Here is a checklist of the general documents you will need to open a bank account whether online or in person:
- Identification: You’ll need to provide a valid, government-issued photo ID, such as a driver’s license or a passport.
- Personal details: You’ll likely need to provide other basic information to verify who you are, if it’s not on your identification, such as date of birth, Social Security number, phone number and email address.
- Proof of Address: Such as an apartment lease, business letter and even you ID shows your current address etc.
- Money: Online, transferring funds from an existing account or submitting a money order will do. Cash or checks are acceptable at most branches.
Additional Information:- If you’re opening a joint account: Since this account is owned by multiple people, all owners’ information is needed to set it up. Online, this might just mean you need to have their information handy when filling out the application.
- If you’re not yet 18: Minors usually must have a parent or legal guardian as a co-owner who can sign legal documents with the bank.
If opening a business account, you will need to provide additional information besides the above required information.
You will also need:
- Employer Identification number (EIN): This is a 9-digit number from the IRS. It is used to identify tax accounts for employers.
- A copy of your business license or your certificate of incorporation.
Documents |
Identity | Signature | Address |
Passport | YES | Yes | Yes |
Pan Card | YES | YES | NO |
Drivers license | YES | NO |
YES |
Election Card | YES | NO | NO |
Debit/Credit Card | YES | YES | NO |
Bank Account | NO | NO | NO |
Employers Letter stating Mailing Address | NO | NO |
YES |