 күн бұрын

@@MikelNeigh Nah, I'm fine, thx. But nice try

@fishitube 21 күн бұрын

Great tips!!!!

@Smarthellhound 7 күн бұрын

Awsome bro thx a lot informative video ❤

@divisioSystem Ай бұрын

Great Video !!! And I honestly not make comments but this one deserves it Great Job

@modarhabbal9898 16 күн бұрын

thanks man!

@kenabartholomew5777 23 күн бұрын

Appreciate this video. Been looking for this over a year. Earn my sub.

@OpenAGI Ай бұрын

Good info

@voiceofugur6115 6 күн бұрын

Greatly explained Myles, thank you! Many new US bank options, would love to hear from anyone who try the Dominican ones! For the physical ones in the Mainland, in order to get less rejection especially if it's personal, having ITIN for a non-resident is essential I believe.

@eddierios2834 8 күн бұрын

Thx dude!

@SurenPapanyan 6 күн бұрын

Thank you so much 🔥🔥🔥

@0xdevin Ай бұрын

Thanks man

@rondamon4408 28 күн бұрын

Very useful

@erdemcc 8 күн бұрын

Great video

@aakarshagemhouse3696 23 күн бұрын

good work

@ibrolambo6247 25 күн бұрын

Very helpful 👌🏻👌🏻👌🏻

@tazimulalam Ай бұрын

I am Enjoying it

@ekrembugradilsel6233 6 күн бұрын

Thanks a lot, i want to try the Dominican banks but looks bit catchy, i think the safest is just visiting the US and applying personally, as I heard SSN and ITIN is a must even opening the bank itself not just the credit card

@hafidmohadi8811 9 күн бұрын

This is good. Thanks

@kagi95 2 ай бұрын

Wow super informative, btw I heard Mercury bank is closing business accounts for non resident people who have no ties to the US other than their LLC.

@kagi95 2 ай бұрын

Oh I see you mentioned it haha. Btw Mercury IS launching a new personal bank account option!

@MsMalunga Ай бұрын

Hi, we are actually in a situation right now, we have an LLC but we don't have any operations in the USA and now Mercury has restricted our account. We can't receive funds nor make payments and its affecting our business. We have tried to explain our situation but nothing seems to help at the moment. The organization we use for virtual address isn't helping either Any suggestions on how resolve this will help us a lot.

@ariy7712 Ай бұрын

Did you find any solution? Same situation.. @@MsMalunga

@The70sCarIsMine 28 күн бұрын

@@MsMalunga you can rent a physical address . There are companies that offers real address instead of virtual

@genesisgx4614 25 күн бұрын

@@MsMalungayou could check out another alternative for online banks such as Relay

@mervynmontague1811 5 күн бұрын

Interesting and informative 🇯🇲

@leroymanning9297 2 ай бұрын

Great video! US Credit card has been a real stumbling block for me. Thanks

@MylesDunphy Ай бұрын

Glad it was helpful Leroy 🤝

@alveeey.alveeey 2 ай бұрын

Great informative and detailed video. Thanks brother. I have a question, What about Payoneer?

@CloudExpatTax 4 күн бұрын

Great Video. We have helped many entrepreneurs with ITIN to support their US businesses.

@princemehra12 13 күн бұрын

Thank you it is really useufll

@user-oi5yj8sl1k 27 күн бұрын

great information and transparency thanks. any websites recommendations for opening LLC?

@ERIKsONLINE 17 күн бұрын

Hi there, Schwab mentions on their website: Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value You say that there is a coverage of 250,000 USD on the brokerage account. So how does that work out ??

@jcc6356 26 күн бұрын

Thank you for the video!! Excellent work! Can you please do the same for Italy banks. Cheers!!!

@Johann75 6 күн бұрын

Good video

@josannelochan 26 күн бұрын

Myles sometimes we the viewers watch videos on KZfaq and we're a bit sceptical. I don't know what made me try but I did. Well I opened a Charles Schwab account from Trinidad and Tobago! This is so awesome, thanks for this amazing content!

@ricardowhyte7594 14 күн бұрын

Hello, did you have to deposit the $25k to proceed? If you did not, what was the alternative? I'm noticing in other comments that this still being raised as a gray area.

@melanthios1189 7 күн бұрын

love it

@LeaTex 14 күн бұрын

great info!! and thank you for sharing the document. In Latinamerica is also famous Facebank from PR, similar to the others. Another option can be HSBC, if you have a Premier account in your local country, yo can request a similar account in HSBC USA for free and online.

@MylesDunphy 12 күн бұрын

Great tip about HSBC.

@Takeshisan19921 Ай бұрын

Some crazy value here

@MacChew008 7 күн бұрын

Thank you

@saudwarsi9522 Ай бұрын

Amazing video, thanks a lot. One question. Is it possible to put the link in the comments for Charles Schwab bank. I got confused in the web pages

@E.E. Ай бұрын

Great video. What is your opinion on wise vs revolute vs Skrill and there are probably more alternatives.

@murphaph 23 күн бұрын

Thanks a million for this video Myles. As you rightly point out there are many people looking for money for this information so you have more than earned a like and subscribe from anyone watching this! A good Irish surname as well ;-)

@EduardoSilva-xg5gu 27 күн бұрын

FANTASTIC INFORMATION. THANKS. YOU EARN A SUBSCRIBER ;)

@marcr27 15 күн бұрын

thank you so much! I opened a schwab account from spain!

@HoldMySoda 7 күн бұрын

Did you deposit the 25k?

@RRTVEntertainmentPH Ай бұрын

I would like to share my experience too, because with Bank of America, the fact that I don’t have an SSN or even ITIN, I still got approved for my credit card with BofA, as long as I had an existing bank account with them.

@Elias-yx9gx 25 күн бұрын

Did they ask for a US address?

@tiny_favourites 7 күн бұрын

very good

@shaunkhan409 Ай бұрын

The best video on KZfaq regarding US bank accounts Awesome and thank you. Can you make a video on building US credit for non-resident in 2024 please. Amazing video and informative 👍🏼

@wagnerlucidorio1606 22 күн бұрын

Thanks so much for the video!!! With so many order cancels from Australia I think I need to open a us bank account. With ITIN can I get a Credicard in any bank even at the Citibank? Thanks 🙏🏼

@user-fg1eb8pc7v 21 күн бұрын

Ur the best

@EasyDeutsch Ай бұрын

Thanks! Which Account do you have with Schwaab? The international one doesn´t state anything about a debit card... but that´s the one you have to take if you select "No" when they ask if you are a resident of the US.

@estebanmarin2300 5 күн бұрын

Its not an intuitive page but its there. The brokerage account will have the information of the account if you look for it and also the option to request the debit card in the help section.

@gizemucar2059 6 күн бұрын

I needed ITIN when applying for PayPal, also without SSN to open any physical bank, business or personal account, if have ITIN it's smoother, and less chances of rejection.

@Uzair265 Ай бұрын

I checked internation brokerage account of charles schwabs and it says Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

@shrimpyuk Ай бұрын

This is incredible, didn't even know this was possible! You mention even some credit cards are possible, is AMEX on this list?

@RESENDMUSKSANDS 28 күн бұрын

Amex is available in many westen countries, like Australia you can just apply from their Australian website

@user-es3vg9mn5e 3 күн бұрын

Hi, Apparently you can have a HSBC premier account overseas and remote open a US HSBC account. FYI

@skumar042 Ай бұрын

Awesome and thank you. Very good info, much appreciated your time & effort. Liked it & subscribed your channel. Also, I'll use your links and open a bank account at Charles Shwab, subsequently ITIN too. Cheers, Santosh from India.

@ariy7712 Ай бұрын

Did you open the account?

@paulocarneiro4947 20 күн бұрын

Great video! Thanks a lot! Please clarify, Charles Schwab requires $25k initial deposit or not? You mentioned it's not enforceable. I tried to open a brokerage account with them, filling up the application form and saw that "requirement", so I stopped.

@jojobergberg8837 9 күн бұрын

FDIC doesn't mean your money will be instantly reimbursed. There are multiple cases of banks going under and small creditors being hung and dry. And don't forget the Yotta debacle. Also, Relay for instance isn't insured it is Thread Bank that is their backbone.

@djspin1025 4 күн бұрын

Great content.. Also if you are a non-resident alien.. State National, use the ss4 form from the IRS and get an EIN to use instead of SSN, cheers!

@danielolusesi808 Ай бұрын

This is the best video I've ever watched on KZfaq

@CharlesMartel829 2 күн бұрын

Greetings from Argentina my friend.

@woofolliesmydog8628 Ай бұрын

I opened a Bank of America bank account in NYC in about 30 mins with just my passport. Debit card issued on the spot. Cheque book came 1 week later. Painless.

@PurposeDrivenAlmeda 27 күн бұрын

Was this a business bank account?

@kisstock 7 күн бұрын