6. TD Bank

Official Website:
https://www.td.com/us/en/personal-banking

Remote Application: Limited

In-Person Application: Usually Required

Accepts ITIN: Yes

Typical Requirements:

  • Valid Passport
  • ITIN or SSN
  • Proof of Residential Address
  • Initial Deposit (varies by account)

Best For: Customers who frequently travel between the United States and Canada.

7. PNC Bank

Official Website:
https://www.pnc.com

Remote Application: Limited

In-Person Application: Usually Required

Accepts ITIN: Yes

Typical Requirements:

  • Passport
  • ITIN
  • Proof of Address
  • Identity Verification

Best For: Personal banking and small business accounts.

8. U.S. Bank

Official Website:
https://www.usbank.com

Remote Application: Limited

In-Person Application: Usually Required

Accepts ITIN: Yes

Typical Requirements:

  • Passport
  • ITIN or SSN
  • Proof of Address

Best For: Personal and business checking accounts.

9. Santander Bank

Official Website:
https://www.santanderbank.com

Remote Application: Limited

In-Person Application: Usually Required

Accepts ITIN: Yes

Typical Requirements:

  • Passport
  • ITIN
  • Proof of Address

Best For: International banking and personal accounts.

10. BMO Bank

Official Website:
https://www.bmo.com

Remote Application: Limited

In-Person Application: Usually Required

Accepts ITIN: Yes

Typical Requirements:

  • Passport
  • ITIN
  • Proof of Address

Best For: International customers and business banking.

11. Truist Bank

Official Website:
https://www.truist.com

Remote Application: Limited

In-Person Application: Usually Required

Accepts ITIN: Yes (selected accounts)

Typical Requirements:

  • Passport
  • ITIN
  • Proof of Address

Best For: Business owners and personal banking.

12. Regions Bank

Official Website:
https://www.regions.com

Remote Application: Limited

In-Person Application: Usually Required

Accepts ITIN: Yes

Best For: Business checking and commercial banking.

13. Huntington Bank

Official Website:
https://www.huntington.com

Remote Application: Limited

In-Person Application: Usually Required

Accepts ITIN: Yes

Best For: Small businesses and entrepreneurs.

14. Fifth Third Bank

Official Website:
https://www.53.com

Remote Application: Limited

In-Person Application: Usually Required

Accepts ITIN: Yes

Best For: Personal checking and business accounts.

15. Citizens Bank

Official Website:
https://www.citizensbank.com

Remote Application: Limited

In-Person Application: Usually Required

Accepts ITIN: Yes

Best For: Personal banking and savings accounts.

Best Fintech Companies for Non-U.S. Residents

Unlike traditional banks, fintech companies operate primarily online and often allow eligible non-U.S. residents to open U.S. business accounts without visiting the United States. These platforms are especially popular among international entrepreneurs, freelancers, startups, and U.S. LLC owners.

1. Mercury

Official Website:
https://mercury.com

Remote Application: ✅ Yes

Accepts Non-U.S. Residents: ✅ Yes

Requires ITIN: No (EIN generally required)

Typical Requirements:

  • U.S. LLC or Corporation
  • EIN
  • Passport
  • Business Information
  • Owner Verification

Best For: Startups, software companies, Amazon sellers, agencies, and international entrepreneurs.

2. Relay Financial

Official Website:
https://relayfi.com

Remote Application: ✅ Yes

Requires ITIN: Usually No

Requires EIN: Yes

Best For: Small businesses and U.S. LLC owners.

3. Novo

Official Website:
https://www.novo.co

Remote Application: ✅ Yes

Requires EIN: Yes

ITIN Required: Depends on ownership structure.

Best For: Freelancers, startups, and e-commerce businesses.

4. Wise Business

Official Website:
https://wise.com/business

Remote Application: ✅ Yes

Supports Multiple Currencies: Yes

Best For: International payments and receiving USD from overseas clients.

5. Airwallex

Official Website:
https://www.airwallex.com

Remote Application: ✅ Yes

Best For: International businesses, exporters, agencies, and SaaS companies.

Traditional Banks vs Fintech Companies

Feature Traditional Banks Fintech Companies
Remote Opening Limited Excellent
Branch Visit Often Required Not Required
Business Accounts Excellent Excellent
Personal Accounts Excellent Limited
International Transfers Available Usually Better

Continue to Part 3:, where we'll cover document checklists, step-by-step application process, common reasons applications are declined, expert tips for approval, FAQs, and recommendations for choosing the best bank based on your business needs.