Introduction
Are you wondering how to create bank account in USA? Whether you’re a U.S. resident, student, non-resident, or international entrepreneur, opening a U.S. bank account is easier than you think—if you follow the right steps.
This guide will walk you through the process, requirements, and bank options available.
Who Can Open a Bank Account in the USA?
You can open a bank account in the USA if you are:
- A U.S. citizen or resident
- A non-resident with valid documents
- An international business owner
- A student or tourist (limited options)
Documents Required to Open a U.S. Bank Account
For U.S. Residents:
- Government-issued photo ID (Driver’s License, Passport, etc.)
- Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)
- Proof of U.S. address (utility bill, lease, etc.)
For Foreigners or Non-Residents:
- Valid Passport
- U.S. Visa (if applicable)
- ITIN (preferred, not always mandatory)
- Foreign address and U.S. mailing address
- Initial deposit
Step-by-Step: How to Create Bank Account in USA
1. Choose the Right Bank
Pick a U.S. bank that meets your needs. Some top options include:
- Bank of America
- Chase
- Wells Fargo
- Citibank
- TD Bank
- Online Banks (Chime, Wise, Mercury)
2. Select Account Type
Most people choose:
- Checking Account – For everyday transactions
- Savings Account – For storing money with interest
3. Apply In-Person or Online
Visit a local branch or apply online if the bank offers that feature to non-residents.
4. Submit Required Documents
Provide the bank with your identification and address proof.
5. Make an Initial Deposit
Some banks require a minimum deposit ($25–$100 or more).
6. Start Using Your Account
Once verified, you’ll receive a debit card, online banking access, and routing/account numbers.
Can You Open a U.S. Bank Account from Overseas?
Yes, some banks allow you to create a U.S. bank account remotely if you:
- Use an international bank with U.S. presence (e.g., HSBC, Citibank)
- Work with fintech companies like Wise, Payoneer, or Mercury
- Use a U.S. Registered Agent and address if opening for business purposes
Tips for Foreigners
- Get an ITIN if you don’t have an SSN
- Use a U.S. mailing address (friend, business, or Registered Agent)
- Choose banks familiar with international clients
Conclusion
Knowing how to create bank account in USA is vital for business, travel, or personal finance. With the right documents and bank, it’s a straightforward process. Whether you’re in the U.S. or abroad, you can find a solution that fits your needs.
