Are you interested to sell in Ebay? Do you
want to sell with PayPal, Stormpay 2checkout?
Need a US Bank Account as a Non-Resident?
Ever since the Patriot Act was signed in 2001, opening a US Bank
Account as a Non-Resident Alien is VERY difficult. But we have a
If you are a non-resident alien of US, I am sure you will be
having a hard time opening a US bank account!
What are the Advantages of this
You can deposit USD checks issued by a US bank to your
account as long as the check is payable directly to you. You just
need to fill up a deposit slip, endorsed the back of the check and
mail to them. Deposit slips are FREE and can be ordered
easily from online banking. If you deposit your USD checks in your
local bank, the bank will usually charge you at least USD10
commissions! And worst, you have to wait 4 to 6 weeks before you can
really see your money. By using a US account, you do not pay any
commission and you check will cash within a few days.
Extremely Easy Paperwork. Requires only a photocopy of
your passport. You don't even need any certification, notarization
No reference letter from other banks required. No credit
Receive Inward Wire Transfer from anyone. It has an
international SWIFT code and Routing Number.
Very Powerful Online Banking that make your banking easy,
for example check your balance, view transaction history, reorder
check book, reorder check deposit slips, transfer money to and from
other bank accounts, etc.
Initiate ACH transfer TO and FROM your other US bank
accounts for FREE! (i.e. Valis Savings, Mt Morris Savings ...).
You can choose electronic statements (PDF) or paper
Initial Deposit of $1,000 only.
Excellent 24/7 Email and Phone Support.
Publicly Listed Company traded on NYSE (New York Stocks
What are the Disadvantages of this account?
||You can only send outward wire transfer to yourself (beneficiary
name = your account name). If you need to send wire to an
account that is not the same as your account name, a
notarized letter is required.
||You can only deposit USD checks drawn on a US bank. You
cannot deposit foreign currency checks and checks drawn on
||Working only Partially with PayPal. You can link
your account to PayPal and verified your account. You can
transfer money FROM your PayPal account to your Bank Account
BUT you cannot transfer money from your Bank Account to
your PayPal account. In other words if you are in PayPal,
you can "Withdraw Funds" to your bank account but
not "Add Funds". Thus you will not be able to send
eCheck as well. I have check with the bank and they say they
DO NOT blocked anything at all and it should had go through.
I tried to communicate with PayPal and they asked me to use
* That means you can still use your PayPal account to
receive money and withdraw them to the bank account. You can
then withdraw cash from your local ATM machine using your
Visa ATM check card. There is no service charge on using
your ATM check card.
||All information is valid only for an individual account.
It doesn't work with company account (you might get the
account but you definitely can't get the debit card).
||The following countries are not allowed to open an
account - Canada, Cuba, Iran, Iraq, Libya, North Korea,
Sudan, Liberia, Sierra Leone, the UNITA faction in Angola,
Syria and Burma (Myanmar)
Copyright © 2003-2013 Banca Extranjera su Consultora