How to open a TD Bank account as a non-resident
TD Bank offers branch and account services across the US and Canada. As a Canadian bank, its non-resident USD account products are mainly aimed at Canadians who travel frequently to the US. Some accounts are offered through TD Canada, and some are from the US based TD Bank. Eligibility and account opening rules vary depending on the account you prefer.
This guide walks through some of the TD bank non-resident account options for people looking to manage their money in USD from outside of the US. If TD Bank isn’t right for you, we’ve also got you covered with an introduction to some more flexible alternatives like Wise and Revolut.
Quick summary: TD Bank non-resident account
- TD Bank offers cross border banking services to Canadians who travel often to the US – if you’re a non-resident based in another country you may not be able to open a TD Bank USD account
- TD Bank non-resident account options in the US include USD checking accounts and ways to earn interest on your USD savings
- TD Bank USD accounts for non-residents may have monthly fees, but there are often ways to have these charges waived
- To open some TD Bank non-resident accounts you’ll need to visit a TD Bank branch – if you’d prefer a fully digital account opening process, consider an alternative like Wise or Revolut
| FAQs | Answers |
|---|---|
| Can I open a TD Bank account without address proof in the USA? | You can open some TD Bank USD accounts with Canadian documents and information. These services are aimed at Canadians who travel often to the US. |
| Can I open a TD Bank account without SSN? | To open a TD Bank account online you’ll be asked for your SSN. If you can’t provide your SSN you may need to visit a branch to open your account. |
| Can I open a TD Bank account online as a non-resident? | You may be able to open a TD Bank USD account online as a non-resident if you have a Canadian address. If you reside in another country you may need to visit a branch to get started. |
Can I open a TD Bank account as a non-resident?
TD Bank operates primarily in Canada and the US, and offers comprehensive cross border banking services. This includes providing USD accounts to Canadians who are not full time US residents.
Some TD Bank non-resident USD accounts are offered through the Canadian based part of the bank, while others are set up through the US branches. The account options, features and fees depend on which organisation you prefer.
If you’re not a resident of the US, and don’t have Canadian residency and ID documents, you might find it harder to open a TD Bank USD non-resident account.
| Advantages – TD Bank non-resident account | Disadvantages – TD Bank non-resident account |
|---|---|
| ✅ Comprehensive cross border services ✅ Savings and checking account options ✅ Some accounts can be opened online ✅ Checking accounts often have ways to waive monthly fees | ❌ Not all accounts are offered to people residing outside the US and Canada ❌ Some TD Bank accounts can only be opened online ❌ Service and transaction fees are likely to apply |
Instead, you could select a USD account from a provider like Wise or Revolut, which offers USD account details to people who live in many countries and regions around the world.
How to open a TD Bank account as a non-resident
The exact steps to open a TD Bank USD account depend on the specific account you choose, and whether it is offered through the TD Bank service in Canada or the US. Here’s an overview, and we’ve got more details in just a moment:
1. Choose the account you prefer and check your eligibility
TD Bank offers cross border banking services through their Canadian organization and through the US based TD Bank organisation. The features and eligibility rules for these accounts can vary – when you choose the account you prefer you’ll need to double check you’ll be eligible to open it before you apply.
2. Gather the required information and documents
If you’re a Canadian resident opening an account with TD Bank in Canada you’ll usually be able to apply online, and can even use your existing banking information to speed up the application. If you’re applying in the US organisation you’ll usually have to provide some ID and your SSN, and you may be required to visit a branch.
3. Apply online or in branch, and get verified
The application process can sometimes be completed online, but some TD Bank US accounts for non-resident can only be opened by visiting a physical branch location. Check the account opening processes offered for your preferred account type.
4. Fund your account and start to transact
When you’ve shown your ID and completed the account opening and verification process you can start to transact. Account information, like a checkbook or card, can be mailed to your home address if you’ve applied online.
TD Bank non resident account requirements
To open a non-resident account with TD Bank you’ll usually have to be aged over 18, with the required paperwork for verification. You will also have to add money to your account upon opening, with a debit card or bank transfer, and you’ll need to have your phone with you to set up your account security features.
What documents do you need to open a TD Bank non-resident account?
The exact paperwork you need to open a TD Bank non-resident account might depend on the account you select. Generally you will be asked for the following:
| 📁 Required documents and information for TD Bank non-resident account |
|---|
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What is proof of residency for TD Bank?
Depending on the account type you select, TD Bank might require additional documents to prove your residency and address. The bank team will confirm what’s needed when you apply for your preferred account.
Proof of address for TD Bank non-resident account
If you are asked for a proof of address document for TD Bank you’ll usually have to provide one of the following:
- Utility bill – billed in your name and within the last 3 months
- Bank or credit card statement – statement in your name, from within the last 3 months
- Government correspondence, such as a tax statement in your name
Can I open a TD Bank account without SSN?
TD Bank in the US requests an SSN if you open your account online. If you don’t have an SSN you might be able to open your account in a branch instead, using an ITIN or other tax identification number.
🎯 Alternatives to TD Bank account for non-residents
Whether or not you can open a TD Bank account as a non resident might depend on where you are based, and the specific account you prefer. TD Bank offers USD accounts to Canadian residents, but for people living elsewhere your options may be limited. Here are a few alternative providers which you might consider, which offer flexible low cost services for non US residents:
| Provider or bank | 🏦 Eligibility | 🌍 Supported currencies | ⭐ Features | 💰 Fees |
|---|---|---|---|---|
| TD Bank | Primarily targeted at US and Canadian residents | USD and CAD | Checking and card services, international transfers, mortgages | Monthly fee up to 4.95 USD Transaction fees apply |
| Wise | Available for residents in many countries globally | 40+ currencies available | Card services, international transfers, currency exchange | No monthly fee Transaction fees apply |
| Revolut | Available in many countries – not offered to Canadian residents | 25+ currencies available | Card services, international transfers, currency exchange | Monthly fees may apply depending on account selected Transaction fees apply |
| Bank of America | Non resident accounts for people with a US address | USD | Full suite of USD financial products and services including credit and loans | Monthly fees may apply depending on account selected Transaction fees apply |
*Details correct at time of research – 23rd July 2025.
About Wise pricing: Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information.
Wise account
| 💡 Great for: USD and 40+ other currencies supported for holding and exchange |
Wise Accounts can be opened by residents of many countries and regions globally, and offer 40+ supported currencies with mid-market exchange rates and no hidden fees.
You can get your linked Wise Multi-Currency Card to spend online and in person, send international payments with low fees and fast delivery times, and use USD account information to receive payments conveniently.
In total, the Wise Account offers account details for 20+ currencies which can be used to receive payments with low fees. That makes this a great pick for non US residents who need to manage their money across a broad range of currencies.
| Wise account pros | Wise account cons |
|---|---|
| ✅ 40+ currencies supported ✅ Open from the US and many other countries ✅ Low transaction fees and no monthly charges ✅ Fast payment services | ❌ Some transaction fees apply ❌ No branch network |
Wise account fees & limits
| Features | 💡 Wise pricing and limits to know: |
|---|---|
| 📌 Eligibility | Available in many countries and regions globally including US, Australia, UK and Europe.
Check here if you can open a Wise Account from the country you reside in. |
| 💰 Account fees | No monthly fees, transaction and currency conversion fees can vary depending on the country you live in |
| 💱 Currency conversion | Mid-market exchange rate |
| 🌍 Supported currencies | 40+ currencies for holding and exchange |
| ⬆️ Sending international transfers | Send to 140+ countries with low, transparent fees |
| ⬇️ Receiving international payments | Account details provided to receive payments in 20+ currencies, including major currencies like USD, CAD, GBP and EUR. |
| 🎯 Limits | Often no holding limit, payments have high limits which vary by currency. More info: Wise limits |
*Details correct at time of research – 23rd July 2025. About Wise pricing: Please About Wise pricing: Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information.
How to open a Wise account as a non-resident
- Download the Wise app or open the desktop site
- Select the option to Sign Up
- Follow prompts to enter your personal and contact information
- Upload the required documents for verification
- Tap + to open a USD account from the Wise app
| 📚 Learn more: How to open a Wise Account |
Revolut account
| 💡Great for: Hold and exchange 25+ currencies in one account |
Revolut is available in many countries and allows customers to hold USD and 25+ other currencies, with a linked debit card for spending and withdrawals. Account options do vary, but in most cases you can choose from different account plans depending on the features you require, including some which have no monthly fees.
Revolut is not available in Canada – if you’re looking for a USD non-resident account and have a Canadian address you’ll need an alternative like Wise.
| Revolut account pros | Revolut account cons |
|---|---|
| ✅ Choose from different account plans ✅ Some accounts have no monthly fees ✅ All account offer a linked payment card ✅ Some no fee transactions are available on all account plans | ❌ Not globally available ❌ Monthly fees apply to the most feature packed accounts |
Revolut account fees & limits
| Features | 💡 Revolut pricing and limits to know: |
|---|---|
| 📌 Eligibility | Available in many countries and regions – not supported in Canada |
| 💰 Account fees | Variable monthly fees depending on account selected and your location |
| 💱 Currency conversion | Weekday conversion using the Revolut rate to plan limits, then fair usage fees may apply |
| 🌍 Supported currencies | Usually 25+ currencies supported |
| ⬆️ Sending international transfers | Low transfer fees – some account plans also offer discounts on costs |
| ⬇️ Receiving international payments | Receive payments in select currencies with local and SWIFT account details |
| 🎯 Limits | Limits can vary depending on where you live |
*Details correct at time of research – 23rd July 2025.
How to open a Revolut account as a non-resident
- Download the Revolut app
- Select the option to Sign Up
- Follow prompts to enter your personal and contact information
- Upload the required documents for verification
- Once verified, tap Accounts to open a USD balance
| 📚 Learn more: How to open a Revolut Account |
Bank of America account
| 💡Great for: Non resident account from a US bank which has a large branch network |
Bank of America offers non-resident accounts which are aimed at professionals and international students who have a US physical address but who are not permanent residents.
The accounts suggested include the Bank of America Advantage Banking products which all have monthly fees, with ways to waive fees in most cases. Accounts support USD only for holding, but you can get a card and checking services for convenient payments.
| Bank of America account pros | Bank of America account cons |
|---|---|
| ✅Full banking service available ✅ Branch and ATM network offered ✅ Ways to waive monthly fees on most account types ✅ Specialist account products for families and students | ❌ Can only be opened in branch ❌ You must have a physical US address |
Bank of America account fees & limits
| Features | 💡 Bank of America pricing and limits to know: |
|---|---|
| 📌 Eligibility | US non residents who have a physical address in the US |
| 💰 Account fees | Monthly fees apply on Advantage accounts, with ways to have them waived in some cases |
| 💱 Currency conversion | Bank of America rates which may include a fee |
| 🌍 Supported currencies | USD |
| ⬆️ Sending international transfers | Send payments internationally – fees and rate markups may apply |
| ⬇️ Receiving international payments | Receive payments in USD only – 15 USD fee applies |
| 🎯 Limits | Variable limits may apply depending on the account you select |
*Details correct at time of research – 23rd July 2025.
How to open a Bank of America account as a non-resident
To open a Bank of America account as a non-resident you must make an appointment at a physical branch location and take along all your required information and paperwork.
| 📚 Learn more: How to open a Bank of America Account as a non-resident |
| ⭐ If you’re a foreigner looking to open a non-resident bank account in the US, these guides might be helpful: |
Can I open a foreign currency account with TD Bank?
Yes. TD Bank offers USD and CAD services, and can also offer foreign currency deposit accounts for savers in a range of currencies. To open a foreign currency account you must visit a branch and you’ll have to maintain a minimum deposit amount to avoid fall below fees.
Multi-currency accounts from providers like Wise and Revolut could be more convenient. Both support a broad range of currencies and can be opened online and in app.
| 📚 Read more on Best foreign currency bank accounts in the US, or Wise Acount Review and Revolut Review for more info. |
Conclusion: TD Bank account for foreigners in the US
TD Bank is a Canadian bank which also has branches in the US. Primarily, TD Bank supports cross border services for people who live and work between Canada and the US. You can open a TD Bank non-resident account if you’re based in Canada – if you live elsewhere you might find the services are more limited.
If you’d prefer a more flexible account which supports many currencies and can be opened entirely online or in app, check out providers like Wise and Revolut. Both offer accounts with no monthly fees and linked cards for easy spending and withdrawals in the US and overseas.
| 📚 If you’re looking to move your finances with TD bank, this guide might help: TD Bank international wire transfers |
TD Bank non resident account FAQs
Can I open a TD Bank account online as a foreigner?
You may be able to open a TD Bank account online if you have ID documents which have been issued in the US or Canada. In some cases, non residents are asked to visit a branch to open an account.
Can a tourist open a TD Bank account?
You’ll need to meet eligibility criteria to open a TD Bank account – this may mean that not all accounts are suitable for tourists in the US. Take a look at cross border banking services from TD Bank in the US to get a feel for the options – or choose a different provider like Wise.
Can a non-US citizen open a TD Bank account?
Yes. You can open a TD Bank account with a foreign passport as ID. Other eligibility criteria may still apply, so do review the terms and conditions carefully before you apply.
Can I open a TD Bank account with a passport?
Depending on your situation you may be able to use a passport as one form of ID to open a TD Bank account. However, other documents are still likely to be required, such as a proof of address and SSN.
