US Bank Accounts
Convenience at A Cost
Capital Conservator is an independent banking institution and NOT
an "account opening service" or "bank introduction service".
Furthermore, for philosophical, as well as privacy concerns we would
recommend that clients minimize their exposure to US banking whenever
possible.
That said, we recognize that there are particular circumstances when
non-residents may desire, or truly need, a US bank account.
Opening a bank account in the US maybe necessary under some of the
following conditions:
- If you are working with a US company or payment processor that will only
send or receive to or from a
US bank account.
In some countries blacklisted for the fraudulent activities of certain
citizens, payment
systems such as Paypal and Clickbank prevent residents from receiving
payments or opening accounts
there. Foreign accounts such as US non resident accounts provide the only
method of continuing
operations.
-
If you operate a company and you have customers who demand or expect that you have
a US account for accepting their payments.
-
As a simple form of diversifying your assets away from your home country.
However, great care should be taken that the US does NOT have a tax-treaty
with your home country. If you are worried about confiscatory
governments or unfair taxation, moving to the US if your home country is one
of the many jurisdictions with either an MLAT or tax-treaty could be
dangerous to your financial health.
-
If you live in a country where international banking transactions are
government restricted.
For those clients that need a US bank account, we refer all client
requests for US bank accounts to a partner.
Opening a
non-resident
account in a US bank through our partner is simple.
Our partner will gladly assist you in opening your own US bank account for the very reasonable fee of 99 USD.
You can open
bank accounts from outside the US, with no need to visit in
person. And, furthermore, you do not need to have a US address.
You will receive:
- A USD bank account to send/receive payments
-
Visa debit card valid in over a million cash dispensers in 170 countries
all over the world
where the VISA network operates
-
Peace of mind that your money is stored in a solid US bank
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