How To Open Your Bank Account In The United States

Open and Manage Your Business of Personal Account in the USA

What you’ll learn
Objective no. 1 is to help you understand how the U.S. banking system works, all in simple and clear language.
Objective no. 2 is to provide you with the information you need to open and manage your own bank account in the United States.
Requirements
No special knowledge is required to take this course.
Description
Do you want to open and manage yourself your bank account in the United States?If you are a foreign entrepreneur, this practical course is for you!This third course in the YES TO ENTREPRENEURS® series will help you understand how the American banking system works. It will also provide you with the tools you need to open and manage your own bank account in the United States, both business and personal.Together, we will explore several aspects of the banking world in the United States:Banking regulation and agenciesTypes of bank accountsChoice of bankPrerequisites to open a bank accountBank account managementBank transfers and less expensive solutionsBank cards – debit, credit, hybridMerchant accounts – Visa, MasterCard, American Express, DiscoverPayPal accountAlternative solutionsGo for it! Open and manage your own bank account in the United States.***A lawyer by training, Vincent Allard is above all an entrepreneur.In 1999, although he was well established in Montreal, Canada, he decided to immigrate to the United States with his family and their dog Rusty.In 2001, he launched CorpoMax Inc., specializing in the creation of U.S. companies.For 20 years, Vincent Allard has helped 5,000 entrepreneurs from over 50 countries start their businesses in the United States.He is a regular speaker on the organization and launch of U.S. companies.

Overview

Section 1: Introduction

Lecture 1 Presentation

Section 2: Understanding the Banking System in the United States

Lecture 2 Banking Regulation

Lecture 3 Federal Regulatory Agencies

Lecture 4 Anti-Money Laundering and Antiterrorism

Lecture 5 Types of Banks

Lecture 6 Active Banks in the United States

Section 3: Everything About Bank Accounts in the United States

Lecture 7 Types of Bank Accounts

Lecture 8 Bank Documents to Sign

Lecture 9 Bank Account Details

Lecture 10 Bank Account Management

Lecture 11 Bank Cards

Lecture 12 Bank Statements

Lecture 13 Bank Checks

Lecture 14 Bank Transfers

Lecture 15 Bank Fees

Lecture 16 Bank Customer Service

Section 4: Business Bank Account: Facts … and Secrets!

Lecture 17 Choice of Bank

Lecture 18 Prerequisites of a Business Account

Lecture 19 Sensitive Areas of Activity

Lecture 20 Authorized Signatories

Lecture 21 Use of the Bank Account

Lecture 22 One Bank Account Is OK. But…

Lecture 23 Need a Real Credit Card?

Lecture 24 Bank Compliance Department

Lecture 25 Closing the Bank Account

Lecture 26 Personal Bank Account: Some Tips

Lecture 27 Alternative Solutions

Section 5: Merchant Account and PayPal: Yes, It Is Possible!

Lecture 28 Merchant Account: Visa, MasterCard, Amex, Discover

Lecture 29 PayPal Account

Section 6: Conclusion

Lecture 30 If I Were You…

Section 7: Useful Resources

Lecture 31 Useful Resources

Any entrepreneur who wants to start a business in the United States,Executives of foreign companies wishing to enter the U.S. market,Accountants and tax specialists,Lawyers and legal advisers,Representatives of government agencies,Professionals providing export assistance services