Tell me more ×
Answers OnStartups is a question and answer site for entrepreneurs looking to start or run a new business. It's 100% free, no registration required.
up vote 2 down vote favorite
1

I register my S-Corp in Delaware. I need to find a bank that can help me in opening a bank account, without having to go there in person. I have been told that this is possible if the bank has a branch in Delaware as well as in my own city. They will verify my credentials at my residence and then open a bank account in Delaware. (Please note that I need the account in company's name.)

Nature of Business -

Its online business and also trading ,we purchase goods like computers parts from MISSOURI and exports computers parts to Africa. I am from India, while most of my employees are from Canada and UK - (only My one friend from USA.) we have no brick and mortar offices anywhere. In my country I am listed as a freelancer (thats how I started this business.) What I Want -

I want to open Bank Account in Delaware without having to go there in person.
I want to received and send USD from Bank

Is that possible?

share|improve this question

2 Answers

up vote 1 down vote

If you are not a citizen and are not here in the US I don't think you are going to have an easy time opening a bank account.

share|improve this answer
up vote 1 down vote

I had a similar problem. It doesn't matter where the corporation was incorporated or where you buy things.

Here's what to do, if you can:

(1) Appoint your friend in the US as an officer or director of the company. (2) Submit the business bank account application online to a bank that has a branch in the state where your friend lives. (3) The bank may request your friend's Social Security number. It's much easier if you use a bank where your friend already does business. (4) You will need a US mailing address and physical presence. You can use your friend's address if s/he is willing. Otherwise you can set up an address at a UPS Store or a Regus location, but they may require you (or your friend) to go there in person.

Basically, to set up an account online, a bank will usually require a real person with a real physical location in a place where the bank has a branch. I set up an account online with the bank where I already had accounts (as an individual) and I did it all online.

If you use a bank where you or your friend don't already have an account, or at a bank that doesn't have a physical location where the company doesn't have a location or where it has no officers or directors, it will be very difficult.

share|improve this answer

Your Answer

 
discard

By posting your answer, you agree to the privacy policy and terms of service.

Not the answer you're looking for? Browse other questions tagged or ask your own question.