If you're an international student or a non-resident citizen and plan to live in the United States, Bank of America has excellent news for you. Now, you can open a bank account without needing a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN).
This measure has been praised for making it easier to access essential financial services for those who don't yet have these documents. Without a doubt, a great gesture from Bank of America.
Bank of America lends a hand to students and non-residents: this easy
Traditionally, opening a bank account in the United States required an SSN or ITIN, which made the process more complicated for international students and temporary visitors. However, Bank of America has relaxed these requirements, allowing non-residents to open accounts using only their valid passport and proof of address in the United States.
To open an account at Bank of America without an SSN or ITIN, you only need your primary identification: valid foreign passport. The secondary identification can be a foreign driver's license or a credit card with the Visa or Mastercard logo.
In addition, you need proof of address in the US, such as a utility bill or rental agreement. In some cases, a Foreign Tax Identification Number (FTIN) may be required instead of an ITIN.
Why is it a praised measure?
This initiative has been well received by the international community, since it removes barriers to accessing the US financial system. International students, tourists, and professionals who temporarily move to the US can now manage their finances more easily and securely.
In addition, Bank of America offers customer service in more than 200 languages, including Spanish, which makes the banking experience even easier for those who don't speak English fluently.
Bank of America, an exemplary bank for many in the US
With this measure, Bank of America positions itself as an exemplary bank in terms of financial inclusion. By allowing accounts to be opened without an SSN or ITIN, it shows its commitment to diversity and accessibility, providing support to those seeking to settle in the United States, whether for studies, work, or tourism.
If you're planning to move to the United States and need to open a bank account, Bank of America makes it easy for you. You don't need an SSN or ITIN, just your passport and proof of address to access their services. A significant help for international students and non-resident citizens who want to start their financial life in the US without complications.