Doing business from the USA is quite smooth as compared to other countries across the globe. Moreover, customers from various countries feel more safe paying into USA bank accounts or payment gateways. But visiting the USA on a business visa and open business bank account can be a costly affair. In this detailed article we will explain how you can open a US bank account for your business without visiting the USA.
Formation of LLC
The first and most important step before opening a USA bank account is to setup a Limited Liability Company (LLC) in the United States.
This can be done online without having to visit the country. E-StartupIndia can help you get LLC Company Registration in the USA from India with ease in any state such as Wyoming, Delaware, California, Washington,etc .
EIN Registration
Only obtaining USA LLC certificate of incorporation not sufficient to open USA Bank Account. After USA LLC Company Registration, you need to apply for EIN i.e. Employer Identification Number. Once you apply for EIN, you will get EIN within 15 working days.
From choosing a US state till obtaining an EIN, you don’t have to worry about anything. You can call experts at 8881-069-069
Apply Business Bank Account
After obtaining USA LLC and EIN, You can open a USA Bank account in two types of banks.
1. NEO Banks
The NEO Banks in the USA operate entirely online and offer services that are easy to use for international business owners.
Some of the best NEO Banks that you can use are:
- Payoneer: It offers multi-currency accounts, global marketplaces integration at low transaction fees , no minimum balance requirements and much more. Exceptionally, payoneer provides a personal manager to whom you can contact directly for any support. Apply Payoneer Account Online
- Mercury: It offers you no fee banking services which means no monthly maintenance fees, but transaction fees, and no minimum balance requirements. In addition, it has a quick setup process. Apply Mercury Account Online
- Wise: This bank offers low cost international transfers, about 50 currencies bank account and local bank details among other benefits.
If you need to find out which NEO Bank will best meet your requirements, you can consult a professional and experienced CA at 8881-069-069.
2. Core Banks
If you prefer a traditional banking experience, you can choose Core Banks. However, opening an account with these banks can be complex. You might also need to get a visa and travel to the USA to open an account in such banks.
Two most popular core banks in USA for International Business owners are:
- JP Morgan Chase
- Bank of America
If you want to open a bank account in the above banks without flying to the USA, it can be possible. Our experts can help you open bank accounts in such banks. You can consult them for free at 8881-069-069
Conclusion
Opening a USA bank account without visiting the country is now possible. With the right guidance and assistance, you can successfully start your business in the USA.
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Moreover, If you want any other guidance relating to opening a bank account in USA, please feel free to talk to our business advisors at 8881-069-069.
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