Can Brits get a US bank account?

Discussion in 'UK Community Board' started by Pluto80, Jan 13, 2018.

  1. Pluto80

    Pluto80 Mouseketeer

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    Title says it all really. We’d really like to get a US bank account (mainly so we can pay our DVC dues monthly). Just wondering if it’s even possible, and if anyone has done it.
     
  2. BadPinkTink

    BadPinkTink DIS Veteran

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    well when I moved to the UK I had a very hard time to get a bank account.

    I needed a national insurance number but because I had just arrived in The UK, I first needed a job to get a national insurance number. When I started work my employer rang up and got me a temporary one so that I could be put on the payroll, and made an appointment for me to have an interview to get a proper one.

    At the interview I needed proof of work AND proof of address. So I then had to register for council tax. Which meant another interview process where I had to show my passport and flat rental agreement.

    It took about 6 weeks to get my national insurance number sorted and get registered for council tax.

    Once I had all that sorted I then went to the bank. I needed my passport, to show that I was an European citizen and could legally work and live in the UK, I needed my national insurance number, I needed my council tax documents to show proof of address and I needed payslips to show that I had a job.

    Im guessing its the same type of process and similar types of documents are needed to open a bank account in America.
     
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  4. disney212

    disney212 DIS Veteran

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    Bank of America will allow you to open a US savings account.
     
  5. Pluto80

    Pluto80 Mouseketeer

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    Can monthly direct debits be taken from a savings account, or only a checking account?
     
  6. wilma-bride

    wilma-bride <<This space intentionally blank>> Moderator

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    Yes, it is possible. Suntrust will allow you to have a US bank account, there is a charge for it though, unless you make a certain number of transactions a month. You can now make part payments directly to your DVC account towards your dues, so unless you really wanted to have a direct debit set up, you could just go in each month and make a payment.
     
  7. disney212

    disney212 DIS Veteran

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    Yes, you can also access it via a Barclays machine while in the UK.
     
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  8. Lee Matthews

    Lee Matthews DIS Veteran

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    Could you not open a UK Monzo current account and use that to do your Dues? They don't charge conversion fees so you'll pay what you actually owe? Saves faffing with a US account.

    I may be totally wrong and it's for other reasons you need a US account
     
  9. 1andrea

    1andrea DIS Veteran

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    Great advice. We were looking. To open one for our dues too x
     
  10. GreatLakes

    GreatLakes DIS Veteran

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    ACH rules allow for both savings and checking but whether or not a specific institution allows it depends on their policies and, as often as not, the capabilities of their core banking software.

    You will need to pass OFAC checks but yes, most banks will allow foreign account holders.
     
  11. londontime

    londontime DisDad #818. London. Allo Mairee Pawpins.

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    Suntrust is the one most UK DVC'ers go to, as there's one right outside Disney that caters for it. It just seems a bit of a faff, we either use Monzo, or whack it out in one on a 0% card and then close that. Or you can just pay it up front every month on the DVC website.
     

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