It is a reality that more and more latinos come to open bank accounts in the United States. Some prefer to do it in person; others, at a distance.
The truth is that for many years, popular banks like BofA, have been the first option for their excellence. But, after conversations with different analysts and even bankers, they have indicated that the number one preference is related to JP Morgan Chase affiliates. This bank (Chase) presents itself as a much safer offer than BofA, for both personal and business accounts.
It has lower percentages of closed/blocked virtual accounts than Bank of America, which makes it attractive for tourist accounts to be acquired by users directly or by known managers.
If you’re one of the lucky ones that currently own or will open a bank account in the USA, keep these recommendations in mind for your safety and peace of mind.
The latino community using these services, thanks to the guarantee of efforts by companies dedicated to offering it, continues to rise. Users must choose very well with which advisors/managers they work; but even more, with which bank to start a business relationship.