Frequently Asked Question to Open US Account.

How long will it takes to open my US Bank Account?

It will take less than 2 weeks from the day you send out your application forms. "2 weeks" is actually the time it takes for your air mail to reach the bank’s office in the US. If you use a courier service like FedEx or UPS, it will take less than a week! Once they have received your forms, they will process your application within 1 working day. After your account application has been approved, they will send you a confirmation email so that you will know that your account has been opened. So far, none of my clients have been rejected.

What is needed to open USA bank account?

The bank just ask you to send the applications and the copy of your passport to open your account. You will send the money after the bank send your account documentation, account number and web site password for e-banking.

Is there a initial deposit?

Is there any minimum balance?

It depends on the option account you choose. Click here for more details

How can I make my initial deposit?
You can use Paypal, Stormpay, 2Checkout or any services that accept ACH transfer. Other ways you can make your first deposit: mail your deposit (personal, cashier's, bank, or other check) directly to the bank, Wire your money. Then you can deposit: ACH deposits, banks wire worldwide, Personal checks, Certified checks, Money orders, Cashier's checks, Corporate checks, Debit and credit card checks, Foreign checks payable in U.S. dollars and through a U.S. Bank, Temporary checks.  

Are deposits with the Bank insured?
Yes, Bank deposits are FDIC-insured up to $100,000.00. More information at www.fdic.gov . Also the institution is SIPC member more info at SIPC. 
 

What other documents do I need?
None. The only document you will need is a photocopy of your passport. The photocopy does not have to be notarised.

I don't have a passport. Can I use any other ID?
The bank announce that you need a passport or any other government issued photo ID. I used my passport that's why I recommend it.

How can I withdraw my Paypal funds?
You will have the instructions in how to set up your Paypal, Stormpay, 2Checkout or any other account that accept ACH transfer to send your funds to your US Bank account.

How much can I withdraw with my ATM card?
If you use your VISA ATM card, you can withdraw up to $500 a day. There are no fees in using your card.

Is my VISA debit card accepted internationally?
Yes. Your VISA is international. You can use to withdraw money from any ATM, to shop on line or wherever VISA is accepted.