Miami Bank accounts?
 

What do you think would be the best bank to have a business acount with that has a branch in Miami?

I understand that I have to be there in person to open up an account so in september I will make a stopover in Miami especially for this purpose. I need to be able to do everything through the internet after that.

Any suggestions?

Is there something in particular about Miami that you need to have an account here? Is it a local bank that you want? Or just any US bank?


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Miami is the easiest place for me to make a stop over on my way from Curacao back to Amsterdam. So any US bank that allows me to sign the paperwork and show my face in Miami would do.

There are many banks located in Miami, and each should work equally well since you will not be located here anyway, and don't need a specific local service. I would recommend Chase, TD Bank, or HSBC.



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Bank United is a decent one. If you sign the papers for wires, etc. You can call, email, or fax them in.

Thank you Michael and Jay :)

Check SunTrust..

But dont you have to have at least a green card to open an account?

Thanks for the suggestion.

Its a business account for an American company.

They do well with business accounts. Make sure to take the articles of incorporation with you.

The benefits of the banks in Miami is that they are used to foreigners opening bank accounts.

You will need to provide two forms of ID, mainly a passport as to where you reside. If you do go with Chase or any local bank make a point to get the card of the person who helps you open the account. It's not as easy as it used to open an account as a foreigner, so you will need the help of the bank representative and you will need to keep in contact with them.

My experience with Chase, even with an account representative helping me out is that they will require more paperwork even after they have opened your account. If you are not in the country to sign those documents it will be hard to do it via the mail.

With HSBC, the deposit check was returned do to not showing US citizenship/residency which didn't make any sense to me.

Citibank in particular will be helpful and will even provide you a Debit Card with a $25 month fee if I recall correctly. The only issue is the $25 fee which they will tell you it is because you are a foreigner. I'm sure you can talk yourself out of it.

SunTrust is great, but they will kill your account with the first bounce check, no questions asked.

Everyone's experience is different and the last foreigner I helped to get an account was a year ago.

Do keep in mind that all the local banks will accept your money, you just want to avoid the letter 30 days from opening the account letting you know that you are still missing documents.


And Good Luck.

Thank you. I will be emailing them extensively to prepare everything well ahead of time.

This is an awesome amount of precise information. Thank you very much!

Hey Pat!

How are things??

Hit me up when you come into town ... lets grab a drink! i can help you out with some bank suggestions as well :thumbsup

Luca! Doing great here. How are you?
:)

I will hit you up on facebook!

I like bank united also, never had any issues with them.