Two people making the "OK" gesture in front of a Bank of America building.
CONSUMER AFFAIRS

The Good News from Bank of America That Affects All These Citizens

Bank of America Makes It Easier to Open Accounts Without Needing SSN or ITIN Documents

For many non-residents, moving to the United States is an exciting but challenging experience. Whether for work, studies, or an extended stay, opening a bank account in America is one of the first steps to establishing oneself financially. However, navigating the banking system can be complicated, especially when you're not familiar with the country's requirements.

Fortunately, Bank of America has made the process much easier for international students and non-residents. The bank has become a favorite option for many reasons. It offers a wide range of services and minimal requirements for those looking to manage their finances in America.

A smiling woman with her arm extended in front of a Bank of America sign.
Bank of America has become the favorite bank for foreigners | Bank of America, Getty Images

Bank of America: A Bank That Supports Non-Residents and Students

Bank of America has established itself as the go-to bank for foreign students and non-residents in America. One of the main reasons is the flexibility in the requirements to open an account. Unlike many other banks in the country, Bank of America doesn't require an SSN (Social Security Number) or an ITIN (Individual Taxpayer Identification Number) to open an account.

The ease of requirements makes the bank accessible to international students and foreign visitors who do not yet have these identifications. Many students, freelancers, or newcomers to the country can easily open an account at Bank of America.

Additionally, Bank of America stands out for its multilingual services. The bank offers interpretation in 206 languages, which is a great advantage for those who feel more comfortable communicating in their native language. This commitment to accessibility has made Bank of America the preferred bank among non-residents who need reliable banking services while living or studying in America.

Building with the Bank of America logo on the facade.
Bank of America Has Interpretation in 206 Languages | Europa Press

How to Open an Account at Bank of America

Opening a bank account at Bank of America is simple and straightforward. Non-residents can start the process online or visit a local branch. The basic requirements include:

  • A valid passport or other official identification document from the country of origin.

  • Proof of address in America, such as a utility bill or lease agreement.

  • American visa (for students).

A person with a surprised expression in front of a bank entrance.
Bank of America Educates Foreign Students to Manage Their Money | Bank of America, Getty Images, Google Maps

Once the documents are ready, one can choose between different types of accounts, such as checking or savings accounts, depending on the needs. Bank of America also offers special services for international students, including educational resources on how to manage money while studying abroad.

Bank of America's reputation for accessibility, multilingual support, and minimal requirements makes it the ideal option. The bank's ability to accommodate people from all over the world makes it a leader in helping newcomers establish themselves financially in America.

➡️ Consumer Affairs

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