How Expand CPA helps you open a U.S. bank account
Opening a U.S. bank account as a foreigner or non-resident involves several administrative steps. Expand CPA offers personalized support to simplify the process and help you meet all banking requirements — even from abroad.
We start by analyzing your needs and identifying the type of account you should open. Then, we help you gather and prepare the required documentation, which typically includes:
- A valid passport
- A utility bill or other proof of address
- A driver’s license (if available), or another form of government-issued identification
- Company formation documents (for business accounts)
- A valid ITIN or alternative taxpayer number if no SSN is available
For foreign businesses, we handle the EIN application with the IRS — a mandatory step to open a corporate account. Our team prepares and files the necessary forms on your behalf, so you don’t have to deal with the U.S. administration directly.
We also assist in selecting the right financial institution, based on:
- Your business profile or personal status
- Expected transaction volume and deposit requirements
- Preferences for online banking, low fees, or international accessibility
If you’re unable to travel, we coordinate the entire process remotely. From first contact with the bank to the final submission of your application, we make sure everything is ready and aligned with the institution’s expectations.
Business bank accounts for foreign companies
If you’re setting up a company in the U.S. — especially a LLC — having a dedicated business bank account is essential. Expand CPA helps foreign companies navigate the banking process, even without a physical presence in the country.
We start by helping you secure an Employer Identification Number (EIN) from the IRS, which is required to open any business account. Our team prepares and files the necessary forms on your behalf, so you don’t have to deal with the U.S. administration directly.
We also guide you through the specific banking requirements for non-resident companies, which can vary depending on the institution. These may include:
- A registered business address
- A clearly defined business activity
- A minimum opening deposit
- Valid identification documents for the company’s founders
Some banks may also require proof that your company is already operational or generating income before approving the account. Expand CPA helps you anticipate these conditions and build a solid, compliant application.
Finally, we assist you in selecting a financial institution that is accustomed to working with international clients and supports remote onboarding — making the process faster and more efficient.
Why choose expand CPA?
Expand CPA is a Franco-American firm with offices in the United States, France, and Tel Aviv, specializing in supporting foreign individuals and international companies with their U.S. expansion. Our team combines deep local expertise with an international perspective to help you navigate the U.S. banking system with confidence.
With extensive experience assisting non-residents, expatriates, and European businesses, we understand the specific documentation, tax requirements, and institutional expectations needed to open a U.S. bank account — whether personal or business. Our approach is practical, responsive, and fully tailored to your unique situation.