U.S. BANK ACCOUNT

We only open BUSINESS ACCOUNTS.

To qualify for a U.S. business bank account you need:

1. U.S. Company with EIN
2. Foreign passport
3. A business website

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Countries that do not qualify for a U.S. bank account:

If you or one of your business partners lives or significantly operates in one of the following countries, we cannot currently offer you an account.

Belarus
Burundi
Central African Republic
Crimea
Cuba
Democratic Republic of the Congo
Iran
Iraq
Lebanon
Liberia
Libya
Nicaragua
North Korea
Russia
Somalia
South Sudan
Sudan
Syria
Venezuela
Yemen
Zimbabwe

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How long it takes to open a U.S. business bank account?

It takes about 7-14 business days to review all of your information, prepare any additional required documents, submit the application to the bank and follow up with the bank's new account department until they approve the account.

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Which banks we work with?

We work with relatively small U.S. banks that allow non residents to open business accounts without travelling to the U.S. All the banks we work with are insured by The Federally Insured Cash Account (FICA) - same as the big banks like BOA / CHASE / WELLS FARGO. All the banks we work with offer complete online banking and debit card 

When we select a bank, the most important criteria is the Features and fees:​

  • Account opening : Free

  • Minimum deposit: $0

  • Monthly fees: $0

  • Overdraft fees: $0

  • Checking account

  • Savings account

  • Debit Card

  • Savings Account Earnings Rate: 1%

  • Incoming & Outgoing ACH : Free

  • Checks: Free

  • Domestic wires : $0 - $10

  • Outgoing International wires: $40-$50

  • Incoming International wires: Free

Important:
The banks we work with are fine for annual sales of 100,000,000$ or less

If you have more than that - you should not sign up with us 

And:

All the banks we work with include ACH credits and debits . This is the USA system for bank to bank domestic transfer . Amazon / eBay / PayPal and other USA e-commerce companies uses the same system

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Which information & documents we need?

  • For each owner:  copy of valid passport