1- Brex Cash Management Account (like a business bank account)

Brex (widely known as Brex Treasury LLC or Brex Cash) is not an actual US Business bank account. They provide a cash management account you can deposit cash and manage it for your business as a bank account (but it is not a bank account). We can say that seems really innovative for this area because they do not charge fees on international wires. A debit card is provided depending on your demand whether physical or virtual. You can control your account via an online account. It has IOS and Android App on marketplaces. You can integrate the Brex to your 3rd party US payment service provider like PayPal, Stripe, etc. Non-US Residents (who have ITIN) can apply for it. 

Requirements for a Brex Business Bank Account

2- Mercury Bank Account

    Mercury is known as a US Business Bank Account. Their fees are really low for both international and domestic wires. They are also so friendly as a US Business Bank solution. You can deposit your check digitally. Both Physical and Virtual Debit card is provided. Non-US Residents (Foreign People) can apply for their US Business Bank Account. The better part is they currently do not require an ITIN Number from the owner of the company. You should describe your business very well. If you have a website for your business, it is an advantage for your Mercury US Business Bank Account Application. To Learn More

3- Zenus Bank Account

Zenus Bank will be launching in 2021. They seem so excited to start as soon as they are ready. We are also so curious about them. There is only a landing page for now. The app will be available for both IOS and Android marketplace. They will be accepting Non-US residents. Especially, Zenus bank points to managing your business financials internationally. They may bring a different way of approach to the concept of a remote US bank account. It is so good to see one another solutions are involved in this diversity. There is a waitlist till the launch. It is better to join the waitlist from today.

4- Transferwise

Transferwise account is famous with Borderless Account. The common account feature is managing multi-currency sub-accounts. In addition to Multi-Currency, International Transfer (SWIFT) fees are the lowest among the same service providers. They pay much attention to the visibility of your business and your US address proof. For Visibility, it is better if you have a satisfactory website. For a US Business address, you should be a valid tenant of a place. If you have a statement for a valid US Local Bank with the same address you applied for the account, That would be beneficial. And of course, you will a debit card for your account.

Their initial bank account was really virtual. There was a reference number for your transfers to wire in or out your money. You did not have a unique Account and routing Number before. NOW, you will have a unique Account and routing Number. That is a really good upgrade for both Transferwise and for account holders. It facilitates to integration of your account to Paypal or Stripe.com.

5- Payoneer

Payoneer was one of the virtual account service providers before. We can say that there were 2 widely known. One was Transferwise and the other was Payoneer. Payoneer also provides atm debit card for your account and a unique account number for your account. It integrates this account to your 3rd party Credit Card Service providers as Stripe or Paypal. You can withdraw your money in your local country. You can withdraw as your local currency or USD. People say they charge variable amounts on their transfers between 10 to 50 USD. Individual Accounts are no longer allowed to accept payments. To accept payment with this account you should create a business account. There is an annual card fee of 30 USD. If you have reasonable business in the US it is better to keep it. 

6- NorthOne

NorthOne was established in 2017 by Eytan Bensoussan and Justin Adler. They seem in love to be enthusiastic about a business banking experience. Their bank account registration form seems pretty easier. They require an applicant to be a US citizen or resident with a valid SSN or ITIN. Once you complete the application you will need to wait 2-3 days approval process.

7- Bank Novo

There is another exciting bank service in the industry. This is Novo Bank. If you had a chance to review, you will see Novo Bank has multiple benefits for its users. Besides a usual banking service, Novo has invoicing feature for unlimited. It may not surprise you but only there is a lot of paid invoicing services as a 3rd party. Novo already has it.

The feature we liked is you can use multi-sub accounts up to 5 reserves in your Novo Account. You can plan your budget for different business strategies. At last, all other bank accounts can be linked to your Novo Bank Account. Domestic Wires (in the US) are free. ACH and Check are free. Its application seems pretty easy and user-friendly. The only difference is if you are not a citizen, you should be resident in the US. It means you should have a valid Driving License or State issued ID. Once you finish your application approval pending takes 2-3 business days.

8- Axos Bank

We mainly focus on Small business checking accounts for Axos bank. They do not charge a monthly maintenance fee. They offer the first 50 checks for free. Quickbooks is compatible with Axos Bank. You can manage your account online on a web browser or its app on your smartphone.

POSSIBLE Requirements for an Axos Bank Account