How to open an American bank account

to open a bank account in the United States, you need to have a legal identity in the United States, such as an American student, an American immigrant or an American citizen. The documents required to open an account in an American bank include:

1. Two kinds of identification documents: usually, you need to bring your own passport and documents that can prove your legal status in the United States (for example, international students can bring their passports and I-2 forms, and new immigrants can bring their passports and American driver's licenses or green cards);

2. Address certification document: a document that can prove the address of the permanent residence, which can be bills such as water and electricity bills, house deed or long-term lease. The name of the applicant must appear on these documents, and if it is a bill, it is recommended not to be earlier than 9 days before the account opening date;

3. At least $1 in cash;

4. If you have a social security card, please take it to the bank.

There are two most common types of bank accounts in the United States: checking accounts and savings accounts.

1. Checking Account: similar to domestic demand deposit account, it is the most common and convenient account type. In addition to receiving personal checks, checking accounts usually include debit cards and online banking. American checking accounts usually have no interest, and usually charge customers a certain management fee every month.

2. Savings Account: Compared with checking account, it can generate interest. However, the disadvantages of savings accounts are also obvious. The funds deposited in savings accounts cannot be withdrawn by cheque or debit card, and usually cannot be remitted to a third party.