5 simple steps to establish a US bank account
When you open a bank account online or in-person, you will need to provide the bank, credit union, or financial institution with specific documentation which meets their eligibility requirements.
Certain types of accounts, such as saving accounts, joint accounts, or certificates of deposits (CD) have a minimum age or other additional specifications.
What do I need to open a US bank account?
- Two forms of government-issued photo identification, such as a valid driver’s license, passport or student ID
- A social security number or individual taxpayer identification number
- A utility bill with current address information
- Contact information such as name, address, and phone number
- Student checking accounts may require proof of enrollment in an eligible school, such as a student ID or an acceptance letter.
- If the bank has a minimum deposit requirement, you may need to provide this when applying.
How to open a bank account
You can open a bank account by following these simple steps:
- Select a bank after making sure to consider the features, benefits, ATM access, and account types, as well as any applicable monthly fees.
- Confirm the bank or credit union’s eligibility and age requirements for opening a savings or checking account.
- Visit a local branch or access their online site to learn more about the terms and conditions.
- Choose the preferred accounts for you, such as checking, savings, or both.
- Read all the information provided thoroughly. Once approved, request a debit card.
Start sending money with Paysend within minutes, with most of our transfers completing in close to real-time! You may also read about how to easily make your first transfer with Paysend
Download the Paysend app* from the App Store or Google Play, or visit our homepage now to begin transferring money internationally!
*Standard data rates from your wireless service provider may apply.
Nejnovější příspěvky
Here's the short answer: yes, you can use a credit card to get money into someone's bank account abroad. "Credit card to bank transfer" means exactly that — you fund the transfer with your credit card, and your recipient receives it in their bank account. Or on their card, in their wallet, or as cash to collect, depending on where they are.
The card and the bank account do different jobs. Your card pays for the transfer. A provider like Paysend then pays the money out through local systems on the other end. It's one flow, and it takes about a minute in the app.
One thing worth knowing before you start: a credit card is usually the most expensive way to fund a transfer. Some issuers treat it as a cash advance, and credit tends to carry higher payment fees than debit. You'll always see the full cost, exchange rate included, before you confirm anything. What follows is: the ways your money can arrive, what each one costs, how fast it gets there, and the cheaper routes worth checking first.
Poznejte Pavla Šticha: jak pomáhá českým a slovenským čtenářům posílat peníze domů
Každý měsíc posílá tisíce lidí pracujících v Česku část výplaty domů – mnozí z nich jsou Ukrajinci, kteří podporují rodinu za hranicemi. A tradiční cesta ztěžuje to, co by mělo být jednoduché: bankovní převody vyžadující IBAN a SWIFT kódy, poplatky, které se objeví až poté, co peníze odešly, a dny čekání, zatímco doma na ně někdo spoléhá.
Pavel Štich pomáhá svým čtenářům řešit přesně tento problém už léta. Je spoluzakladatelem a šéfredaktorem pro finance na Moneyo.cz – nezávislé české platformě, která porovnává služby pro zasílání peněz, akciové brokery a alternativní investice – a zároveň Ambasadorem Paysend, což znamená, že vše, co doporučuje, osobně testuje, vysvětluje srozumitelně a svým čtenářům přináší exkluzivní výhody. Zeptali jsme se ho, jak Moneyo vzniklo, kdo ho čte a proč si vybral Paysend.
