US bank accounts for non-residents

Website design By BotEap.comAre you a non-US resident and desperately want a US bank account so that you can open a Paypal account and start selling online? Getting a bank account in the US is simple, easy, and yes, free. I see so many people on internet forums that they need a bank account in the US I needed one.

Website design By BotEap.comDo you want to know how I did it?

Website design By BotEap.comHave you caught yourself saying this many times: “I am here in South Africa (or India) and nobody loves us. Especially not PayPal.“Well here’s the good news. I am from India and got a US bank account, I linked it to Paypal, I got verified, I got a VISA debit card, I got a Paypal debit card and now I happily withdraw my cash at an ATM anytime .

Website design By BotEap.comIt is no secret. Just a few easy steps. Follow them and you will soon have your own “US Bank Account.” And a “Paypal Account”.

Website design By BotEap.com Step 1: First, you will need a US mailing address. This is so that you can send him all your letters, cards, etc. It is not very fast to receive an email, but it works.

Website design By BotEap.comThese are some of the best mail services:

Website design By BotEap.com· Http://www.usa2me.com – Highly recommended!

Website design By BotEap.comHttp://www.myus.com

Website design By BotEap.comHome

Website design By BotEap.com

Website design By BotEap.comStep 2: Next, you will need a Paypal account. Paypal.com is the place and it’s free. Sign up for free and use your email address provided to you by the US Mail Forwarding Service.

Website design By BotEap.comIf you have already registered with Paypal, please register again with a different email or delete your account and start over with a new one.

Website design By BotEap.comStep 3: Now is the time to get a US bank account. We will use e-commerce. http://www.etrade.com. Attached are the forms you need to fill out and send.

Website design By BotEap.comFollow my instructions below and you will have an account with them sooner than expected.

Website design By BotEap.comHow to complete the forms:

Website design By BotEap.comDownload the form from here: [http://myimlab.com/uploads/emea_us_brokerage_application.pdf]

Website design By BotEap.comNote: a newer version of the form can be downloaded from https://us.etrade.com/e/t/home/openanaccount

Website design By BotEap.com ONLY complete the things in the steps and NOTHING else.

Website design By BotEap.com1. Account Type: Check the box labeled Individual Account.

Website design By BotEap.com2. Enter your first name, middle initial, and last name in the fields under “Primary Account Owner”. Leave the entire side of the “Co-Account Owner” form blank.

Website design By BotEap.com3. Put your “HOME” address below the address. NOT your US address.

Website design By BotEap.com4. Put your home and business phone numbers in the field below. The format must be “+91 (0) 9910670401”. Copy the format.

Website design By BotEap.com5. Check the “no” boxes under the next three options on this side of the form and continue to the next page.

Website design By BotEap.com6. Put your passport number below the passport number field.

Website design By BotEap.com7. Put your country under the “country of passport issuance and the” country of legal residence and the “country of citizenship”.

Website design By BotEap.com8. Go to “create your investment profile” just below this.

Website design By BotEap.com9. Select the “Preservation of Equity,” “None,” “Your Income,” “Your Approximate Net Worth” and “Your Approximate Equity” boxes. I would select a median income for all of this to be safe.

Website design By BotEap.com10. In (4) “Select your account characteristics”, under “Taxable income”, select the Etrade Financial sweep deposit account. It is the first option on the list.

Website design By BotEap.com11. Leave the “Tax Exempt Income” field blank.

Website design By BotEap.com12. Cash management features, select “free check writing” and NOT the debit card option. This will come later and you will be charged if you select it now.

Website design By BotEap.com13. Leave the rest of the form blank and continue.

Website design By BotEap.com14. On page 3, under “Fund your account”, select the last option “I plan to transfer funds from another financial institution.

Website design By BotEap.com15. Under “Sign and date your application”, select “I am not a US person.”

Website design By BotEap.com16. Sign this page and go to page 4.

Website design By BotEap.com17. Leave page 4 blank, but sign and attach.

Website design By BotEap.com18. In “Certificate of Alien Status of the Beneficial Owner for Withholding Tax in the United States”

Website design By BotEap.com19. Under “Name of person or organization that is the beneficial owner”, write your own name

Website design By BotEap.com20. In “Country of incorporation or organization”, write your own country.

Website design By BotEap.com21. Under “Permanent Residence Address” write your mailing address.

Website design By BotEap.com22. In “City or town, state or province. Include zip code where applicable. “Enter your city, then state / province, then zip code

Website design By BotEap.com23. In “country”, write your country.

Website design By BotEap.com24. “Claim for tax treaty benefits (if applicable)” check box a) and enter your country.

Website design By BotEap.com25. Leave the rest of the form blank, wait to put “myself” in the “category to act under”

Website design By BotEap.com26. Sign and date the form.

Website design By BotEap.comYou are now done with the forms.

Website design By BotEap.com Next steps:

Website design By BotEap.com# 1: PRINT ALL PAGES (5 pages total)

Website design By BotEap.com– 4 page application form – in JPEG format

Website design By BotEap.com– 1 page Non-US Resident Declaration Form – in PDF format

Website design By BotEap.comNote: You MUST use Adobe Reader to open the declaration form.

Website design By BotEap.comThe latest version is recommended.

Website design By BotEap.comAdobe Reader is freely available at http://www.adobe.com

Website design By BotEap.com(If you are not using the latest version of Adobe Reader, your personal information (such as your name and address) may not be displayed or printed correctly.)

Website design By BotEap.com# 2: VERIFY ALL PERSONAL DETAILS

Website design By BotEap.comMake sure your name is spelled correctly, address, passport number, etc. They are right. Page 4 of 4 of the application form is completely blank. Leave it at that. Aim to sign it.

Website design By BotEap.com# 3: SIGNATURE; PLEASE CAPITALIZE your name and today’s DATE on page 3 of the application form.

Website design By BotEap.com# 4: SIGN and write today’s DATE on the declaration form

Website design By BotEap.com# 5: MAKE A PHOTOCOPY of your passport photo-page. Please make sure it is very clear! – Make two copies; they will need two.

Website design By BotEap.com# 6: PUT THEM IN AN ENVELOPE AND MAIL TO the address at the top left of page 1 of the application form. DO NOT attach a check or cash as an initial deposit. Instead, wait for your account number to be issued first, then make your initial deposit via bank transfer or by adding it to your PayPal account.

Website design By BotEap.comOnce you have your account number, you can immediately add it to your PayPal account to be confirmed and verified.

Website design By BotEap.comWhen E * Trade Financial receives your request, your account will be opened within 1 week.

Website design By BotEap.comYou will receive an email notification at your provided email address.

Website design By BotEap.comFor a FASTER service, I recommend that you use UPS or Fedex.

Website design By BotEap.comOnce you’re done, log into your account and request a debit card. Comes via FedEx in a couple of days. Download money from PayPal to your Etrade account and withdraw it at your local ATM.

Website design By BotEap.comPiece of cake!

Leave a Reply

Your email address will not be published. Required fields are marked *