Bank of America vs Chase 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/

Chase review for non-residents without SSN

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

Chase Business Complete Checking is a digital-friendly account from a traditional bank — ideal for small-business owners who want branch access.

Features
  • No overdraft fees, spend only what you have.
  • No fees on money orders or cashier’s checks.
  • No fees when you cash checks, send money using Zelle, or use a Chase ATM.
  • No fees to pay bills with Chase Online SM Bill Pay.
  • No minimum deposit to get started.
Cons
  • $4.95 Monthly Service Fee.
Link
https://personal.chase.com/personal/secure-banking