US Brokerage Account with Checking for Non-Resident

[dragodrago]

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.

 

[troubled soul]

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 ?

 

[dragodrago]

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?

 

[troubled soul]

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.

 

[fshore]

Etrade does open accounts for some non residents. You need to apply on the paper‌ application.

 

[troubled soul]

There are many broker that open for non resident but non of them are offering‌ debit card service for non resident

 

[fshore]

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.

 

[troubled soul]

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
  

 

[fshore]

not sure why you link to interactive brokers?
But btw, they also open accounts for non residents. But you don't get cash management.

 

[troubled soul]

That's my‍ point that non resident can open account but they do not get cash management .⁠

 

[fshore]

I didn't mention IB, I talked about Schwab‍ and eTrade.

 

[troubled soul]

No US broker will give cash management to non resident without SSN.

 

[jjrapy]

Depending of the country. At least for me, only IB works. The others clow#¤%

 

[exprtadvisrdev]

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

 

[jjrapy]

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..

 

[exprtadvisrdev]

Ask them which countries are they accepting⁣

 

[jjrapy]

The answer is‌ there. What else should I ask?