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Opening A USA Bank Account by arbitrage: 4:19am On Jan 03, 2016 |
How to Open your own ETrade US Bank Account Welcome, Here you can view all the information and details you need to know to open your own US Bank account as a non resident. Ok. First things first. First, you’ll need to know the name of the bank. Your U.S. bank account will be open in: E*TRADE Financial E*TRADE Financial owns E*Trade Bank and E*Trade Securities. This bank is one of the most respected banks around the world. It provides excellent customer service. You can visit their web site in www.etradebank.com BUT WAIT, don’t try to open your account yet. You have to fill the right forms and do all the process correctly for your account to be open. The first “secret” you should know is that for opening your account you will not have to contact E*Trade Bank but E*Trade Securities, LLC. Now…. e*Trade Securities E*TRADE Securities, LLC is a member of the SIPC. They are a separate company but affiliated with E*TRADE Bank. By working with E*Trade Securities you will be able to have banking services with all the benefits. First, you don’t have to ask for a checking or saving account. This types of accounts can not be opened as non-resident. So, you will have to ask for a brokerage account. A brokerage account can be used as a checking account, you will not received interest on your balance, but you will have the choice to make stock investments and other normal checking accounts actions (like checks, make transfer, etc.) our Welcome Pack Here is a sample of the welcome pack you will receive (The VISA card as to be requested after you open your account). The bank will send you the welcome pack along with your bank account number and password for on line banking via normal mail service. Your bank account will be open 2 to 3 days after the bank received your application. The welcome pack will arrive in around 2 to 7 weeks after the bank receive your applications. You can always contact the bank to see if your bank account has been open without receiving the welcome pack. More information on this later. Fill your forms As a non-US resident you will need to fill out the following forms: #1 Your bank account application * Please note it’s necessary to print out and fill in / sign the last page of this form ( the form will be sent to your email after registration ) . click here now to start applying for Etrade Brokerage account . #2 Your withholding tax form * You are required to include this form with your application form above. - You can download the forms from attachments below here. - You can download the forms from the bank web site or here below Here you have the sample forms to guide yourself (see attachments below). Be aware that tax will not be withheld from your deposits. Tax is only withheld if you make a profit on an investment made through E*Trade. Now lets see were you have to send the forms.. Send your forms Mail both forms along with a photocopy of your passport or national photo ID to the address below: E*TRADE Securities LLC P.O. Box 1542 Merrifield, VA 22116-1542 USA If you want to use Fedex or DHL service, you will probably need to use this address (without a P.O. Box): E*Trade Securities LLC 671, N. Glebe Road, 11th Floor, Arlington, VA – 22203 USA You can confirm this information from the bank web site here . Europe, Middle East and Africa (EMEA) Residents May send their application to .. US Account Applications E*TRADE Securities Limited 42nd Floor One Canada Square London E14 5AA, UK Lets continue… Your checkbook 2 to 3 days after the bank as received your forms, you can call or email E*Trade and request your checkbook before you receive your welcome kit. You can even request it before any funds have been deposited into your account. Simply call E*Trade on 1-916-636-2510. The mail for customer service is service@etrade.com Or you can wait to request a check book after you receive your welcome pack. Remember that you are opening a “E*trade Securities Brokerage Account”. If you simply ask for a bank account they are not going to help you. You can ask for your account details at this time and login to your bank account on line. There is no need to wait for your welcome pack to access your account and deposit funds. Ok, keep going.. Your initial deposit The bank will open your account even if you don’t send any deposit with your forms. However you can fund your account by including a $1,000 US check or US money order with your applications. Or… After you have received your account number, you can fund it in any amount via your PayPal, 2Checkout.com or any other account that can send ACH transfers (direct deposits). The minimum deposit needed to open a cash brokerage account is $1,000 while the minimum to open a margin account and begin trading is $2,000. You can also wire funds from your home bank account, in any amount. Instructions on wire transfers can be found updated in the bank web site. (Remember you have to follow the instructions on how to wire money to your E*TRADE Securities account) Your VISA Platinum Debit card Remember that you will need to have at least US$ 1000 in your account to ask for your debit card. You can send the application included in your welcome pack, or you can order it from the bank web site. Next is a example of the actual VISA Platinum debit card and checkbook. If you need to take money from Paypal, Adsense, 2Checkout or other similar system and don’t have $1000 to make a deposit, I suggest you to visit our Debit & Virtual Cards Section Anyway, now you can see how to send money from your Paypal account (or a similar system) to your Bank Account…. How to send money from Paypal To receive ACH transfers (direct deposits) from Paypal, 2Checkout or any other service. Just use the following details. Bank name: ETRADE BANK Routing number: 056073573 Account number: This is your personal account number Account type: Checking Account *Remember that doing an ACH (Automated Clearing House - direct transfer) is different than a wire transfer. A wire transfer (usually used for International Transfers) has a different routing number. You can see this number updated in your bank’s web site. You can always confirm the direct deposit information from the bank website. That’s it. You have done it. Enjoy banking in the USA!!! 9 Likes 2 Shares |
Re: Opening A USA Bank Account by arbitrage: 4:27am On Jan 03, 2016 |
Guide sample forms below but the application form guide/format is bigger in size (587 KB) than the 250 KB allowed by Nairaland. So you can request the application form guide/format by email and I will forward it to you. 1 Like |
Re: Opening A USA Bank Account by arbitrage: 4:29am On Jan 03, 2016 |
New application form for ETrade Bank (not ETrade Securities brokerage account).
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Re: Opening A USA Bank Account by capspeter: 5:50am On Jan 03, 2016 |
This is very informative. Thanks bro. |
Re: Opening A USA Bank Account by Ronniedee: 12:40pm On Jan 17, 2016 |
Hello arbitrage, how can I reach u please? any email or contact #. my email is lollamee@hotmail.com. cheers |
Re: Opening A USA Bank Account by warrenweste(m): 4:59pm On Jan 17, 2016 |
nice...but how do we source for dollars to fund the account since dollar is scarce now and expensive |
Re: Opening A USA Bank Account by knostbrown01(m): 9:48pm On Jan 17, 2016 |
can I get ebook on opening a us bank account?, can you help someone withdraw to usbank account from donations? |
Re: Opening A USA Bank Account by arbitrage: 12:17am On Jan 20, 2016 |
Ronniedee: Why not contact me through my contact details below? |
Re: Opening A USA Bank Account by arbitrage: 12:20am On Jan 20, 2016 |
knostbrown01: You mean the info I put here is not enough plus the attachments? Yes i can help withdraw donations to US bank account, but where (and how) are the donations coming from? 1 Like |
Re: Opening A USA Bank Account by knostbrown01(m): 8:03am On Jan 20, 2016 |
arbitrage: please, help me send the guildline to knost99@gmail.com donations coming from Us |
Re: Opening A USA Bank Account by Trippledots(m): 7:45am On Jan 28, 2016 |
nice report op...lets say i want to open this account to save money, since d naira value is going down.pls how can one withdraw funds from this type of account later?.... arbitrage 1 Like |
Re: Opening A USA Bank Account by arbitrage: 12:10am On Jan 29, 2016 |
knostbrown01: Just copy all of them from here (above) and paste into your email by yourself plus the attachments up here. 1 Like |
Re: Opening A USA Bank Account by arbitrage: 12:11am On Jan 29, 2016 |
Trippledots: Read the information again, and you will come across words like checkbook, debit visa card, wire transfer. I think all these are enough means of funds withdrawal from the account. 1 Like |
Re: Opening A USA Bank Account by websuccess(m): 2:15am On Jan 29, 2016 |
arbitrage: You have really done a very good job. Kudos to you. 2 Likes |
Re: Opening A USA Bank Account by websuccess(m): 2:38am On Jan 29, 2016 |
Plz kindly explain this statement: Convenience & Savings >Transfer Money transactions with any institution >Five ATM fee refunds per month - from any bank >No account service fees >Just $500 investment to get started Thank a lot. |
Re: Opening A USA Bank Account by knostbrown01(m): 7:15am On Jan 30, 2016 |
arbitrage: Please, kindly helpme send the application form guide/format to knost99@gmail.com |
Re: Opening A USA Bank Account by demosoft: 11:53am On Feb 03, 2016 |
arbitrage:I need us dollars...sent you bbm |
Re: Opening A USA Bank Account by omoruyivictory(m): 1:41pm On Feb 03, 2016 |
thanks for the information |
Re: Opening A USA Bank Account by arbitrage: 2:29am On Feb 10, 2016 |
demosoft: I'm not sure I got your BBM request. |
Re: Opening A USA Bank Account by arbitrage: 2:36am On Feb 10, 2016 |
websuccess: My understanding is that: you can transfer fund from your account to any recipient in any banking institution. If you use your card on ATM where you were charged ATM fee, the bank will refund the first five fees every month such transaction occurred. There will be no account services fee unlike some accounts do have per month. Also the minimum account opening to activate your account is $500, which is still your money 1 Like |
Re: Opening A USA Bank Account by demosoft: 1:10pm On Feb 10, 2016 |
arbitrage:I sent you a mail and BBM. ..Please call 08168720865. |
Re: Opening A USA Bank Account by arbitrage: 4:14pm On Feb 14, 2016 |
demosoft: I hope you have discovered the scammer that has been communicating with you by BBM in my username. It has never been me. Beware of Nairaland fraudsters on the prowl. Hope you have not sent him the $25k. |
Re: Opening A USA Bank Account by demosoft: 9:59am On Feb 15, 2016 |
arbitrage:No I didn't ..He refused to meet my friend in abuja. Said I should transfer to him . Some lies about his contact in lagos travelling out bla bla. Thanks a lot. I am sure he is following you to monitor potential transactions. |
Re: Opening A USA Bank Account by visioneer: 9:57pm On Jun 15, 2018 |
Do send the form to me: enice200396@yahoo.com
Thanks! |
Re: Opening A USA Bank Account by yinkeys(m): 7:26am On Mar 31, 2019 |
Expensive |
Re: Opening A USA Bank Account by raylandmark: 3:25pm On May 14, 2023 |
Hi |
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