It’s not impossible for non-US residents to open an American bank account. Some US banks accept ITINs to open accounts. Here’s a summary:
US Bank account
- Monzo US
- Revolut US
- Citi Checking
- Capital One Checking
- Fidelity Checking
- Schwab HYI Checking
- The U.S.Bank Checking
- Sable Checking
- Cheese Checking
- HSBC Checking
- Passbook Checking
- Varo Bank
- ELLIS Bank
- ENZO Bank
- Alliant Credit Union
- American Express
US Credit Card
- Apple Card
- Bank of American
- Citi Bank Secured
- Chase
- American Express
- PayPal Credit
- Venmo Credit
- Sable Credit
- GO2Bank Credit
- Alliant Credit Union
- Digital Federal Credit Union
It is important to note that these banks may not always be able to open an ITIN account due to policy changes. There are also some emerging digital banks that have gone bankrupt.
Banks that explicitly refuse to accept ITIN accounts include:
- Barclay Card
- Discover
- Wells Fargo
If you are a non-US resident and need to apply for a US bank account with an ITIN, you can read “The easiest way to get a taxpayer’s number (ITIN) online for a non-resident alien”.