You've just landed in Miami, Orlando, or New York with plans to make shopping easier and even invest in the United States. But when you try to open a bank account as a tourist, you receive a polite "no" from the manager. The truth is that most American banks reject tourists—but that doesn't mean it's impossible.
In this article, you will discover exactly which financial institutions accept temporary visitors, which documents actually work, and the mistakes that cause Brazilians to waste time at agencies that would never approve their applications.
Why do American banks make it difficult for tourists to open accounts?
The American banking system is extremely cautious with non-residents. Following the September 11 attacks, the USA PATRIOT Act established strict rules for identification and combating money laundering. For banks, accepting a tourist represents a regulatory risk without much financial return.
Most traditional institutions like Bank of America, Chase, and Wells Fargo require proof of residency in the U.S.—something tourists simply don't have. Even presenting a valid passport and tourist visa, you'll likely be politely turned away.
But there is a loophole in this system. Some banks and credit unions have developed specific programs for temporary foreign residents, especially in regions with a large influx of international visitors.
Which banks actually accept Brazilian tourists?
Not all is lost. There are institutions that understand the financial potential of international visitors and have created adapted processes.
Bank of America is notoriously flexible in tourist cities like Miami, Orlando, and New York. Although they officially require a Social Security Number (SSN), many branches in these locations accept the Individual Taxpayer Identification Number (ITIN) or even process applications with just a foreign passport, as long as you demonstrate ties to the United States.
TD Bank, primarily located on the East Coast, offers accounts to non-residents through its "Beyond Borders" program. This Canadian-American bank has experience with international clients and facilitates the process for tourists who demonstrate an intention to maintain a long-term relationship.
Citibank accepts tourists at some branches, especially if you are already a Citi customer in Brazil. Transferring your international account can significantly speed up your approval, leveraging your Brazilian banking history.
Local credit unions can also be viable alternatives. The Bethpage Federal Credit Union, for example, allows tourists to become members by making a small donation to partner institutions. Once a member, you can open checking and savings accounts as usual.
Essential Documents You Need to Bring
Proper documentation can be the difference between approval and rejection. Prepare yourself properly before visiting any bank branch.
Your valid Brazilian passport is mandatory and non-negotiable. Make sure it is not close to expiring — many banks require a minimum validity of six months. Your stamped tourist visa will also be checked to confirm your legal entry into the country.
Although not technically required for tourists, having an ITIN (Individual Taxpayer Identification Number) dramatically increases your chances. This number, issued by the U.S. Internal Revenue Service (IRS), serves as tax identification for those who do not qualify for a Social Security Number (SSN). You can apply for an ITIN using Form W-7, but the process takes weeks.
Proof of address in the US, even a temporary one, is very helpful. Book your hotel or Airbnb in advance and request a confirmation letter on company letterhead. Some banks accept this document as proof of your accommodation during your visit.
Also bring proof of financial resources from Brazil: recent bank statements, income tax return, and even a letter of reference from your Brazilian bank. These documents demonstrate that you have legitimate resources and a reliable financial history, something especially important when you are applying. build credit in the US.
The Step-by-Step Guide to Opening Your Bank Account
The process requires planning and strategy. Following the correct order can save days of frustration.
First, research the agencies before traveling. Call branches in tourist areas and ask directly if they cater to tourists. Not all agencies within the same network follow the same policies—a branch in Miami might accept them while another in Atlanta might refuse.
Schedule an appointment, preferably with a bilingual manager if you are not fluent in English. Clear communication about your status as a tourist and your financial goals avoids misunderstandings.
On the day of your visit, arrive early and bring all your documentation in organized folders. Introduce yourself professionally and explain that you wish to open an account as an international visitor. Be transparent about not having a Social Security Number (SSN) and about your tourist status.
During the interview, the manager may ask about the purpose of the account. Honest answers work best: to facilitate purchases during frequent visits, to receive remittances from family, or to prepare for an eventual move to the US. Avoid mentioning intentions to work illegally—this raises immediate red flags.
If approved, the initial deposit ranges from $25 to $100, depending on the account type. Many banks offer basic accounts with no monthly fee for low balances, ideal for tourists who won't be moving large amounts of money.
You will likely receive a temporary debit card immediately, and the permanent card will arrive by mail in 7 to 10 days. Provide a reliable US address or inquire about the possibility of picking up the card in person at the branch.
Digital Alternatives: Fintechs That Don't Require a Physical Presence
The fintech revolution has transformed banking access for tourists. Digital platforms offer solutions that traditional banks cannot.
Wise (formerly TransferWise) allows you to open a multi-currency account entirely online, without ever setting foot in the USA. You receive a US account number and routing number to receive local transfers, with much lower fees than traditional banks. The Wise account isn't technically a bank account, but it works for most tourist needs.
Revolut offers a similar service with an international card and real-time currency conversion. The app allows you to manage dollars, reais, and other currencies simultaneously, ideal for frequent travelers.
Payoneer is another robust option, especially popular among freelancers and international entrepreneurs. The platform provides a virtual bank account in the US that can receive payments from American clients or marketplaces.
These fintech companies don't offer all the services of a traditional bank—you can't deposit paper checks or access physical branches. But for tourists focused on online shopping, transfers, and digital payments, they perfectly meet the need.
Mistakes That Can Make You Waste Time and Money
Knowing the common pitfalls protects you from unnecessary frustration. Brazilian tourists make the same mistakes repeatedly.
Don't try to open an account at just any random branch. The Chase branch inside a supermarket in a residential area will never approve a tourist, while the main branch on International Drive in Orlando may have specific processes for visitors.
Never provide false information about residency or visa status. Banks verify everything through government databases. An identified lie will not only result in denial, but can tarnish your American credit history before you even begin.
Avoid visiting banks within the first 48 hours of arrival. Adjust to the time zone, organize your documentation, and schedule strategic times. Managers have more time and patience on Tuesday and Wednesday mornings than on Friday afternoons.
Don't take the first "no" as final. If an agency refuses, politely ask if they know of other branches or banks that cater to tourists. Experienced staff in tourist cities usually know who is currently approving non-residents.
Beware of "facilitators" who promise to open accounts in exchange for payment. Fraudulent schemes are common, especially in Brazilian Facebook groups. Use only official bank channels or documented and licensed consultants.
Taxes and Declarations: What Tourists Need to Know
Having a bank account in the US creates tax obligations that you need to understand from the start.
Interest income from US accounts must be reported to both the IRS (US Internal Revenue Service) and the Brazilian Federal Revenue Service. Brazil taxes worldwide income of its tax residents, so those cents of interest need to be included in your annual tax return.
If your U.S. bank account accumulates more than $10.000 at any time during the year, you are required to report it using the FBAR (Report of Foreign Bank and Financial Accounts) form. This report is filed separately from your tax return and carries severe penalties for failure to do so.
For those who want file income tax in the United States In the future, keeping detailed records from the start makes things much easier. Save all bank statements and receipts for international transactions.
Many tourists are unaware that they can recover taxes withheld on American investments. Double taxation treaties between Brazil and the US provide for reductions, but you need to actively request them using forms W-8BEN.
Using Your American Account Strategically
Once approved, maximize the benefits of your US bank account.
Use your American debit card for all purchases during your travels. You'll avoid exorbitant IOF taxes on Brazilian credit cards and get a much better exchange rate for the commercial dollar than the tourist rate.
Set up automatic transfers from Brazil to the US through platforms like Remessa Online or Wise. Regularly topping up your US account allows you to take advantage of promotions and build a positive transaction history.
If you travel to the US regularly, consider linking your account to services like Apple Pay, Google Pay, and Venmo. This makes it easier to pay at establishments that don't accept physical cards and speeds up splitting bills with friends.
Monitor monthly maintenance fees. Many banks waive fees if you maintain a minimum balance or set up monthly direct deposits. Tourists can negotiate waivers by explaining that they will be making regular transactions even remotely.
Your Next Step Towards Financial Independence in the USA
Opening a bank account as a tourist isn't simple, but it's far from impossible. With the right banks, proper documentation, and realistic expectations, you can establish a financial presence in the United States even before considering permanent relocation.
Start by identifying which bank serves your destination city. Call ahead, confirm the specific requirements of that branch, and gather all the necessary documents. If you encounter resistance, don't give up—try other institutions or consider digital alternatives that work perfectly for most tourists.
Your American bank account is more than just a convenient way to shop. It's the first brick in building your credit history, the gateway to dollar investments, and potentially the start of a journey toward permanent residency in the United States.
