Questions

How can I open a US bank account for an LLC without traveling to the USA?

I'm a sole member of WY-based LLC but living in Europe and I need to set up an LLC bank account without traveling to States. Any ideas how to do it? Thanks

4answers

Short & Long of it: You cannot.

The current rules BSA, et. al. stipulate that you would have to be physically present in the branch to open an account and present your ID and company credentials. Anyone telling you otherwise is not correct.


Answered 6 years ago

I am based in Canada and ended up opening a US bank account with Harris Bank in Chicago without physically visiting their office. This was about 4 years ago. So maybe contact them and see if they could help you.


Answered 6 years ago

You could hire a CFO in the states and have the board authorise them for banking. Then they could open the account. Many companies get their banking done this way in the US (think of Multinationals).


Answered 6 years ago

It is fairly difficult to open a U.S. bank account online if you are not a U.S. citizen. U.S. citizens are able to open accounts online because they have a social security number (SSN) to verify their identify. For non-U.S. residents without a SSN, you'll generally have to physically visit a branch location in the U.S. to open the account. The bank representative will examine your documents (passport, drivers license, LLC formation documents, etc) necessary to open the account. In recent years, however, there are more online banking options where a non U.S. resident can open an account remotely. Some of these banking providers include Transferwise, Mercury.co and Payoneer.


Answered 7 months ago

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