These days, many individuals work remotely for firms which can be primarily based in several nations. If you’re working remotely for a U.S.-based firm, you may want a U.S. checking account to handle your wage and funds simply,however it comes with sure necessities, particularly for non-U.S. residents.

These steps will clarify how one can open a U.S. checking account from one other nation, which might help you deal with your cash extra successfully.

 Listed below are the steps you possibly can observe:

1. Select the Proper Financial institution

Search for worldwide banks which have branches globally, like HSBC and TD Financial institution, which can provide simpler choices for non-residents. Alternatively, on-line banks comparable to Clever are good decisions. It’s famous that Clever is preferable because of issues about Revolut’s market presence.

2. Required Documentation

Social Safety Quantity (SSN) or Particular person Taxpayer Identification Quantity (ITIN): Most banks want one among these numbers to arrange an account.

Proof of Identification: This may be your passport or any government-issued ID.

Proof of Tackle: Whereas some banks require a U.S. tackle, others settle for overseas addresses. Paperwork like utility payments or official letters could also be used as proof.

Supply of Revenue: To adjust to anti-money laundering legal guidelines, you may want to supply documentation that confirms the sources of your funds.

3. Utility Course of

Go to the financial institution’s web site to finish the web software. Be ready, as some banks could ask for a video interview to confirm your id.