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Updated June 2026

Banks That Accept ITIN: 2026 List & Comparison

If you have an ITIN but no Social Security Number, you can still open a US bank account with many providers. This page is a quick index of the specific banks ITIN holders use most often, with a side-by-side comparison and links to a detailed guide for each one. For a deeper walkthrough of documents, eligibility, and the step-by-step process, see our in-depth ITIN bank account guide. Bank policies change frequently, so treat this list as a starting point and always confirm current ITIN acceptance directly with each bank.

Do banks really accept an ITIN instead of an SSN?

Yes, in many cases. An SSN is not a universal requirement to open a US bank account. Under IRC Section 6109, an ITIN is a valid taxpayer identification number, and federal Customer Identification Program rules under the Bank Secrecy Act (31 USC 5318) let banks satisfy their identity-verification duty using either an SSN or an ITIN. That said, acceptance is decided by each bank and can vary by product, by branch, and over time. Some online platforms welcome ITIN holders and allow fully remote applications, while certain traditional accounts may still ask for an SSN. The banks below are the ones ITIN holders most frequently report success with, but you should verify current requirements before applying.

We have grouped them into two broad categories. Online or fintech platforms (Mercury, Relay, Wise) are aimed at business owners and tend to support remote onboarding from outside the US. Traditional banks (such as TD Bank) usually offer personal checking through physical branches and may prefer an in-person visit. Your best choice depends on whether you want a personal or business account and whether you can visit a branch.

Comparison: Banks That Accept ITIN in 2026

This table compares the most commonly used ITIN-friendly banks across account type, monthly fee, and who each one suits best. Fees and policies are summaries reported as of June 2026 and may change; confirm details with the bank before opening an account.

BankAccepts ITINAccount TypeMonthly FeeBest ForGuide
MercuryYes (reported)Business$0LLC owners, startupsMercury ITIN guide
RelayYes (reported)Business$0Freelancers, small bizRelay ITIN guide
WiseYes (reported)Personal / Business$0International transfersWise ITIN guide
TD BankOften (in-branch)PersonalVaries (often waivable)Branch bankingTD Bank ITIN guide

"Yes (reported)" means ITIN holders commonly report being able to open accounts with these platforms; it is not a guarantee for every applicant. Traditional-bank acceptance can depend heavily on the individual branch, so calling ahead is strongly recommended.

Detailed guides for each ITIN-friendly bank

Each bank has its own application flow, document requirements, and quirks. Use the guides below to see exactly what each provider asks for and how to apply as an ITIN holder.

How do you choose the right ITIN bank?

Start with what the account is for. If you own a US LLC or run a business, an online business platform is usually the simplest path because onboarding is remote and fees are typically low. Mercury and Relay are both built for company finances, while Wise stands out when you regularly send or receive money across currencies. If you want a personal account with branch access and in-person support, a traditional bank like TD Bank may fit better, especially if you live on the US East Coast or can visit a branch.

Next, check the practical details before you apply: whether the bank accepts remote applications, the exact documents required (most ask for your CP565 ITIN assignment letter, a valid passport, and proof of address, plus an EIN and formation documents for business accounts), any monthly fee and how it can be waived, and whether ITIN holders are explicitly supported. Because acceptance varies by branch and changes over time, a quick call or chat with the bank can save you a wasted application.

For the full document checklist, the legal background, and a step-by-step opening process, read our in-depth ITIN bank account guide. If you are weighing whether to open a personal or business account, that guide covers the trade-offs in detail.

You need an active ITIN first

Every bank on this list requires a valid taxpayer identification number, so you must have an active ITIN before you apply. The IRS issues ITINs through Form W-7, and processing generally takes 6 to 11 weeks. Working with a Certifying Acceptance Agent (CAA) lets you verify your documents without mailing your original passport to the IRS. Once your ITIN is assigned, you can move straight to opening your account.

If you have not started yet, see how to get an ITIN number for the full application path.

Related banking resources

Frequently asked questions about banks that accept ITIN

Several US banks and fintech platforms have historically accepted an ITIN in place of an SSN for account opening. Online business platforms such as Mercury, Relay, and Wise are popular with ITIN holders because they support remote applications, and traditional banks such as TD Bank have branch options. Policies and document requirements vary by provider and can change, so always confirm current ITIN acceptance directly with the bank before applying.

Need an ITIN before you open your bank account?

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