Which US banks to choose while company setup with bank account?

Post date: Nov 09, 2020 8:32:56 AM

There is large number of reputable banks to select from if you are planning to open a US business bank account. You could choose from a wide range of globally recognized banks to small local banks. However, if you already have an account in one of the global banks which has a US branch, you can easily transfer funds to your US account by simple formalities.

Your next question might be, which US banks to choose while company set up with bank account?

In case you do not have an account it is best to open one in the American “Big Four” banks. The details of each of them are given below:

1. JP Morgan Chase: The minimum deposit requirement and monthly fees is very low making it an ideal choice to set up company with bank account in this bank.

2. Bank of America: With 4,861 branches across the country, this bank offers dynamic business transaction facilities.

3. Citi Bank: With 983 US branches, this bank offer special accounts designed for several business types.

4. Wells Fargo: The bank offers checking accounts tailor-made for small businesses with low monthly fees and minimum balance requirements.

How to buy company with bank account online sitting overseas?

If you are planning to set up company with bank account online sitting abroad, then it may be difficult. Most reputes banks will allow you to start the application process online but requires you to come down to the branch for physical document verification. Banks like Silicon Valley may have the provision of account opening from abroad, but they are not reputable like “Big Four”. It is best to consult an agent in this matter. Visit atrium-associates.com today, for more guidance on the matter!