LLC Registration in USA | Best Physical Bank Account

Why Does Your LLC Need a Physical Bank Account?

Opening a business bank account in the USA is essential for LLC owners to:
✔ Separate business and personal finances
✔ Accept payments from US clients
✔ Build business credit
✔ Maintain financial transparency
✔ Avoid IRS and banking issues

For non-residents, opening a US business bank account can be challenging due to KYC (Know Your Customer) regulations. However, by choosing the right bank and LLC formation strategy, you can successfully open a physical bank account in the USA.

Best US Banks for LLC Business Accounts

If you're a non-resident LLC owner, consider these top banks that offer physical business bank accounts:

1. Bank of America – Best for Non-Residents

✔ Low account fees
✔ Easy online banking
✔ Strong international support

👉 Requirements: EIN, LLC documents, and in-person visit

2. Chase Bank – Best for Online & In-Person Banking

✔ No monthly fees (if minimum balance is maintained)
✔ Integrated with payment processors
✔ Multiple business banking solutions

👉 Requirements: EIN, LLC Operating Agreement, and US address

3. Wells Fargo – Best for International Business Owners

✔ Great for LLCs with overseas transactions
✔ High transaction limits
✔ Robust fraud protection

👉 Requirements: EIN, Articles of Organization, and personal ID

How to Open a US Business Bank Account for Your LLC?

Follow these steps to open a physical bank account for your LLC:

Step 1: Register Your LLC in the USA

• Choose a state with business-friendly laws (Wyoming, Delaware, or Florida)
• File Articles of Organization
• Get an EIN (Employer Identification Number) from the IRS

Step 2: Choose the Right Bank

• Consider fees, services, and international support
• Research LLC-friendly banks like Chase, Bank of America, or Wells Fargo

Step 3: Prepare Required Documents

• EIN (Tax ID)
• LLC Formation Documents (Articles of Organization)
• Operating Agreement
• US Business Address (Virtual or Physical)
• Passport or ID (for non-residents)

Step 4: Visit the Bank in Person

• Some banks require in-person verification
• If you cannot travel, use a US-based partner or nominee manager

Alternatives to Physical Bank Accounts

If you can’t visit the US, consider online business banking solutions:

🔹 Mercury Bank – Best for international entrepreneurs
🔹 Relay – No monthly fees, great for LLCs
🔹 Payoneer – Ideal for eCommerce and freelancers

Why Choose Ecom Assets for LLC Registration & Bank Account Setup?

✔ Complete LLC Formation Services
✔ US Bank Account Assistance
✔ Registered Agent for Non-Residents
✔ Fast EIN & Compliance Support

👉 Start your USA LLC today with Ecom Assets and get expert support for opening a US bank account!