Can an undocumented person have a bank account in the United States? What happens to their savings and access to credit?

Individuals without legal immigration status in the United States are permitted to open bank accounts, provided they can supply the specific documentation required by individual financial institutions. Acceptable identification typically includes an Individual Taxpayer Identification Number (ITIN), a valid passport, or other government-issued identification documents. U.S. citizenship is not a prerequisite for establishing these accounts.

This policy allows undocumented residents to manage savings and access credit services within the American banking system. Requirements vary by institution, making it necessary for applicants to verify the specific identification policies of the bank where they intend to open an account.