It seems as if your question is more suited for a bank representative to answer. Talk to your local bank(s) about it and pick the best deal for your company.
You should talk to some banks as previously suggested. You should also consider how to organize your companies and cash flow to minimize your tax liability.
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You may have trouble opening an account in a business name without a properly formed/registered US business. As my colleagues stated, the best source would be direct contact with the bank you want to use, especially if you already have an account there. I know that Citibank and JP Morgan Chase operate globally, including India, so you may want to open an account in India that you can access in the US. That seems to be the least restrictive avenue. You should talk to an accountant and/attorney about any of these actions before you do it, that way they can advise as to the best procedure. You will have to provide them with specifics on your business and the investors.
Feel free to contact me if you need assistance.
All comments and/or opinions are for general information, and do not create an attorney-client relationship. In order to obtain a comprehensive and accurate legal opinion you should consult an attorney with the specific and detailed facts or your case/question.
You cannot open a bank account for a foreign entity, unless in certain circumstances and for special investment purposes. Talking about an operating bank account, you need to set up a US company, obtain the federal tax identification number and then with the operating agreement you can open a bank account. Please retain an international firm. We have an Indian attorney in our team. Feel free to consult. Best.
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