U.S. Company Bank Account Guide (2025)

monmonq1
Jun 15
1 min read

Opening a U.S. business bank account is essential for managing transactions, building credibility, and accessing global markets. Whether you run an LLC, C-Corp, or foreign-owned entity, here’s everything you need to know.

✅ Why Open a U.S. Business Bank Account?

Accept USD payments easily
Access U.S. financial infrastructure (Stripe, PayPal, etc.)
Separate personal and business finances
Build credit and relationships with U.S. banks

🏦 Top U.S. Banks for Business Accounts

📄 Documents Required

1️⃣ Company Formation Docs (Articles of Incorporation / Certificate of Formation)

2️⃣ EIN (Employer Identification Number) – IRS issued

3️⃣ U.S. Business Address (or use a registered agent address)

4️⃣ ID of Owner(s) – Passport or driver’s license

5️⃣ Operating Agreement (for LLCs)

⚠ Foreign Owners: Many fintechs (e.g., Mercury) do not require U.S. citizenship or residency.

🌍 Can Foreigners Open U.S. Business Accounts?

Yes. Many online banks allow non-residents to open accounts remotely. However, major traditional banks (like Chase, Bank of America) often require in-person visits or U.S. address verification.