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We hope you can assist us. We are a UK based Company that is looking to open a internet based $ business account but it has to be in the USA. Our Company basically buys and distributes medical diagnostic products (pregnancy tests and the like).
To explain…. We already have £ bank account in the UK and a € account in Ireland that covers our sales in Countries using these 2 currencies. We also , however, have a lot of sales in the US via Ebay.com and now Amazon.com are about to take on many of our products in the USA too. This means we will receive payments in $ and rather than have the US dollars converted to Euro or Sterling we would prefer to have the payments made in USD so we can then also use the US Dollars for purchases we make in that currency from several US, and Far Eastern suppliers that require payments in $’s. In order for Ebay or Amazon to pay us in US dollars they require we have a account in the USA so we cannot simply open a $ account in the UK.
Though the number of transactions going through the account will be relatively low the values will be quite high overall – we would estimate that they will reach some $1- 2 million PA within a year or so. Current $ sales with Ebay are already running at over $600,000 PA. We do not need a checking account but simply an internet only account where we can arrange for payments to other US $ accounts to be made by bank transfer and the account can also receive payments from only Amazon.com and Paypal as receipts into the account.
We are happy to provide or complete any documentation required even if that needs a personal visit to sign the documents.
We are obviously looking for the most economical account in terms of overall cost and if we can earn interest too on any monies that would be even better. I look forward to hearing from you
September 28, 2015 12:07:33 PM
1 person recommended this |
In reply to John, London
Thank you for your interest in opening a business account with TD, John. We'd be glad to help.
In order to open a business account with TD, we ask that you visit a TD Store during lobby hours. Please know that in order to open a business account with TD Bank, it's necessary to have a business registered within the U.S., typically within a State in which we have a presence. We're located on the East coast of the U.S. from Maine to Florida.
We encourage you to review the business accounts TD Bank currently offers by clicking here: http://bit.ly/1lWgAhe. Our web page can even make a selection based on your needs with the Business Checking Selector Tool found here: http://bit.ly/1lGeYmw.
If you have any questions while reviewing these options, a Business Banking Specialist would be happy to assist you over the telephone. You can reach them by dialing 855-278-8988. Similarly, you are able to contact us by dialing 856-751-9000 or collect with operator assistance from a land line phone by asking the operator to dial 1-215-569-0518 and we can connect you. You are also able to click here: http://bit.ly/SWDqsn to request a call.
To take a look at TD Stores you'd like to visit, please use our Store Locator here: http://bit.ly/TDStores. We encourage you to reach out to a TD Store prior to your trip to determine what documents are needed.
In addition to business documents, if your business account is going to have multiple signers, be sure to bring them with you for the account opening process. Those who are going to be signers on the account need to bring the following documents: a valid photo I.D. (Driver's License, Passport, Military I.D. etc.) and Social Security Number. For a non-resident alien opening a business account, you will need two valid forms of ID and a W-8Ben must be completed during the account opening process. Also, be sure to bring the Tax Identification Number for your business with you.
We hope this information helps, John and have a good day.
Megan K, Mount Laurel
September 28, 2015 12:07:54 PM
1 person recommended this