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Updated over 8 years ago on . Most recent reply

User Stats

43
Posts
20
Votes
Tzook Bar Noy
  • Rental Property Investor
  • boca raton, Fl
20
Votes |
43
Posts

Any ideas for opening a US bank account for foreigners

Tzook Bar Noy
  • Rental Property Investor
  • boca raton, Fl
Posted

Hello BP's,

I'm not a US citizen and I would like to open a US bank account.

Any ideas on best options, and more importantly the provide service and support online.

Thanks!

Most Popular Reply

User Stats

238
Posts
168
Votes
Dani Beit-Or
  • Investor
  • Irvine, CA
168
Votes |
238
Posts
Dani Beit-Or
  • Investor
  • Irvine, CA
Replied

Hi Tzook (Ahalan), 

Opening a US bank w/o stepping into a branch is currently not possible to do (terror and money laundering are the reason).

If you plan to visit the US than you can go into a branch and do so. 

You may be able to use your paypal.

Many times bank is not a MUST have but a nice to have when it comes to investing - but may vary based on your needs. 

If you have a relative who's willing to open you an account under his name it would be a possibility. 

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