How to Open a Bank Account without a Social Security Number

Opening an account is considered one of the primary financial steps you may want to take after arriving overseas. Savings and checking accounts are two forms of deposit accounts offering a safe place to save and access your money.

If you have lacked a social security number (SSN) or are not eligible for one, some banks might not allow you to open an account. However, that is not true when it comes to a bank that offers various financial solutions. Some financial institutions do this with an SSN. In addition, specified personal details like an SSN and ITIN make it simpler for credit bureaus to report information correctly. Read more to learn how to open an account without SSN online.

Find an Entitled Bank account

Primarily, you will be required to look for the banks that can open an account without SSN online. In addition, you may want to inquire from workmates, friends, family members, and other community members who have encountered similar situations. 

Generally, large international banks like MyBambu can help you get started since it does not require SSN to open a bank account. Nevertheless, even some credit unions or local banks may allow people to open bank account without ssn online.

Moreover, Nowadays, MyBambu makes banking simple with free accounts opening and zero monthly fees. So no matter where you are or where you are from, MyBambu bank is the better option since it has no overdraft fees, no monthly fees, and no minimum balance. When it comes to MyBambu bank account, it is considered a significant online account since using the mobile banking app is straightforward. They also have top-notch customer service that no one has ever experienced before.

When you open a mobile bank account with My Bambu, you will be rewarded with $10.  Also, if you have mobile savings account with them, you will be accessing your account with your smartphone. Anywhere, anytime, this enables you the convenience of being in a position of depositing money and viewing account activities and your balance instantly. Also, MyBambu mobile app will make it possible to transfer funds from your online saving account to your other various Bank accounts. 

Compare Account Features and Fees

Once you own a shortlist of credit unions and acceptable banks, it would help if you review the various accounts they provide to determine which is excellent. For example, My Bambu bank offers checking accounts, which come with checks and debit cards but don’t offer you interest. Therefore, it is easy to download the mobile banking app of your preferred bank, enter the required information, take a photo of the check, and deposit check online.

When it comes to savings accounts, limit you to six fee-free, withdraw in one month, and provide more interest than checking accounts. Many individuals tend to open both savings and check accounts.

Gather Your Documents

After determining the bank, you would like to do business with; it is essential to contact the bank to inquire what is supposed to be submitted when you want to open bank account without ssn online. You will require documents that can prove your name, address, date of birth, and identification number. If the bank fails to accept your passport number, you may be required to apply for an ITIN before opening an account.

The internal revenue Service (IRS) issues ITINs to individuals who fail to qualify for an SSN but are willing to file income tax returns. 

However, it is the best banking solution for Bambu since it offers affordable and reliable services to every individual. Immigrants can also open a MyBambu account without SSN since it is all about banking without boundaries. After opening an account, you can download the MyBambu app from your device and the in-app store of Google play. The mobile banking app will be offering bank account assistance and money budgeting assistance.

Mobile banking is the best since it offers personal financial management with money controllers. The app is powerful equipment that you monitor and manage your money. In addition, Bambu mobile banking apps feature customized security features for a quicker, more safe, and secure login with passwords.

Submit Your Application

Once you have investigated banks and account types and accumulated the required documents, you can fill in the form and submit your application. Then, based on the bank, you can conduct this online through mobile banking apps. Also, you may be forced to make the application personally at a physical bank. However, if the accounts financial institution needs a primary deposit, you can deposit check online or hand over the cash.

Reading this article will make you understand how you can open a MyBambu bank account without an SSN online and get $10 as a reward. Also, you will realize that it is easy to deposit checks through mobile banking apps. Therefore, it is essential to consider opening a MyBambu bank account without a second thought.