Banking for US expats
2 minute read
6 Jun 2022
Banking for US expats
Although you may be a US citizen, it can sometimes be hard to open a US bank account if you live in another country. Most US banks will only accept an account application that includes a Social Security Number (SSN) and proof of address – impossible for non-residents. If you eventually do find a bank that will open an account for you, it can be a long, drawn-out process, which leaves you with no immediate access to your money.
But there is another way.
A US expat bank account for today’s world
Traditional ways of banking have worked for hundreds of years, but they simply aren’t suited to life in today’s world. The digital era has ushered in a need for a streamlined, simple way of banking that allows you to access your account whenever, wherever*. That’s where we come in.
We have created a US bank account for citizens living abroad that is truly responsive and quickly adapts to your needs. Our Zenus Bank account allows you to store and access US dollars. Unlike other banks, we do not require a large deposit to open your account – you can apply for an account in less than 10 minutes, giving you instant access to USD. It’s entirely up to you how often you make deposits and transfers. We believe this is the way banking should be – it should adapt to everyone’s individual needs.
To make international banking easier and more accessible, we accept over 30 different currencies. It’s also free to transfer from one Zenus Bank account to another (using our Zen Transfer, which is helpful when you have friends and family members with a Zenus Bank account too – moving money between them couldn’t be easier). We also offer ACH payments and SWIFT transfers, giving you plenty of ways to manage your money and transactions.
Additionally, Zenus Bank is a full reserve bank, meaning your money is safe at any given time as we keep all your money in your account, so you have access whenever you need it.
We also offer Zenus Bank members a Visa Infinite debit card as standard**, which has exclusive member benefits that can add a bit of luxury to your everyday life. Our benefits include plenty of travel options, perfect for when you’re flying to and from the US. And if you’re unsure or need more information, our Client Services team are just a phone call away.
Bank as though you’re still in the US and open a Zenus Bank account today.
*Zenus Bank will not open any account or process any transactions from countries which have been sanctioned by the United States Department of the Treasury, Office of Foreign Assets Control 'OFAC' and others selected by Zenus. Find out more here.
**Zenus cards are only issued in our Visa licensed countries