DTFVolunteer
Disneyland Fanatic
- Joined
- Feb 15, 2011
Slightly off topic, but I would like to open up a US bank account. I am a Canadian citizen who travels to the US often. Does anyone know how I do this?
Should be able to go to your local branch - depending on your bank of choice, of course - and just ask.
As an employee who opens accounts at BMO, the process is the same as opening a CDN account, but we need to record country of citizenship per US banking regulations. At BMO you do not need to provide proof, just telling us is sufficient.
Check into fees for your accounts - BMO links the USD account to your current banking plan for no additional fee, transfers to/from can be done online with a 12-24 hour delay on processing, payments to BMO USD MC can be done online also.
Edit: I saw this on an earlier post and didn't want to clutter the board: BMO offers its USD MC for $25 per year, however, if $1000 (think hotel, food, spending, car rental, online shopping ) is spent in one year, the annual fee is waived the following year. So in theory you only have to pay the first year fee, then depending on your spending habits, the card can be free after that.