Bank & Bureaucracy

“Money = mobility. Sort this early.”

Sorting US banking early unlocks mobility and financial access—essential for rent, payments, building credit, and day-to-day life. Most banks require documentation and identity checks, but leading options now cater to newcomers and startup founders, even those lacking a SSN.

Step-by-Step Actions

Choose a bank:
- No SSN: Start with Mercury (business founders, remote sign-up—see step-by-step guide), Wise Borderless or Revolut.
- In-person options: Wells Fargo, Chase—both commonly open accounts for non-residents, but call ahead and confirm requirements.
Documents needed:
- Passport + US visa
- US residential address (hotel/temporary fine)
- SSN or ITIN (if available, strongly helps)
- Any formation documents if opening a business account (LLC agreement, EIN certificate, etc.).
Get a credit card early:
- Options for newcomers: Deserve, Amex Global Transfer, Bank of America branch cards. Some accept ITIN or no SSN.
- Secured credit cards and store cards can help build credit fast.
Set up online banking + app login:
- Activate via provided web portals or mobile apps after account approval.
- Use apps for transferring funds, mobile deposit, and spending analytics.
Optional:
- Use Wise or Revolut for international payments, cheap cross-border transfers, and fast onboarding without legacy bank delays.

Step-by-Step Actions

Resources / Links