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

4 points by kuvkir ↗ HN
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

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patio11
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.

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