It’s Easier Than Ever to Bank in the US without Living There

It’s Easier Than Ever to Bank in the US without Living There: Here’s the Why and How  

If you’re a non-US citizen considering opening a bank account in the US, Gregory Finkelson of American Corporate Services shares his guidance on the hows and whys of this process.

Why Do I Need a US Bank Account?

There are a few different reasons you might want to open a US bank account as a non-citizen, depending on your own personal circumstances. These may include:

  • Preparation for a move to the United States: having an account with funds already deposited in the country can help to make your immigration process easier – this is required for such visas as L-1, E-2, EB-5, EB-1C, and some others.
  • Business activities in the US: most banks in the US will require that your business is based in the US in order to open an account for you.
  • Reduce costs of transacting: having a bank in the US will help you to avoid exorbitant bank and card fees when you spend and/or receive money in the country.
  • Transactions are insured: even non-residents can have bank transactions up to $250,000 insured by the Federal Deposit Insurance Corporation (FDIC).

Which Banks Can I Choose From?

Gregory Finkelson lists the following banks among those that non-US residents can easily open accounts with:

  • City National Bank
  • Bank of America
  • Pacific Western Bank
  • Wells Fargo Bank
  • Preferred Bank
  • Chase Bank

How Do I Open a US Bank Account as a Non-Citizen?

It is highly recommended that you use a service based in the US to arrange your bank account on your behalf. This not only speeds up the process, Gregory Finkelson explains, but you’re assured that no red tape will stand in the way of the account being opened.

Using a service such as American Corporate Services to open your US bank account means you have the following two options:

  1. ACS will help you to prepare all necessary documents, will arrange the appointment with the bank, and ACS’s employee will be present during the meeting with the banker.
  2. You don’t have to do all of the legwork yourself. You simply send through the required documents and they will do the rest.

What Services Can I Expect to Have Access to?

As a non-US citizen banking in the US, you can expect to have access to:

  • Global wire transfers
  • Online banking
  • Checkbook
  • Debit cards (Visa or MasterCard)
  • U.S. bill payments
  • Zelle

What Forms of ID are Accepted?

The service you elect to choose will advise you on the type of ID you can use to open an account. In general, depending on your location, most banks will accept one of the following forms of primary and secondary identification:

  • Foreign passport
  • U.S. non-immigrant border crossing card and visa
  • Citizenship certificate card
  • Consular ID
  • Foreign driver’s license
  • Voter registration card

Get Banking Freedom Today

Banking in the US is not as difficult as it may seem for non-citizens, says Gregory Finkelson. By making use of a reputable service and providing the required documentation timeously, your US bank account could be open sooner than you think.

How to Make an Effective CV in 2022?

Are you looking for the best tips for making a killer resume? You have come to the right place since you will find below some tips for creating a quality curriculum vitae. Those tips will help you build a modern, attractive and relevant resume this year.

Use a CV Maker

Writing the CV, the cover letter and then the application email all take time, especially if you do not have a perfect command of computer tools and/or if you are out of inspiration. To fight against the anxiety of the blank page and save precious time, it is advisable to use a cv maker uk in order to create your CV directly online. Many specialized sites allow you to quickly and simply obtain a quality and personalized resume. Some platforms even go further by offering additional tools for writing cover letters and propose recruiter email templates. Often free, an online CV creator generally has a premium formula giving unlimited access to all their CV templates and to their advice section.

Get your CV Proofread

We really want to specify that your curriculum vitae must be perfect in terms of spelling and grammar. Once it Is finished, read it at least three times.  To avoid any eliminatory error, have it proofread by someone you trust because there can be mistakes that have escaped you. By dint of spending time on a document, it is normal to no longer detect mistakes or typos. By putting it under a fresh eye, you reduce the risk of sending a document with an awful careless mistake or awkward wording that will totally ruin your application.

Think about Bots

This may sound like a weird trick, but let us explain! In order to stand out and attract the attention of the recruiter, you will most certainly take care of the layout of your CV. For this purpose, you will probably use text or image blocks, which are easier to manipulate. Great idea, but on paper only. Indeed, recruitment firms and other headhunters benefit now from the help of robots analyzing the thousands of CVs received in order to make a first skimming according to the keywords. Dumb and disciplined, these electronic assistants cannot, for the most part, read the contents of these blocks. Therefore, it is quite possible that you will never receive a response simply because your CV does not pass the first filter, even though you have the perfect profile.