Option 1: a US commercial bank
Holds your deposits itself.
- FDIC insurance applies only if the bank is FDIC-insured.
USA · Business Banking
US Business Bank Account from India The KYC pack prepared, submitted and followed up
Apply for a US business account from India without flying to the US. We check your entity is eligible, build the KYC pack, submit the application and answer the provider's questions until a decision comes back.
Reviewed by CA Ganpat Khemka · Last updated 24 September 2026
No government fee. The bank or platform decides on approval, not us. 250+ clients served from Kolkata, Delhi and Bengaluru.
CA and CS ledTimeline depends on the providerBest for: US LLCs and C-Corps owned from India that need to receive USD, pay US vendors and connect a payment gateway.
Professional fee
From ₹4,999
US Business Bank Account
US LLCs and C-Corps owned from India that need to receive USD, pay US vendors and connect a payment gateway.
Bank and platform options matched to your entity
USD ACH + SWIFT enabled
Multi-currency wallets
Payment gateway connected once the account is live
Debit and expense cards
Timeline
Timeline depends on the provider
What it is
US Business Bank Account, explained in plain English.
We prepare and submit business account applications for US-incorporated entities to US commercial banks and to online banking platforms that work with a partner bank. Between them they cover USD receipts by ACH and wire, multi-currency balances, cards and connections to payment gateways and accounting tools.
Key terms
The terms the bank will use.
ACH
Automated Clearing House: the US domestic bank transfer network. Most US customers pay by ACH, so a US account number matters more than a SWIFT code.
Beneficial Ownership
Under FinCEN's customer due diligence rule a bank identifies each individual who directly or indirectly owns 25% or more of the equity interests of a legal entity customer, plus one individual with significant responsibility to control or manage it. It is done when the entity first opens an account. Since 13 February 2026 a bank no longer has to repeat it every time an existing entity customer opens another account.
Receiving USD in India instead
If you export from India and are paid in USD into an Indian account, you need an import export code, not a US account.
Routes & scenarios
Match the situation to the right fix.
Option 2: an online banking platform with a partner bank
The platform gives you the account; the money sits at a partner bank.
- Ask which bank holds your balance, and get it in writing.
Option 3: a payment gateway or wallet alongside the account
Collects money from your customers.
- Settles into your bank account. It is not a bank account itself.
Banks, platforms and what the difference means for you
There are two kinds of provider, and they are not interchangeable.
A US commercial bank holds your deposits itself. If it is FDIC-insured, deposit insurance covers up to US$250,000 per depositor, per FDIC-insured bank, for each account ownership category.
An online banking platform is usually not a bank. It gives you the account interface and holds the money at a partner bank. Whether your balance is insured depends on which bank holds it, because FDIC insurance covers deposits only if the bank is FDIC-insured. Ask the provider which bank, and get it in writing.
Which providers currently onboard foreign-owned US entities changes, sometimes with no notice. We do not publish a fixed list for that reason. At the start of your engagement we tell you which banks and platforms are accepting applications like yours that month, and we apply to the ones that fit. Once the account is live, we can run your monthly bookkeeping in USD and INR.
The process
US Business Bank Account - from kickoff to confirmation.
1
Eligibility
Entity type, ownership and what the business actually does.
2
KYC Pack
EIN letter, formation certificate, operating agreement or bylaws, owner ID and address proof.
3
Application
Submitted, then we answer the provider's follow-up questions.
4
Decision
Decision from the provider. If approved, we help you fund it and connect your gateway.
Documents required
What we'll need from you.
Upload through our secure portal. We check every document against the provider's checklist before we submit.
US entity certificate of formation
EIN letter from IRS
Operating Agreement / Bylaws
Founder passports and address proofs
Beneficial owner disclosures
What the provider asks for, and what makes an application stall
Every application is the same pack, assembled without contradictions:
| Item | What it has to be |
|---|---|
| EIN letter | The IRS letter for the entity applying. No EIN, no application: set up a US LLC first if you do not have one |
| Formation document | Certificate of Formation or Certificate of Incorporation from the state, matching the entity name exactly |
| Governing document | Operating agreement for an LLC, bylaws for a corporation, signed |
| Registered agent or business address | The address on the state record |
| Owner identification | Passport for every beneficial owner, plus proof of address |
| Ownership disclosure | Each individual who owns 25% or more of the equity, plus one person who controls or manages the entity |
| Business description | What you sell, to whom, and where the money comes from |
Applications fail on mismatches more than on merits. A name spelled differently on the EIN letter and the state certificate, an address that does not match the state record, or a business description that does not fit the answers on the form, will all cost you weeks. We check each document against the provider's own checklist before submitting.
The decision itself belongs to the provider. It is not published, it is not appealable and we do not promise it.
What this costs
| Item | Regikart professional fee | Government fee |
|---|---|---|
| US business bank account application support | From ₹4,999 | No government fee |
| EIN, where the entity does not have one | Quoted with your LLC or Delaware C-Corp setup | Free. The IRS charges no fee for an EIN |
Professional fees exclude GST at 18%. Government fees, where they apply, are paid at actuals to the department and are shown separately. Fees verified on 24 September 2026.
Some providers charge their own account or card fees. Those are the provider's, not ours, and they are set out before you apply.
What you report in India once the account is live
Owning a US entity from India creates reporting, and it starts before the account does.
- Overseas investment. Money you put into the equity of the US entity is an overseas direct investment under the Foreign Exchange Management (Overseas Investment) Rules, 2022, reported in Form FC through your AD bank.
- LRS limit. For a resident individual the amount counts towards the Liberalised Remittance Scheme limit of US$250,000 per financial year, April to March.
- Annual Performance Report. An APR is filed each year for the foreign entity, certified by a chartered accountant where there is no statutory audit.
- Foreign assets in your return. A resident reports foreign assets, including foreign custodial accounts, in Schedule FA of the return for FY 2025-26. See foreign assets in your ITR.
- Late reporting. Delayed reporting under the overseas investment rules attracts a late submission fee.
Speak to your AD bank before the money leaves India. If an Indian company is paying the US entity for services, check whether Form 15CA and 15CB apply. We keep these dates on your compliance calendar.
US Business Bank Account FAQ
Common questions about a US business bank account
Not sure whether your entity will qualify? Talk to a CA and we will look at your case before you apply.
Still have questions?
Talk to a CA. We will go through your case and set out the next steps.
Talk to a CA →From ₹4,999, excluding GST at 18%. There is no government fee for a bank account application. If your entity does not yet have an EIN, that is quoted with the LLC or C-Corp setup, and the IRS itself charges nothing for an EIN. Some providers charge their own account or card fees, which are theirs and are set out before you apply.
Ready when you are
Start your US bank application
Talk to our team, confirm the scope and get a written fee quote before any work starts.
Call or WhatsApp +91 70444 94804.