Do I need to be physically present in US to open
my US bank account ?
NO. You just need to submit the
necessary documents to the bank using normal mail service or courier
service per what we stated in our information kit. You DO NOT
need to be physically present in US to open your US bank account.
2) What is the initial deposit?
When you apply for this US bank account, there is no initial
deposit. However, once the account is approved, you have to have USD
1000 in your account in order to apply for the FREE Platinum ATM Debit card. You can also transfer money from your PayPal or other
internet merchant accounts to top-up your account.
3) Do I need a SSN (social insurance number) to
open the US bank account ?
NO. Only a photocopy of your passport is needed and is
required to prove your identity at this moment. Although the application
form has a SSN field to ask for your SSN, you can safely skip it if you
are non-US citizens
4) How do I deposit money into my US bank account ?
There are 5 methods you can deposit money into your US
bank account once it is approved. All deposits made must be in US
dollars. No other currencies will be accepted
i) Wire transfer (From anywhere in the world)
ii) ACH transfer (Applicable to US banks only)
iii) From your Internet Payment Provider such as PayPal, 2CO, BidPay and
iv) US checks deposit
v) Personal checks, Bank draft or Money Order (MUST be drawn on banks
with US offices and payable in US dollars)
5) What is the
withdrawal limit per day?
You can withdraw up to USD 500 per day
at any ATM that accepts the our ATM card.
You can make purchase with your ATM debit card either offline or online. There is no
transaction fees charged when you use your ATM Debit Card. (FREE for 5
times per month)
6) Is there any
monthly charge for my Platinum ATM debit card.?
No. There is no monthly or annual fees for the
debit card. There is NO SERVICE FEE as well when you use your Platinum
ATM debit card for ATM cash withdrawals or make any purchases.
7) Do I get a FULL
refund if my account application is rejected?
Yes, you will get 100% money back* if your application
is rejected. You need to send us the official reject letter from
the bank to prove that your application is rejected and you should get
your refunds within 24-72 hours. So far, our success rates is 100%
unless your passport photocopy is not clear, the application form is
filled up wrongly or you may have applied from the countries (please see
FAQ #7) that are not eligible to apply. Like we mentioned above, your
refund request MUST be supported with a scanned letter from the bank
stated that they have rejected your application.
8) Which countries' citizens are not eligible to
open this US Bank Account ?
Countries that are not allowed to open the US bank
account are Canada, Cuba, Iran, Iraq, Libya, North Korea, Sudan,
Liberia, Sierra Leone, the UNITA faction in Angola, Syria and Burma
9) Can I transfer my PayPal money into this US bank
account and vice-versa?
YES, absolutely. Just select the "withdraw" function
from Paypal web site ,fill in your bank details and that's it. You
can also transfer money from your Bank
Account to your PayPal account if your Paypal doesn't have enough fund
to make payments. In other words, if you are in PayPal,
you can "Withdraw Funds" to your bank account and also "Add Funds".
10) How much do I
really save from opening a US bank account as compared to using my
internet affiliate partners to sent me a US check (cheque)?
You actually save a lot both for time and money. For
instance, you have saved approximately a few hundreds to a few thousands
on flight tickets to be physically present in US to open your US bank
account. Also, you save on bank charges of approximately USD15-20 for
each US check clearance. In term of time, it takes approximately 4-6
weeks for the check to arrive from USA, and it takes another 4-6 weeks
for your local bank to clear the check. That is approximately 19 weeks
time spent to clear your US check.
In one year, you may have paid up to USD180-USD200 on bank charges to
cash out your money which you earn from your online business. With this
US bank account, you can now transfer money for FREE to your US checking
account and it only takes 2-3 days for clearance and it has no charges.
11) Why are some people or companies on the
internet charging USD150-200 to open a US bank account? Are they
Those companies charge a much higher fees because they
apply the US bank account for you on your behalf and make hefty profits.
Most of the US banks do not permit ANY 3rd party to apply a US bank
account on a person behalf due to fraud, money laundering and the
patriot act. There are some parties on the internet that charges much
lower fees than us but they provide you with a scanned version of the
account application form which are not very clear and will be rejected
by the bank easily. The account application forms that you will be
getting from us are the exact and the latest forms that the US bank
provide to us. We even include an example forms with step-by-step
details to guide you through on how to fill up the forms to reduce the
mistakes made during form fill up. Importantly, we provide you a 60 days
money back guarantee if your application is rejected by showing us the
19) Will my identify such as name, address and
other confidential information is at exposed or at risk when I purchase
No. One of the reasons we charge such a low fees
compare to our competitors because we don't apply this US bank account
on your behalf like what other companies do, it is a 100% DIY package
that you apply the account on your own so your identity is safe with
13) Can I open a company
account (business account) with your information?
The information provided here
is valid for both individual accounts and
* Please note that for
company accounts (business account), you
cannot apply for the ATM debit
card. Some of my clients opened a company/business account so
that they can withdraw money from their PayPal
account to the bank account (free), and then wire
them out to their local bank account (USD25, must
have the same account name). This is the how
they can get their PayPal money out. Another
alternative is that you open an individual account besides the business
account, with that, you can transfer money from your business account to
your individual account and later use the ATM card that comes with the
individual account to withdraw money from your local ATM.
14) Should I file a dispute to my credit card
company if my refund request is not honored by knowledgeheaven.com ?
In knowledgeheaven.com, we have never refused a
legitimate request for a refund. If your US bank account application is
rejected by the bank and you can show us a proof, you should get your
refunds within 24-72 hours. When you dispute a charge with your credit
card company. You can cost us USD $20 - $25 in service charges even if
you rescind the dispute. Therefore, please contact us first and give us
an opportunity to resolve your issue before you file a dispute to your
credit card company. Filing a dispute with your credit card company
before contacting us and providing us with the opportunity to make you
happy is not fair - please do not do this as we have never denied a
refund to any customer who has requested one if they can show us a proof
that their US bank account application is rejected..
15) What helps will I get if I face problem
in filling up the application forms ?
Our support staffs are always here to help you should
you face any problem in filling up the forms. Please send all your
or fill up the online contact form HERE for after sales supports. Customer satisfaction
is always our top priority.
We are ready to serve your needs.