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Getting a Bank Account as a US non resident..

Discussion in 'Business & Tax Advice' started by GrahamCrackers, May 10, 2015.

  1. GrahamCrackers

    GrahamCrackers BANNED BANNED

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    I have been working on the steps. I used a few people as my guinea pigs. I needed to be sure that it worked. I am going to list the steps. You can do this on your own. You should have a pal that you can trust to help you be your ghost. Or you can use a Registered Agent company. Neutral. They don't care about anything unless they are getting paid. This is a grey hat method.

    If you go ask your bank, OF COURSE they are going to tell you can't do it because they don't want to deal with the hassle, and yeah. It's the bank, okay? They want you to be limited.

    It really is easy. It has some loops and twists so be prepared.

    Step 1: Find the bank you will be okay with. I recommend Chase, Regions, and Bank of America. Wells Fargo sucks. Period. They have too many fees and they require you to set aside a set amount if you are self employed. You should not have to worry about someone trying to play mommy with you. You are a grown adult. Take care of your responsibilities. Chase is awesome. They are used to International transactions. Regions has a Western Union portal, so you are able to transfer the cash you have. It has it's perks. Bank of America is also pretty solid. They hold a strong hold on Small businesses in America.

    Step 2: Realize that you need to set aside about 15% of your earnings in order to pay taxes. Yes, taxes are inevitable in America. Sucks but it's worth it. I promise. I have recommended that there be about 20% just to be on the safe side but it's up to you. Your R.A can assist you in this process.

    Step 3: Finding someone you trust and can rely on to help you get an American address. UPS stores are the best to utilize. They have a street address which most businesses require. When you order from some businesses. They will even say in the ordering process, No PO boxes, etc. With a UPS store, you get 123 street #134 barnes, wherever, USA zipcode. The next step is going to be requiring this as well.

    Now here is where it gets fun and you are getting excited with all the possibilities that this will bring you. Trust me I understand and I am ready to show you the blueprint. You are asking about that TIN, SSN, whatever, huh? Well that R.A who is enabled to do this can use a number that acts as your name when setting up your business OR you can use the company that you set up that gets an EIN regardless because you have a corporation in US. Pretty freaking swell, huh?? so simple yet people try to make it so complex. It's not. As an R.A. company, they have the means to bring you business or even personal in the US with a D.B.A (Doing Business As) You get the EIN (Employee Identification Number) You are officially golden.

    Step 4: Register your business, get it all squared away. After 6 months, if you wanted a personal account. Since you will be considered a US business owner, you will be eligible for a personal account WITHIN that bank. No others because you have not established yourself there. Make sense.

    You are able to get an account. Yes, they will tell you no but it is possible. C'mon now, if it's in our brains then it means there is possibility. I feel there are things I am missing, but eventually they will be answered.

    I wish everyone the best of luck. OH!! Remember that the R.A will ask you for a deposit, the money to put in the bank and the money for the set up. There is NO money that is needed for an EIN. NONE WHATSOEVER!!

    Does this help? Hopefully :) Again, the best of luck in all your endeavors!

    Graham




    P.s. I remembered what I was missing!! Your bank cards! Okay so once you get the account. You will have online access before you have card access. THIS WORKS FOR INDIANS as well. Since you are NOT a personal entity. Got, good, let's carry on. Normally, bank cards take 14-21 days to get to your homeland. Unless you get DHL. Or some quick UPS service. Your UPS store and R.A will help you with this.
     
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  2. GrahamCrackers

    GrahamCrackers BANNED BANNED

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    YES!! I remembered! You will be eligible for merchant accounts, and all the perks that you will desire as a US bank owner.

    I remembered as I was writing but didn't think to answer it. I'm old, forgive me!
     
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  3. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    How many threads are you going to open to spam your service?
     
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  4. GrahamCrackers

    GrahamCrackers BANNED BANNED

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    Its not a service. So how many threads are you going to troll acting like you do. This is just to help people who are trying to expand their business horizons. No profits have been made from me talking about this. I am just trying to post things that will be beneficial to the community.
    Have a great day.
     
  5. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    You selling crackers?
     
  6. GrahamCrackers

    GrahamCrackers BANNED BANNED

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    Nah. I eat my supply.
     
  7. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    Get off me, you have a hidden agenda and I know it, just waiting for you to come out of the bush my friend. You should sign up at the TG forum there are many associates of yours, oh wait, I'm sure you are already a premium member there.

    At least you could buy a Jr. Vip so you support this forum with something useful. Posting several threads about the same shit doesn't help anyone here and you can do it in a simple sentence. Without personal visit no us bank account for anyone, that simple, and this is bases on your statements and claims only! It don't need 3 - 4 threads!
     
    Last edited: May 11, 2015
  8. GrahamCrackers

    GrahamCrackers BANNED BANNED

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    First of all I have no hidden agenda. I can say the same about you posting in all these threads with your signature. I don't even know what TG is so again there ya go putting things out there that's not even relevant information.
    The reason I posted was because people had been asking me and I do want to be helpful. As much as I can be.
    You'll be waiting a long time for my agenda. Since I don't even have one.
    So seriously get off your high horse and when I'm eligible for Jr VIP I'll be buying one to support my community.
    Man, you have an air of negativity about you. Relax for real.
     
  9. jamesshaffer25

    jamesshaffer25 Regular Member

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    i got confused what's R.A?
     
  10. GrahamCrackers

    GrahamCrackers BANNED BANNED

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    A registered agent.
     
  11. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    I checked with bank of America and they require the person to come to a bank to open a business account if they aren't from the U.S. With Chase bank you can't open a bank account online either it has to be at a branch.
     
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  12. digitalmarketer

    digitalmarketer Registered Member

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    For non US residents I recomend to use Payoneer. They will open a US account for you without any hassles for FREE and you can use it with your Paypal account. Also you will receive a visa debit card anywhere in the world. If you need more info you can send me a PM.
     
  13. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    I just have a problem that you ask for $500 without to be able to clarify exactly what this amount has to be spend for. You only mention and tell about the $200 for the bank.. What about the final $300 is the bank smoking them while they decline each and every foreigners application. Or do you keep them to be able to pay a Jr. Vip on BHW or where are the $300 going, please explain?

     
  14. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    Is there any benefit to having a US bank account over some EU ones? There are so many threads on US bank accounts and few on bank accounts on lower tax EU nations that do work with paypal.
     
  15. GrahamCrackers

    GrahamCrackers BANNED BANNED

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    That's what the person who is your registered agent is for. That's why you get someone who can act on your interest.

    I don't need the money but you need 500 for most business accounts for a deposit into the account. A personal account would be about 100 in one and 100 in savings (Yet you need to be a business, you need to be established before they will even consider you an account) Then you need to pay for the address that you will be using. You think that UPS is going to let you have an address for free? Remember things cost money in order to get somewhere. There really is no profit from someone willing to stand on your behalf to get the account opened. If you open a business entity, in that alone can range from 300-500 dollars alone. In registration fees. To legally set yourself up, you would HONESTLY be looking at $1,000 dollars to set up.

    An LLC, at least $100 to start (processing), then you have the registration fees that you have to pay to the state, etc.
    An Address - 200-300 depending on the features. UPS will require a min. of 3 months up front.
    Bank deposit for a business is at least 300 dollars, I saw an online bank advertising, but most banks require $500.00 to start

    There is a lot of benefits to getting a US bank account. It helps you with business. Opens your horizons a bit. Many businesses who are originated from overseas are often tied with the US. I researched this as a possible avenue but I see it would mainly be to just help my associates to bridge the gap. I have heard many tell me that they want to have the credibility.

    ----
    Anyone who has a US business can stand for someone else in order for you to get your stuff registered.
     
    Last edited: May 12, 2015
  16. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    It opens up a really big hole for fraud, financing of terrorism and scam's on both sides of the table and loooooots of trouble with a good chance to visit your local prison. I'm sure you wont get any Lawyer to jump into this deal and not at all providing this "option" for the people we are talking about that are looking for it. Though it sounds interesting even though I won't touch it. For someone desperately it may be his only choice. Like a crack whore who desperatly need money to get her crack.

    I'm still not convience that this is a valid solution for other business activity than a scam and for sure you are not here to offer this "guide" without any commercial interest. Time will tell.
     
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  17. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    But even with the RA getting the company account t I think you would need to still go to bank to get added on as a authorized user.

    Also with credability it doesn't matter if your company is in America or not. If your providing crappy serice it will get out just like a non US company providing quality service will be trusted and praised