How to Open a Bank Account as an International Student in the US (2025 Guide)

1. Choose the type of account: Most students open a checking account for everyday expenses. A savings account may also be useful for storing extra funds and earning small interest.
2. Required documents: Commonly requested documents include:
   • Valid passport
   • US student visa (F-1, J-1, etc.)
   • I-20 or DS-2019 form
   • Proof of university enrollment (student ID or admission letter)
   • Local US address proof (utility bill, lease, or dorm letter)
   • Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) — if required
3. Initial deposit: Some banks require a small opening deposit (typically $25–$100). Many student accounts waive monthly maintenance fees.
4. Bank selection: Popular US banks for international students include Bank of America, Chase, Wells Fargo, and Citibank. Credit unions near universities also offer low-fee accounts.
5. ATM access and online banking: Check ATM availability near your campus and whether the bank offers robust mobile and online banking services.
6. Debit/credit cards: Upon account opening, you’ll receive a debit card. International students may need to build credit history before qualifying for a credit card.
7. International transfers: If you plan to receive funds from abroad, compare wire transfer fees and services like Wise, Revolut, or PayPal as alternatives.
8. Maintaining your account: Keep track of minimum balance requirements (if any) to avoid fees. Many student accounts waive such conditions during study years.