Opening Business Bank Accounts with Foreign Ownership Structures

Opening Bank Accounts for Businesses with Foreign Ownership Structure in the U.S.: What's Included in the Service

We provide a comprehensive service for opening bank accounts for companies with foreign ownership structures. It includes:

• Consultation on bank selection (traditional or fintech).
• Preparation of corporate documents, obtaining EIN.
• Providing a legal address and assistance with U.S. entity registration (if needed).
• Completing and submitting bank documents, organizing video/in-person meetings.
• KYC, FATCA, AML compliance support.
• Account integration with services like PayPal, Stripe, Wise.

Why Use a Lawyer to Open a U.S. Bank Account?

• Financial Security: U.S. banks thoroughly vet foreign clients, and mistakes may lead to rejection or account freezing.
• Time Savings: A lawyer helps avoid unnecessary trips to the U.S. and speeds up the process.
• Proper Structure Selection: A lawyer advises whether establishing a separate U.S. entity is needed to meet bank requirements.
• Regulatory Compliance: Support ensures compliance with regulations and protects your interests.

What Does the Lawyer Do?

• Analyzes company structure and prepares document packages.
• Registers LLC or corporation (if needed), obtains EIN.
• Arranges translations, notarizations, apostilles, legal addresses.
• Submits documents to banks, participates in video/in-person interviews.
• Communicates with banks, provides additional documentation.
• Advises on account usage and payment system integration.

Service Terms

• Company must have foreign ownership or be registered outside the U.S.
• Required documents available (passports, charters, extracts, agreements).
• Willingness for video or in-person bank meetings (if required).
• Business not in sanctioned or high-risk industries.
• Payment for legal services and bank fees (if applicable).