New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.


Can a foreign company open a Corporate Bank account in US?

Asked by: Indira  — 21 February, 2013

Can a foreign company open a corporate bank account in US, without setup a branch or subsidiary?

Answered by: admin  — 21 February, 2013


The short answer is yes, if approved by the bank’s compliance department. Process is very long but can be done.

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