"social security #'?

Question

is there any bank here in the US that doesnt required a social security # in order to open a new account??

Answer 1

Social Security number is necessary to open a bank account.

Answer 2

Not any more, not since 9/11. Federal regulations require banks to ask for two forms of ID and proof of your social security number now when you open a bank account in order to ensure that you're not laundering money for a terrorist front.

Answer 3

ITINs are not valid identification outside the tax system. Since ITINs are strictly for tax processing, IRS does not apply the same standards as agencies that provide genuine identity certification.
ITIN applicants are not required to apply in person, and IRS does not further validate the authenticity of identity documents. ITINs do not prove identity outside the tax system, and should not be offered or accepted as identification for non-tax purposes
http://www.irs.gov/pub/irs-pdf/fw7.pdf
From the W& application instructions

1. You are claiming the benefits of a U.S. income tax treaty with a
foreign country and you receive any of the following:
a. Wages, salary, compensation, and honoraria payments,
Frequently, third parties (such as banks and other financial
institutions) which are subject to information reporting and
withholding requirements, will request an ITIN from you to enable
them to file information returns required by law. If you are requesting
an ITIN for this reason, you may be able to claim one of the
exceptions described below. Enter on the dotted line next to box h
the exception that applies to you. You will not need to attach a tax
return to your Form W-7. For more detailed information regarding the
exception(s) that may apply to you, see the Exceptions Table
beginning

You need to apply for the ITIN number if you are not eligible for a SS#, banks are required to have an identifying number in order to open an account

Answer 4

A tax ID number can be used instead of a SSN to open a banking account; how else do you think foreign nationals manage their finances when they come to the US to work?

You should be able to use a current passport, valid driver's license or state ID, or other "Federal" documentation to open an account.

You can get an Individual Taxpayer Identification Number (ITIN) from the IRS. ITIN is a tax processing number that became available July 1, 1996, for certain nonresident and resident aliens, their spouse and dependents. The ITIN is only available to individuals who cannot get a social security number (SSN).

Answer 5

B of A will allow illegals to get bank accounts.

Answer 6

No, you need a TIN of some sort to open an account. If you are a US citizen or legal resident, your SSN is mandatory.

Answer 7

Federal law now requires it.

Answer 8

very confusing issue. look into onto search engines like google. this could help!

Answer 9

Nope. It's for your protection as well as the gov't.

Answer 10

No. It is used as your "tax identification number."