US Brokerage Account with Checking for Non-Resident

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dragodrago

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Jan 8, 2020
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Does anyone know any US brokerages which offers a checking or cash management feature with routing and wire numbers?

It would need to accept non-US residents with no SSN/ITIN.

Thanks in advance.
 
interactivebrokers.com
schwab.com
tdameritrade.com
These are best for non-US residents with no SSN/ITIN.

Three of them are leader, they do offer cash management.
I am not pretty sure about " routing and wire numbers" ?
You can check them.
What do you really mean by "routing and wire numbers"?
Do you need bank account ?
 
hirenshukla2017 said:
interactivebrokers.com
schwab.com
tdameritrade.com
These are best for non-US residents with no SSN/ITIN.

Three of them are leader, they do offer cash management.
I am not pretty sure about " routing and wire numbers" ?
You can check them.
What do you really mean by "routing and wire numbers"?
Do you need bank account ?
Click to expand...
Thanks for your reply.

I am referring to cash management accounts offered by brokerages. For example, Schwab International has one which gives you an ABA routing and account number as well as checkbook and debit card. You can use it as a current account basically.

Does anyone know any similar offerings?

Last edited: Nov 23, 2020
 
I do not think that any Brokerage offer that service for non resident.
For resident it is different things.
I also doubt that schwab.com offer that service for non resident.
You can check.
 
Etrade does open accounts for some non residents. You need to apply on the paper application.
 
There are many broker that open for non resident but non of them are offering debit card service for non resident
 
OP didn't ask for debit card.
But BTW Schwab give you a debit card and also give routing and account info for ach. Also a checkbook. For wires you need to send to their account with further credit to info. Etrade can receive wires directly to the account number.
 
fshore said:
OP didn't ask for debit card.
But BTW Schwab give you a debit card and also give routing and account info for ach. Also a checkbook. For wires you need to send to their account with further credit to info. Etrade can receive wires directly to the account number.
Click to expand...
For non resident ?
Are you sure?
interactivebrokers.com/en/index.php?f=46352&article=28225562

  • Country of legal residence: United States
  • Country of current residence: United States
  • IB Entity: IBLLC-US
  • TIN is a US Social Security Number
  • Has verified mobile number
  • Individual, Trust or Joint account excluding IRA's
  • Additional restrictions for FA Clients
 
hirenshukla2017 said:
For non resident ?
Are you sure?
interactivebrokers.com/en/index.php?f=46352&article=28225562

  • Country of legal residence: United States
  • Country of current residence: United States
  • IB Entity: IBLLC-US
  • TIN is a US Social Security Number
  • Has verified mobile number
  • Individual, Trust or Joint account excluding IRA's
  • Additional restrictions for FA Clients
Click to expand...
not sure why you link to interactive brokers?
But btw, they also open accounts for non residents. But you don't get cash management.
 
hirenshukla2017 said:
interactivebrokers.com
schwab.com
tdameritrade.com
These are best for non-US residents with no SSN/ITIN.

Three of them are leader, they do offer cash management.
I am not pretty sure about " routing and wire numbers" ?
You can check them.
What do you really mean by "routing and wire numbers"?
Do you need bank account ?
Click to expand...
Depending of the country. At least for me, only IB works. The others clow#¤%
 
I'm non resident and TD Ameritrade offer me a debit card and checkbook, the catch is that you can only fund the account with an account on your name
 
which country did you choose when filling the application? For Paraguay it didn't work:
Based on your information, we are not currently able to open an account for you. As a U.S.-registered broker-dealer, TD Ameritrade does not open accounts for residents of certain countries. If you have any questions or would like to speak to a New Client Consultant, call us at 800-454-9272..
eadeveloper said:
I'm non resident and TD Ameritrade offer me a debit card and checkbook, the catch is that you can only fund the account with an account on your name
Click to expand...
 
jjrapy said:
which country did you choose when filling the application? For Paraguay it didn't work:
Based on your information, we are not currently able to open an account for you. As a U.S.-registered broker-dealer, TD Ameritrade does not open accounts for residents of certain countries. If you have any questions or would like to speak to a New Client Consultant, call us at 800-454-9272..
Click to expand...
Ask them which countries are they accepting
 
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