Some people say that the C1 US bank account 360 Checking Account cannot be applied for with ITIN now, the first thing to say is that there is no right to speak without practice, this article I will share all the details and process of the Capital One bank account, I hope it will be helpful to you.
The market price of opening a C1 bank account online is about 8,000 yuan, and this article is worth at least 8,000. Haha! There is no need to refer to this article for the big guys who have SSN, just apply for SSN.
Introduction to Capital One 360 Checking Account
Capital One 360 Checking is a product of Capital One Bank. Capital One is an FDIC insured bank, ranked by assets Capital One is now the 12th largest bank in the United States, better than the well-known HSBC Bank (ranked 15th in the United States), American Express (ranked 18th in the United States), and East West Bank (ranked 52nd in the United States). HSBC and American Express are at the level of younger brothers in front of Capital One, and East West Bank is the younger brother. Bank of America ranks Wikipedia
The biggest advantage of the C1 360 bank account is that there is no monthly fee, no minimum deposit requirement, and no foreign transaction fee, which means that if you open this bank account, as long as you deposit $1 in it, this account will always exist and will not close your account. If you don’t save money, the account will definitely be closed for you, and of course you don’t have to close it.
After opening an account at the same time, you can use the Zelle transfer function and so on, please refer to the official website for details.
Necessary conditions to apply for a C1 360 Checking account with an ITIN
- U.S. cyber environment.
- ITIN US Individual Tax ID. Reference article: How to apply for an ITIN in China
- US private address. Reference article: Private address Anytimemailbox registration tutorial
- Successfully apply for and activate Capital One’s deposit credit card. Reference article: Capital One credit card application for teaching
- Other U.S. bank checking accounts. Reference article: 2022 Cross-border Collection and Payment Artifact Wise (formerly Transferwise) Registration and Activation Deposit and Transfer Full Tutorial or Charles Schwab Charles Schwab Account Opening Tutorial
Open an account and register for teaching
1. Go to the official website of Capital One, select Checking & Saving, and click 360 Checking.
2. Click Open Account directly.
3. Log in to your C1 account and click Yes.
4. After logging in, we basically have all the information, which is the same as the information you applied for a deposit credit card before. Check it according to the diagram.
5. Confirm that the tax information is checked and click Now, let’s add money. It should be noted here that we apply online, only if you check the consent tax information to open an account, but this tax information is a W9 form information, generally W9 form is RA needs to fill in, and at the same time agree to the following four points, as cloud residents, I don’t know whether this third point is in line or not.
Let’s take a look at the official explanation:
Are you a US person for tax purposes?
This includes U.S. citizens or a U.S. resident, U.S. corporations, or an estate or trust formed in the U.S.
The answer is that U.S. citizens, U.S. residents, U.S. corporations, and property or trusts formed in the U.S. are all general U.S. persons.
What is a U.S. resident for tax purposes? What is a U.S. resident from a tax perspective?
If you are a permanent resident of the U.S. (green card holder), you are a U.S. resident for tax purposes.
If you are a non-US citizen without permanent resident status, and need to determine whether you are U.S. resident for tax purposes, please visit the IRS at:https://www.irs.gov/individuals/int
You should click on the IRS link above to take a look, it is more complicated, which is one of the biggest risk points for us to open this account. This risk is unknown, Bank of America employees may not know, or do not understand what is a U.S. tax resident, etc., it is not clear what impact this has on our bank accounts, it may be closed, and there are also good ones that have been used. The author is a C1 US bank account opened in April, and so far it is in normal use, there is no problem, but the future is unclear.
6. Some people have successfully opened an account directly, but most of them ask to provide additional identity materials and need to call to verify personal information. Many friends give up directly when they reach this step, feeling that they can’t speak English, and don’t call C1, this call must be made and the key point, you must verify your identity by phone, and you can successfully open it after successfully submitting passport information.
Capital One 360 Checking Account Phone Authentication Details Sharing
Use the phone number you applied for before to call the phone number left for you on the web page (whether you can ask for a call on your behalf, everyone can consider it for yourself), it seems that the robot will talk to you after connecting, and then enter some information and it will be manually connected.
1. After connecting, tell him that you want to apply for a 360 Checking Account, and the C1 customer service reconnected me to another customer service at that time.
2. The second customer service connected is the customer service handled by phone. The questions asked are as follows:
- Your full name, full name
- For your SSN number, you can directly report your ITIN number
- Ask for your birthday information
- Ask for your account registration mobile phone number
- Ask for your account registration email
- Ask for your US address information
You tell him the truth about this, as long as it is consistent with the information you applied for a credit card.
3. Customer service allows you to choose whether to send you an email or text message, send you a link to upload your relevant information. I opened the link, and at that time I was directly asked to upload my passport, the phone was connected to the whole process, don’t hang up the phone, and inform him after the upload was successful.
4. Then the customer service tells us to go to this website https://www.capitalone.com/finish And enter the last four digits of your Application ID and your ITIN he told you. We clicked the next step directly, the next step is for us to link our Bank of America checking account, transfer funds from it, the author used WISE at that time to transfer in, the account arrived quickly, a few minutes to arrive, after the transfer of funds all the application work was completed, and the C1 360 Checking Account was successfully opened after a while.
Once the account is opened, Capital One will send their Debit Card to your US address, which I still haven’t received because the UPS letter I forwarded was lost (along with my Citi deposit card and Wise Debit Card, I really want to curse at them).
Other Notes:
Some netizens told me that some customer service called or asked to go to the offline bank account, and when encountering this kind of customer service, you can consider hanging up the phone and calling again, maybe changing to another customer service will be successful. And everyone’s situation may be different, please bring your own brain and analyze the specific situation.
Anyway, one word, is “dry”, although it may be more and more strict now, but as cloud residents, we have nothing to lose, what we can do is to think of more ways, persevere, unity of knowledge and action, and wish the majority of netizens a successful account opening.