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Updated almost 5 years ago on . Most recent reply

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Nahum Ella
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Bank Account for Foreign Nationals

Nahum Ella
Posted

Hello everyone,

Me and my partners live in Israel and recently closed our first deal in OH Cleveland, 

We have opened an LLC in OH and are looking to open a bank account for the LLC for future rental income.

Would appreciate your suggestions for a foreign-investor-friendly bank that would enable us open bank account remotely without having to travel to the US (Thanks to Corona we have no other way)

Thanks,

Nahum.

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Felipe Lois Affini
  • Flipper
  • Anna-TX
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Felipe Lois Affini
  • Flipper
  • Anna-TX
Replied

Hi @Nahum Ella,

In the past, I used some local banks in Florida where I could open it remotely. But right now the bank that I use requires you to show up at the branch to sign some papers. You can start the process (send the documents, choosing the type of account you want, etc) remotely but the banks that I know require that, in the end, you show up and sign to get the account open. 

I don't know if you have a personal account yet, but I found harder to open a business acct that a personal (having the personal helped me to open the business one).

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