Setup U.S Physical Bank 🏦

Establishing a U.S. bank account as a non-U.S. resident offers access to the American financial system, facilitating transactions and investments. Prominent banks such as Wells Fargo, Chase, and Bank of America provide account options tailored for non-residents. However, these institutions typically require an Individual Taxpayer Identification Number (ITIN) for account opening. The ITIN serves as a tax processing number issued by the Internal Revenue Service (IRS) to individuals ineligible for a Social Security Number, enabling them to meet tax obligations and access financial services.