How to Open a Bank Account in the US Without a Social Security Number

One of the first financial challenges immigrants face in the US is opening a bank account without a Social Security Number. Good news: it's absolutely possible. Many major banks accept an ITIN, a passport, and other alternative IDs.

This guide tells you exactly what documents you need, which banks will accept them, and how to avoid the pitfalls that lead to rejections.

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Why Banks Ask for a Social Security Number

Banks are required by law (the Bank Secrecy Act and USA PATRIOT Act) to verify the identity of customers. An SSN is the most common verification method for US citizens — but it's not the only one.

Banks can accept alternative identification for immigrants, including:

• ITIN (Individual Taxpayer Identification Number from the IRS)
• Passport (any country)
• Foreign government-issued ID
• Matricula Consular (consular ID issued by Mexican consulates)
• ITIN combined with a foreign passport is the most widely accepted combination

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Documents You'll Need

Most banks require two forms of identification:

Primary ID (one of these):

• Valid passport (any country)
• Foreign national identity card
• ITIN letter from the IRS (Form CP565)

Secondary ID (one of these):

• Matricula Consular (for Mexican nationals)
• Foreign driver's license
• Utility bill or lease agreement with your US address
• Second government-issued ID

Additional requirements:

• US mailing address (a physical address — most banks don't accept PO boxes)
• Initial deposit (typically $25–$100; some banks require $0)

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Banks That Accept ITIN and Foreign ID

Major National Banks

Bank	ITIN Accepted	Foreign Passport Only	Notes
Bank of America	✅ Yes	✅ Yes	Also accepts Matricula Consular
Citibank	✅ Yes	✅ Yes	Has specific accounts for immigrants
Chase	✅ Yes	✅ Yes	Visit a branch; online application may require SSN
Wells Fargo	✅ Yes	✅ Yes	Accepts Matricula Consular
TD Bank	✅ Yes	✅ Yes	Strong track record with immigrant customers

Online Banks (Easier to Open)

These banks often don't require an SSN at all and have simpler application processes:

• Chime — No SSN required in many cases; accepts ITIN
• Current — ITIN accepted; popular with immigrants
• Majority — Specifically designed for immigrants; $5.99/month but includes international features
• Remitly's Passbook — Checking account specifically for immigrants with no minimum balance

Credit Unions

Community credit unions often serve immigrant populations and are more flexible than large banks. Search for credit unions that serve the Latino community in your city or state.

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Step-by-Step: Opening an Account

Step 1: Get Your ITIN (if you don't have one)

While some banks accept just a passport, having an ITIN significantly increases your chances of approval and is required for tax filing. Apply using Form W-7 at the IRS website or through a Certified Acceptance Agent.

Step 2: Gather Your Documents

• Your ITIN letter (Form CP565) OR passport
• Secondary ID (Matricula Consular or utility bill)
• US address documentation

Step 3: Visit a Branch in Person

Online applications often have stricter SSN requirements. Visiting a branch gives you the best chance. Call ahead to confirm they can open accounts with ITIN.

Step 4: Ask for a "Basic" or "Second Chance" Account

If you were previously denied a bank account (for any reason), ask specifically for a second-chance checking account. Banks like Bank of America's Safe Balance and Wells Fargo's Clear Access offer these.

Step 5: Avoid ChexSystems Issues

If you have a negative ChexSystems report (from a past account with unpaid fees), Chime, Current, and Varo don't use ChexSystems and are your best options.

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Online Banks vs. Traditional Banks: Which Is Better?

Traditional banks are better if you:

• Need to deposit cash regularly
• Want a mortgage later (lenders prefer accounts at established banks)
• Need wire transfer services

Online banks are better if you:

• Were denied a traditional account
• Don't have an SSN
• Want no monthly fees and no minimum balance
• Frequently use your phone for banking

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What Happens to Your Money?

Your deposits at member banks are insured by the FDIC up to $250,000. This protection applies regardless of your immigration status. Online bank accounts are also FDIC-insured through their partner banks.

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After You Open the Account

Once you have a bank account:

1. Set up direct deposit — required for many benefits and faster payroll
2. Apply for a secured credit card linked to the account to start building credit
3. Set up bill pay to pay rent, utilities, and other bills on time (helps establish residency history)
4. Keep a positive balance — avoid overdraft fees, which are typically $30–$35 per occurrence

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This article is for educational purposes only and does not constitute financial advice. Consult a qualified financial professional before making significant financial decisions.