American Bank Accounts For Non Resident Businesses and Freelancers

Although not everyone can be American, there arecould require a ten to fifteen hour plane ride each
some occasions when a little camouflage is required.way, not to mention passports and visas!
If your customers, or earnings are predominantly inHowever there is a way around this, which requires a
the US, you may need to find a way to facilitate orbit of money and dealing with a more outward facing
reassure any transactions by appearing to be a fellowbanking system, the online brokerages. The US
American. Or at least having a "proper" bank accounteconomy welcomes foreign investors in its listed
in the USA.companies. Almost every brokerage is affiliated with
Signing up with Amazon as a content provider willa US bank. In order to establish a brokerage account
require a US bank account in order to get paid. Manyyou will need to transfer funds from your own bank
other businesses are so US centric that dealing withand provide a copy of your passport, possibly other
foreigners is completely alien and inherently impossible.documentation as well. Once you have a brokerage
Even if your customer is happy to deal with you, theaccount you can ask for a checking account through
intricacies of dealing with currency conversions,their affiliate bank. Your credentials will be accepted
routing to foreign banks, extra fees etc may end upas you are known to the brokerage.Thanks to
straining the relationship. Much better to have a USPatrick of microISV for much of this info.
account that requires no explanation or difficulty toGetting a street address in the US is very easy, if a
pay your money.little expensive in terms of monthly fees and freight
Since 9/11 financial transactions with foreigners havecosts for forwarding mail. However some of these
been subject to much greater scrutiny by most USservices will allow you to operate almost completely
banks. The key legislation is commonly called "knowtransparently as a US business. Your mail will be
your customer", which many banks interpret as adelivered and your US telephone number will ring
personal visit to the branch where you areanywhere in the world. Just so long as no one comes
establishing an account. Not very practical when thatknocking on the door trying to find you!