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Banking in USA

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Banking in USA

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Banking in the US

Setting up an accountant in the USA is a very easy and smooth process indeed. Banking in the States is very similar to that of the UK and Europe. You will find many commercial banks, both national and international. To open a bank account in the United States, you will generally be required to provide the following documentation:

  • Proof of address (bill, etc)
  • Form of ID (passport)
  • A deposit (variable, up to $500)
  • The majority of people create a checking account first. You will either be lucky and not be charged, or have to pay small nominal fee.
  • Cash machines (or ATMs, as they're called) are found absolutely everywhere. Internet banking has flourished too.

 

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