To carry out personal or business financial operations in the U.S., having a bank account is essential. For investors, entrepreneurs, or foreign individuals planning to live in the U.S., opening a bank account is as critical as visa and company registration procedures. Our Miami-based consulting team offers comprehensive support for managing personal and business account setups quickly, securely, and in full compliance with regulations.
It is possible for a foreign individual to open a bank account in the U.S., but the process requires specific documents and steps. This process can often be complex and varies between banks. Our consulting service helps you choose the right bank and ensures the process is completed smoothly. Many major banks in Miami (Bank of America, Wells Fargo, Chase, etc.) offer services to foreign investors and entrepreneurs.
For clients who want to open a personal bank account, the typical required documents include:
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Valid passport
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ITIN (U.S. tax number) or SSN if available
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U.S. address or temporary mailing address
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Proof of address (utility bill, lease agreement, etc.)
Preparing these documents accurately and completely ensures that the banking process is finalized quickly. Our consultants gather the required documentation on your behalf and compile a complete application file.
While some banks allow remote or online account opening, an in-person visit to a branch may be required for the initial application. In such cases, we assist you by setting appointments and accompanying you to the bank in Miami. If needed, we can act as your authorized representative via power of attorney to handle the process remotely.
For clients wishing to open a business bank account, the process is more detailed. First, a U.S.-registered company (LLC, Corporation, etc.) must be established. After company formation, the following documents are typically required:
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EIN (Employer Identification Number)
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Operating Agreement
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Articles of Incorporation or Formation
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Passport and ID of the company owner
These documents are submitted with the bank application. Business accounts are vital for managing income and expenses, paying taxes, and handling employee salaries. Additionally, U.S.-based bank accounts are often required to connect with digital payment systems like Stripe or PayPal.
Another important aspect of opening an account is the "monthly maintenance fee" charged by some banks. Certain banks apply this fee if a minimum balance is not maintained, while others offer free account types. We recommend the best bank and account type based on your needs and inform you in advance about any hidden fees.
Opening a bank account in the U.S. means becoming part of the financial system—not just depositing money. A bank account is essential for building credit, paying bills, and applying for credit cards. For those planning long-term investments or residency in the U.S., this is the first step.
Your bank account also facilitates mortgage applications, tax payments, and investment transfers. In a financially active city like Miami, working with the right bank makes a difference in terms of time and cost efficiency.
In summary, we provide end-to-end support in opening personal or business bank accounts, including gathering required documents, setting appointments, choosing account types, and managing the application process. You can focus on your business or investment goals—leave the banking logistics to our expertise.
Real Success Stories
Customer
I wanted to buy a house in Miami but the process was very complicated. Thanks to them, I easily found the most suitable location and house. All transactions were completed safely.
Customer
I was impressed by their special attention and guidance to women entrepreneurs. They showed with numbers whether the investment really makes sense or not.
Customer
Interest rate, payment plan, application... I was informed in detail about everything you can think of. I used my loan without any problems.
Customer
I needed to set up an LLC for my e-commerce venture. They even explained the tax structure. My company and bank account were ready in a few days.
Customer
My time was very limited but the team organized everything. Appointment, documents, account selection... everything was perfect.
Frequently Asked Questions
Yes, many banks allow account opening with a passport and ITIN.
Major banks like Bank of America, Chase, and Wells Fargo offer this service.
Yes, most banks require a US address verification.
Opening is usually free, but there may be monthly maintenance fees.
