Why US Traditional Business Banking?
A traditional US business bank account provides your company with the credibility, services, and capabilities that only major banks offer. From merchant services to business credit, a Chase or Bank of America business account opens doors that fintech accounts cannot.
Note: Traditional US business accounts typically require an in-person visit. We coordinate the process to maximize efficiency during your US trip.
Open your US business bank account with full support.
Major Bank Credibility - Account at recognized institutions builds vendor and partner trust
Merchant Services - Accept credit card payments through bank merchant accounts
Business Credit - Build business credit and access lines of credit
Full Wire Capabilities - Domestic and international wire transfers
Treasury Management - Advanced cash management for growing businesses
SBA Loan Eligibility - Qualify for Small Business Administration loans
Who Is This For
US LLC or Corporation owners needing full business banking
E-commerce businesses requiring merchant services
Companies seeking to build business credit
Businesses that need wire transfer capabilities
Entrepreneurs planning to seek business financing
Non-US residents with US companies requiring traditional banking
The Process
Step 1: Submit Your Documents
Provide LLC/Corp formation documents, EIN letter, operating agreement, and personal identification for all owners.
Step 2: Bank Selection and Preparation
We select the optimal bank and branch, prepare documentation, and schedule your appointment.
Step 3: In-Person Opening
Visit the bank with our guidance, complete opening, and receive immediate account access.
Requirements
US LLC or Corporation - Active business entity in good standing
EIN Letter - IRS confirmation of Employer Identification Number
ITIN (Individual Taxpayer Identification Number) - Required for all owners. If you do not have an ITIN, see our ITIN service.
Formation Documents - Articles of Organization/Incorporation
Operating Agreement - For LLCs with ownership details
Owner Identification - Passport and secondary ID for all owners over 25%
US Business Address - Physical address for business mail
Initial Deposit - Typically $500-2,500 depending on bank
What's Included
Bank selection - Match with the right bank for your business
Document preparation - Organize all required business documents
Appointment scheduling - Coordinate your bank visit
In-person support - Guidance during the opening process
Merchant services setup - Coordinate payment processing if needed
Online banking configuration - Full digital access setup
Timeline
| Milestone | Timeframe |
|---|---|
| Document preparation | 3-5 days |
| Bank appointment | Coordinated with your US visit |
| Account opened | Same day at appointment |
| Debit card and checks | 7-14 business days |
| Merchant services | Additional 1-2 weeks if needed |
Important Notes
In-person visit required - All owners over 25% must appear at the bank.
Good standing required - Your LLC/Corp must be current with state filings.
Business activity matters - Banks may decline certain business types.
Monthly fees - Business accounts typically have monthly fees of $15-50.
Open your US traditional business bank account. Full banking capabilities for serious businesses.
Need an ITIN? See our ITIN service.