savings account without social security number in USA?

Question

Is it possible to open savings account without social security number in USA. If yes, let me know the bank deails.

Answer 1

I would bet there are not too many banks that have this. The SSN is used to keep people from making up fake names and opening secret accounts. The SSN would be used to keep the money laundering from happening.

I did read an article one time about a guy who decided to open his own private bank. He would accept money from people and put into his account at a regular bank. He used software to keep track of who his customers were and how much they had. The reason why he warrented a news story was because the FBI shut him down.

Answer 2

Yes, it is possible. You need to provide your company TIN (taxpayer identification number). You won't be able to open a bank account without some form of taxpayer ID or SSN because banks must report interest to the IRS.

Answer 3

Yes it is possible if you open a joint a/c with someone who has a SSN.