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Canada:

1. TD Bank (Toronto-Dominion Bank):

TD offers cross-border banking services, allowing U.S. residents to open Canadian bank accounts remotely. Their TD Cross-Border Banking program provides seamless access to both U.S. and Canadian accounts. TD.COM

2. RBC (Royal Bank of Canada):

RBC provides options for non-residents to open Canadian bank accounts. While specific details about remote account opening are limited, it’s advisable to contact RBC directly to inquire about their current policies.

3. CIBC (Canadian Imperial Bank of Commerce):

CIBC offers cross-border banking solutions, including the CIBC Bank USA Smart Account, which is available to clients with an eligible CIBC (Canada) deposit account. This account is accessible to both Canadian and U.S. residents. CIBC.COM

4. Scotiabank:

Scotiabank’s StartRight® program is designed for newcomers to Canada and may offer options for non-residents to open accounts. It’s recommended to contact them directly to understand the possibilities for U.S. citizens. STARTRIGHT.SCOTIABANK.COM

Considerations:

Documentation: Be prepared to provide valid identification, proof of address, and possibly additional documentation to comply with Canadian banking regulations.

Fees and Services: Review the fee structures and services offered by each bank to determine which aligns best with your financial needs.

Yes, a U.S. citizen with no other nationality or immigration status can open a bank account in Canada or Europe without physically leaving the U.S., but the process varies by country and bank. Here are the key factors:

General Requirements:

1. Remote Account Opening Policies – Some international banks allow non-residents to open accounts remotely, but many require an in-person visit.
2. Know Your Customer (KYC) and Anti-Money Laundering (AML) Regulations – Most banks require proof of identity, proof of address, and sometimes tax information (e.g., IRS Form W-9 for U.S. citizens).
3. FATCA Compliance – Due to the Foreign Account Tax Compliance Act (FATCA), foreign banks may require additional documentation from U.S. citizens, including tax reporting details.
4. Residency Restrictions – Some banks may require a local address or residency in the country, though a few accept a U.S. address.
5. Remote Account Options – A few banks in Canada, the UK, and Europe allow remote account opening through online banking platforms or by working with a local branch of an international bank.

Possible Options:

• Canada: Some Canadian banks (e.g., RBC, TD, Scotia) allow U.S. citizens to open accounts remotely, especially if they have a financial relationship with the bank’s U.S. counterpart.
• Europe: Online banks and fintech companies (e.g., Wise, Revolut, N26) may allow U.S. citizens to open accounts remotely, but full banking services (like a local IBAN) may require proof of EU residence.

Would you like specific recommendations for a country or type of account?