Business Bank Account Without SSN: Options for Immigrant Entrepreneurs
Opening a U.S. Business Bank Account Without an SSN
A business bank account is essential for any U.S. LLC or business — it separates personal and business finances and protects your liability shield. The good news: you don’t need an SSN to open one.
What You Need Instead of an SSN
The key document for opening a business bank account without an SSN is your EIN (Employer Identification Number). Every LLC can get an EIN from the IRS, and it functions as your business’s tax ID for banking purposes. Non-residents without an SSN apply for an EIN via Form SS-4 by fax or mail.
Banks That Accept EIN Without SSN
- Mercury — online business bank, accepts EIN without SSN, fully remote account opening
- Relay — business banking for LLCs, ITIN-friendly
- Bluevine — business checking with competitive rates, accepts ITIN
- Community Development Financial Institutions (CDFIs) — local mission-driven banks with flexible requirements
- Credit unions — often the most flexible; call ahead to confirm requirements
Documents Typically Required
- EIN confirmation letter from IRS
- LLC formation documents (Articles of Organization)
- Operating Agreement
- Government-issued photo ID (foreign passport accepted by most)
- U.S. business address (your registered agent address works)
Banks to Avoid
Chase, Bank of America, and Wells Fargo typically require an SSN from all LLC owners for business accounts. If you’re determined to use a major bank, ask specifically about ITIN acceptance — policies sometimes vary by branch.
Open today: Apply for a Mercury business account at mercury.com — the entire process is online and typically takes 2-3 business days.
