Let’s be honest — opening a U.S. bank account as a non-resident used to feel almost impossible. Between endless documentation, strict identity checks, and the notorious Social Security Number (SSN) requirement, many foreigners simply gave up. But things have changed dramatically over the past few years. In 2025, banks and fintech companies are making it much easier for international individuals, expats, students, freelancers, and entrepreneurs to open accounts — even without an SSN or U.S. address.
If you’ve ever thought, “I wish I could open a U.S. bank account without living there,” this guide is for you. We’ll break down the best options available right now, what makes each one unique, and how to choose the right account for your needs.
Why Non-Residents Need a U.S. Bank Account
Before diving into the list, let’s talk about why having a U.S. bank account matters — even if you don’t live in the U.S.
For starters, a U.S. bank account makes it easier to get paid. Many international freelancers, remote workers, and small business owners work with American clients or companies that pay in U.S. dollars. Without a U.S. account, you could lose money in conversion fees or wait days for international transfers.
Secondly, it allows you to save money on transaction fees. Transferring money through traditional methods like wire transfers or PayPal can be expensive. A U.S. checking or digital account lets you make direct ACH transfers with little to no fees.
And finally, a U.S. bank account gives you financial credibility. It can help you build a U.S. banking relationship, which becomes useful if you ever move to the U.S., apply for loans, or start a business there.
Can Non-Residents Really Open a U.S. Bank Account?
Yes — absolutely. Contrary to popular belief, you don’t need a Social Security Number or Green Card to open an account. What banks really want is a valid identification document (like your passport), proof of address, and in some cases, an ITIN (Individual Taxpayer Identification Number) instead of an SSN.
There are three main ways non-residents can open a U.S. bank account:
- Through an international bank with a U.S. presence (like HSBC or Citibank).
- Through U.S.-based banks that accept foreign applicants (like Bank of America or Chase).
- Through digital banks or fintech platforms (like Wise, Revolut, or Payoneer).
Each option has its advantages, and the best choice depends on your needs — whether personal use, business, or travel.
1. Wise (formerly TransferWise) – Best for Global Freelancers and Travelers
If you want flexibility, transparency, and global access, Wise is one of the best options for non-residents. Their Wise Multi-Currency Account lets you hold, send, and receive money in more than 40 currencies — including U.S. dollars.
When you open a Wise account, you get U.S. banking details (routing and account number), which means clients can pay you as if you had a U.S. account. The best part? No need for an SSN or physical presence in the U.S.
Pros:
- No SSN or visa required.
- Low exchange and transfer fees.
- Instant currency conversion at mid-market rates.
- Easy online signup — open from anywhere.
- FDIC-insured through partner banks.
Cons:
- No cash deposits or traditional checks.
- Limited credit or loan services.
If you’re a freelancer, remote worker, or international traveler, Wise offers a seamless way to handle your U.S. transactions without ever stepping foot in a branch.
2. Revolut – Best for Digital Nomads and Expats
Revolut has become a global favorite for people living between countries. With its multi-currency account and linked debit card, you can spend, save, and withdraw in over 150 currencies at real exchange rates.
Revolut now allows non-residents from many countries to open U.S.-based accounts, giving you an American routing and account number.
Pros:
- Easy to open from abroad.
- Virtual and physical debit cards available.
- Budgeting and analytics tools included.
- International transfers are fast and affordable.
Cons:
- Limited in-person support.
- Some advanced features require a paid plan.
For anyone who travels frequently or earns in multiple currencies, Revolut simplifies financial life by combining banking, payments, and budgeting in one sleek app.
3. Bank of America – Best Traditional Bank for Non-Residents
If you prefer a big-name institution, Bank of America (BoA) is one of the few major U.S. banks that allows non-residents to open accounts — sometimes even without an SSN. You’ll need to visit a branch in person, and it helps if you already have a U.S. mailing address (even a friend’s or relative’s).
They typically accept a passport, secondary ID, and proof of address (foreign or U.S.). Some branches are more flexible than others, so it’s best to call ahead and confirm.
Pros:
- Strong reputation and global reach.
- Wide range of checking and savings accounts.
- Debit cards with international access.
- Physical branches and customer support.
Cons:
- In-person visit required.
- Higher fees than fintechs.
If you plan to spend time in the U.S. or need a full-service traditional bank, Bank of America is a trusted choice with flexibility for foreigners.
4. Citibank – Best for International Banking Relationships
Citibank is a global bank, and that works to your advantage. If you already bank with Citi in your home country, you can often open a U.S. Citibank account remotely through their Global Transfer Program.
They’re known for making cross-border banking simple — allowing seamless transfers between international Citi accounts and offering global customer service in multiple languages.
Pros:
- Remote account opening possible for existing customers.
- Global presence and reputation.
- Excellent online banking tools.
- Accepts passport and foreign documents.
Cons:
- Minimum deposit requirements may apply.
- Fees can be higher than digital options.
For professionals or entrepreneurs who already have an international footprint, Citibank’s network makes cross-border money management effortless.
5. Chase Bank – Best for Long-Term Residents or Students
Chase is another top-tier U.S. bank that’s friendly toward foreigners — especially students, expats, and new arrivals. While they usually ask for an SSN, some branches will accept a passport and visa (or an ITIN) instead.
They also offer student checking accounts with low fees and special perks. If you plan to stay in the U.S. for studies or work, Chase can be a solid long-term partner.
Pros:
- Extensive branch and ATM network.
- Great for long-term residents and students.
- Reliable customer support and online banking.
Cons:
- May require in-person application.
- Some accounts charge monthly maintenance fees.
If you’re relocating or planning to live in the U.S., Chase offers all the features you’d need — from savings and checking accounts to credit cards and mortgages down the road.
6. Payoneer – Best for Freelancers and Business Payments
If your main goal is to receive payments from U.S. clients or companies, Payoneer is one of the simplest solutions out there.
You can open a Payoneer account from anywhere in the world and get U.S. bank account details (including routing and account number). Many major platforms like Upwork, Fiverr, Amazon, and Airbnb support direct Payoneer payments.
Pros:
- No SSN or U.S. address required.
- Great for freelancers and small businesses.
- Global receiving accounts in USD, GBP, and EUR.
- Easy integration with major platforms.
Cons:
- Not a traditional bank account.
- Withdrawal fees can apply.
For global professionals and online sellers, Payoneer is a go-to tool that bridges the gap between international income and local access.
7. Mercury – Best for Non-Resident Entrepreneurs
If you’re launching a U.S.-based startup or LLC, Mercury is a game-changer. It’s a digital bank designed specifically for entrepreneurs and foreign-owned companies.
You don’t need an SSN — only your business registration documents (EIN) and passport. The entire process can be done online, and they integrate seamlessly with platforms like Stripe and PayPal.
Pros:
- 100% online application process.
- No monthly fees or minimum balance.
- Great tools for startups (virtual cards, analytics, integrations).
- Works perfectly for non-U.S. founders.
Cons:
- Only for registered U.S. companies.
- No cash deposits or physical branches.
If you’re running a global business with a U.S. presence, Mercury makes it simple, fast, and affordable to manage your money.
Key Factors to Consider Before Choosing a Bank
Before jumping in, make sure the bank or fintech you pick aligns with your lifestyle. Here are some things to look for:
- Accessibility: Can you open it online, or do you need to visit a U.S. branch?
- Documentation: Does it require an SSN, ITIN, or U.S. address?
- Fees: Look for low or no monthly maintenance and transfer fees.
- Currency flexibility: Can you hold multiple currencies?
- Customer support: Especially important if you’re banking from another country.
- FDIC Insurance: Ensure your money is protected by a U.S. partner bank.
Frequently Asked Questions (FAQs)
Q1: Can I open a U.S. bank account from outside the U.S.?
A: Yes, absolutely. Many banks and fintech companies allow non-residents to open accounts online. Platforms like Wise, Payoneer, and Mercury are great examples — you can sign up from abroad with your passport and proof of address. Traditional banks like Citibank also let you open accounts remotely if you’re an existing international customer.
Q2: What’s the easiest U.S. bank account to open without an SSN?
A: The easiest options are Wise, Payoneer, and Revolut, since they don’t require a Social Security Number, visa, or in-person visit. They provide you with U.S. banking details that work just like a regular checking account, letting you send and receive money in dollars seamlessly.
conclusion: Your Next Step Toward U.S. Banking Freedom
The best U.S. bank account for non-residents in 2025 depends on what you need it for.
If you’re a freelancer or global worker, go with Wise or Payoneer for fast, no-hassle access.
If you’re a student or future resident, Chase or Bank of America offers reliability and growth potential.
If you’re an entrepreneur or business owner, Mercury is your best friend for borderless digital banking.
The key takeaway? You don’t have to live in the U.S. to bank like an American. With the right tools and preparation, you can enjoy all the benefits — security, credibility, and convenience — without the red tape.