Are U.S. banks generally willing to open accounts for U.S. companies owned by non-residents?
Banking
Asked by Question Bot06/Nov/20161 answer
1 Answer
F
Faisal Khan
Answered 06/Nov/2016
As long as you have the right documentation for your company and are present in person with the correct KYC documents, you will not have any problems opening an account.
There are, however, a couple of exceptions:
If your business comes under one of the categories defined in Operation Choke Point, you would be hard pressed to find banking.
If the Relationship Manager does not seem convinced as to the nature of your business, you might be declined or your application would be put on hold, till such time you can provide additional information.
If your source of funds are questionable, they might deny you banking.
If your name is listed on any of the block lists, you would be denied banking and reported.
There are, however, a couple of exceptions:
If your business comes under one of the categories defined in Operation Choke Point, you would be hard pressed to find banking.
If the Relationship Manager does not seem convinced as to the nature of your business, you might be declined or your application would be put on hold, till such time you can provide additional information.
If your source of funds are questionable, they might deny you banking.
If your name is listed on any of the block lists, you would be denied banking and reported.