How do I open an American bank account?
Opening an American bank account as an international business is often a surprisingly lengthy and complex procedure. First, you will need to have established your business as an entity in the US by forming a subsidiary first. Ask your lawyer to help you open a business bank account in America.
Before you can open an American bank account for your business, you will need to have established your business as an entity in the US. This will require you to have formed a subsidiary. Only then can you open an American bank account. However, the process is renowned for being complex and lengthy, so ask your lawyer to assist you:
- If you have created a LLC, you may need more than one business bank account.
- You may also need to open a US bank account in person, but it is also possible to open an American bank account remotely in some instances.
Make sure that you have all the necessary documentation to hand, including paperwork to prove that you’ve registered your business in the US: these will most likely either be called ‘Articles of Organisation’ or ‘Articles of Incorporation’ depending on the legal structure of your subsidiary.
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