EIN & ITIN
There are lots of reasons why an individual may need to open a U.S. bank account in the U.S. as a non-resident. You may need a US bank account if you travel to the USA frequently. You will need an ITIN number to open a U.S. bank account.
Another example might be getting payments from the USA if you work online such as selling products on Amazon.
Besides, many international businesses need to open U.S. business bank accounts to do business with U.S. customers. It will be more convenient and hassle-free of foreign currency and exchange rates. In general, it is strongly recommended that a business entity maintains a separate bank account. This would help keep the entity in compliance with IRS record-keeping requirements and will provide for a better way to manage company’s cash flow.
ITIN, known as the Individual Taxpayer Identification Number, is a tax number that is provided to individuals who are not US citizens but are eligible to become taxpayers in this country. Individuals with this tax number have the right to trade and tax within the US. Even if they do not have SSN (Social Security Number) records. For this, the taxpayer does not need to live in the USA.
If you think you need an ITIN number for U.S. Bank Account, simply fill out this easy ITIN Application form and get your ITIN in 3 weeks!