Moving to the United States as an immigrant or international student comes with a long checklist—visa paperwork, housing, transportation, and yes… opening a U.S. bank account.
The good news? You don’t need to be a U.S. citizen to open a bank account. In fact, thousands of immigrants and students do it every year without issues—if they know the right steps.
This guide walks you through exactly how to open a bank account in the U.S., what documents you’ll need, which banks are immigrant-friendly, and common mistakes to avoid.
Why You Need a U.S. Bank Account
Having a U.S. bank account makes life significantly easier. It allows you to:
- Receive salary, scholarships, or stipends
- Pay rent, utilities, and tuition
- Avoid high international transaction fees
- Build U.S. financial history
- Use debit cards, Zelle, Venmo, Cash App, and more
If you plan to stay in the U.S. longer than a few weeks, opening a bank account is strongly recommended.
Can Immigrants and International Students Open a U.S. Bank Account?
Yes. U.S. law allows non-citizens to open bank accounts, including:
- International students (F-1, J-1, M-1 visas)
- Temporary workers (OPT, CPT, H-1B)
- Green card holders
- Refugees and asylum seekers
- Undocumented immigrants (at select banks)
Banks are required to verify your identity—but citizenship is not required.
Documents You’ll Need (Most Banks)
While requirements vary by bank, most will ask for two to four of the following:
1. Passport
Your valid foreign passport is your primary form of ID.
2. Visa or Immigration Status
Examples include:
- F-1 or J-1 visa
- I-20 or DS-2019 (for students)
- I-94 arrival record
👉 You can download your I-94 here:
https://i94.cbp.dhs.gov
3. U.S. Address
This can be:
- Apartment lease
- School housing letter
- Utility bill
- Official letter from your university
Some banks accept a foreign address initially.
4. Social Security Number (SSN) or ITIN
- SSN is NOT required by many banks
- If you don’t have an SSN, ask if the bank accepts:
- ITIN (Individual Taxpayer Identification Number)
- “No SSN” declaration
Learn about ITINs here:
https://www.irs.gov/individuals/individual-taxpayer-identification-number-itin
Best Banks for Immigrants and Students in the U.S.
These banks are widely known for being immigrant-friendly:
🏦 Bank of America
- Accepts passports + visa documents
- No SSN required to open an account
- Excellent for new arrivals
https://www.bankofamerica.com
🏦 Chase Bank
- Large branch network
- Student accounts available
- SSN requested but not always required upfront
https://www.chase.com
🏦 Wells Fargo
- Accepts foreign passports
- Good online and mobile banking
https://www.wellsfargo.com
🏦 TD Bank
- Very immigrant-friendly
- Popular in East Coast cities
https://www.td.com/us
🏦 Credit Unions (University-Based)
Many universities partner with local credit unions that:
- Understand student visa situations
- Have lower fees
- Require minimal documentation
Step-by-Step: How to Open a U.S. Bank Account
Step 1: Choose the Right Bank
Look for:
- Low or no monthly fees
- ATM access near your school or home
- Mobile banking and Zelle support
Step 2: Visit a Branch (Recommended)
While some banks allow online applications, in-person visits are best for immigrants and students.
Bring all documents—even optional ones.
Step 3: Open a Checking Account First
A checking account lets you:
- Use a debit card
- Pay bills
- Receive money
You can add a savings account later.
Step 4: Fund the Account
Most banks require:
- $25–$100 initial deposit (varies by bank)
Step 5: Get Your Debit Card
- Temporary card: same day
- Permanent card: mailed in 5–10 business days
Common Mistakes to Avoid
❌ Assuming you need an SSN (many banks don’t require it)
❌ Going to a bank employee unfamiliar with immigrant accounts
❌ Choosing accounts with high monthly fees
❌ Not asking for student or newcomer account options
Tip: If one branch says no, try another branch or bank.
Can You Open a Bank Account Online as an Immigrant?
Sometimes—but it’s harder.
Most online applications require:
- SSN
- U.S. ID
- Credit history
For first-time immigrants and students, opening an account in person is much easier.
What About Online Banks?
Online banks like Chime, Capital One 360, or Ally often require:
- SSN
- U.S. phone number
- Proof of U.S. residency
They’re better as a second account, not your first.
Final Thoughts
Opening a bank account in the U.S. as an immigrant or international student is completely achievable—as long as you choose the right bank and bring the right documents.
Start with a major bank or university-affiliated credit union, open a basic checking account, and build from there. Once you’re set up, managing money in the U.S. becomes far less stressful.