Ask YC: getting a US bank account for non-US resident.

Posted by kuvkir on Monday March 30, 2009 @12:20AM
from the self-post dept.

Hi!

I'm investigating the possibility of opening a US bank account for non-US resident. Is it possible at all, and if yes, how hard can it be? Basically I need to have it in order to be able to accept PayPal / Google checkout. The only way I see right now is:

1) set up an LLC in Delaware,

2) open a corporate bank account for my LLC.

While the first step is quite feasible, the second one is pretty vague. I couldn't find any good information on what it takes to get a bank account for an LLC, especially if I'm not a US-resident. Does anyone here have experience in it?

Alternatively, if I'm missing something and there's a simpler way to accept PayPal payments, point me to one.

Thanks, Kirill

P.S: I'm from Moscow, Russia

( 4 comments | 4 points | on HN )

Re:Ask YC: getting a US bank account for non-US resident. by patio11 on Monday March 30, 2009 @02:10AM (#538242)

This is a common question on another forum I participate on. I got tired of answering it so I wrote it up as a blog post:

http://www.kalzumeus.com/2007/08/15/banking-for-the-uisv/

Short version: getting a US bank account for a non-US resident is possible and routine.

[ Parent | on HN ]

Re:Ask YC: getting a US bank account for non-US resident. by kuvkir on Monday March 30, 2009 @08:06AM (#538413)

Thanks for the great post, however I still don't understand some concepts. I'll research more on that later.

[ Parent | on HN ]

Re:Ask YC: getting a US bank account for non-US resident. by listic on Monday March 30, 2009 @08:42AM (#538438)

There was an article on getting a US merchant account recently: http://news.ycombinator.com/item?id=530055

P.S. I'm from St.-Petersburg, Russia

[ Parent | on HN ]

Re:Ask YC: getting a US bank account for non-US resident. by kuvkir on Monday March 30, 2009 @10:15AM (#538523)

Thanks, the curious thing that I saw that post and even bookmarked it, but somehow forgot to read it ;)

[ Parent | on HN ]