Opening a US Bank Account for a Pakistani-Owned LLC

Opening a US Bank Account for a Pakistani-Owned LLC

Opening a US bank account is one of the most critical steps for Pakistani entrepreneurs with a US LLC. A US-based bank account allows you to:

✅ Accept international payments from US customers.
✅ Use payment processors like Stripe, PayPal, and Wise.
✅ Build business credibility and separate finances.

However, most US banks require a personal visit for account opening. This guide will explain how to open a US business bank account remotely or by visiting the US.

1. Best US Banks for Pakistani-Owned LLCs

Here are the top banking options for Pakistani entrepreneurs:

Traditional Banks (Require a US Visit)

1️⃣ Chase Bank – Great for large transactions & high credibility.
2️⃣ Bank of America – Offers easy business credit & loans.
3️⃣ Wells Fargo – Ideal for long-term business banking.

Online Banks (No US Visit Required)

1️⃣ Wise (formerly TransferWise) – Best for international transfers.
2️⃣ Mercury Bank – Ideal for tech startups & online businesses.
3️⃣ Relay Financial – Offers free multi-user business accounts.

💡 Recommended for Pakistanis: Mercury & Wise (No US visit required).

2. Documents Needed to Open a US Bank Account

📌 LLC Formation Documents (Articles of Organization).
📌 EIN (Employer Identification Number) from the IRS.
📌 US Business Address (Virtual address services work).
📌 Registered Agent Information.
📌 Personal Passport & ID (for verification).

Some banks may require an ITIN (Individual Taxpayer Identification Number), but many accept just an EIN.

3. How to Open a US Bank Account Remotely?

If you can’t visit the US, you can open an account remotely by:

✅ Using online banks like Mercury, Wise, or Relay Financial.
✅ Hiring a US banking service provider to handle the process.
✅ Setting up a virtual office for bank correspondence.

🚀 Need help? Ecom Assets can assist in opening your US business bank account!