Official Statement from Bank of America: Americans Euphoric, Easier than Ever

Bank of America has announced a significant development that makes it easier for international students and foreign tourists to open bank accounts. This change has caused excitement among customers, who now find the process simpler and more accessible.​

Traditionally, opening an account in the US required a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN). But everything has changed positively for many people.

Bank of America Makes It Possible: Opening Accounts Without SSN or ITIN

Bank of America has relaxed these requirements, and it is possible to open an account using a valid passport and proof of address, without SSN or ITIN. International students and foreign tourists especially benefit from this measure. Some of the benefits include:​

• Access to essential banking services: such as checking and savings accounts, debit cards, and online banking.​
• Ease in international transactions: such as transfers and payments in different currencies.​
• Support in multiple languages: including customer service in Spanish.

Documentation Required by Bank of America

To open an account, applicants will present primary identification, a foreign passport, or a non-immigrant visa.​ Additionally, it is mandatory to present secondary identification. For example, a foreign driver's license or a credit card with a Visa or Mastercard logo.​

Moreover, proof of address is also necessary. We are talking about a utility bill or a rental agreement in the US.​ In some cases, a Foreign Tax Identification Number (FTIN) may be required instead of an ITIN.

Customer Satisfaction and Bank of America's Words on This Measure

The response from customers has been very positive. Many highlight the ease of the process and the personalized attention offered by Bank of America. The possibility of opening an account without SSN or ITIN has been especially valued by those seeking to establish themselves temporarily in the US.​

Bank of America has expressed its commitment to financial inclusion and attention to the needs of a diverse clientele. The entity emphasizes that these measures aim to facilitate access to essential banking services for everyone, regardless of their immigration status.​

With this initiative, Bank of America positions itself as one of the most accessible financial institutions for international students and foreign tourists, reaffirming its commitment to diversity and inclusion.