Bank of America vs Axos Bank for non residents

By Rohan Smith, 15 December, 2022

Bank of America review for non-residents without SSN

Bank
Bank of America
SSN Required?
For Residents
ITIN Required?
No
Can Apply Online?
With SSN
Summary

The Bank of America is the second-largest bank in the US and one of the top ten largest globally, Bank of America is a financial services titan that provides a wide assortment of retail, business, and investment banking services to over 66 million customers across the globe.

Features
  • Low monthly maintenance fees and minimum opening deposits.
  • Very familiar with opening accounts for foreigners.
  • Lots of international partner ATMs.
Cons
  • Monthly fee $4.95 - 3% Int'l card payment cost.
  • Relatively high foreign transaction fees.
Link
https://www.bankofamerica.com/

Axos Bank review for non-residents without SSN

Bank
Axos Bank
SSN Required?
For Residents
ITIN Required?
No
Can Apply Online?
With EIN
Summary

Axos Bank is one of the oldest online-only banks around. Formed in 2000, it continues to grow, offering full-service banking for individuals and businesses. This in-depth review of one of the online banking industry leaders will give you insight into the accounts and services available through Axos Bank and whether it’s the right bank for you.

Features
  • Full-Service Banking.
  • ATM Fee Reimbursements.
  • No monthly fees.
  • Offers Rewards and CashBack checking options.
  • Pay competitive interest rates on its savings products.
Cons
  • No Physical Branches.
  • Average CD Rates.
  • Lower Savings Rates.
Link
https://www.axosbank.com/