A US business account opens your dropshipping business to better financial opportunities.

Dropshipping has become a popular business for entrepreneurs because it doesn’t require buying or storing inventory. With its large online consumer base, the US market offers huge sales opportunities for non-residents looking to expand globally. However, having a local business account is important to succeeding in the US. 

A business account not only simplifies transactions and helps lower currency conversion fees, but also boosts credibility with suppliers and payment platforms. In this article, we’ll explore the advantages and challenges of running a dropshipping business in the US, and then guide you through opening a US business account.

Advantages of Starting a Dropshipping Business in the US

Before we proceed with opening a business account, let’s discuss dropshipping first.

Starting a dropshipping business in the US can lead to countless opportunities. The country’s large e-commerce market and diverse consumer base create a perfect environment which can lead to fast growth and steady profits. Below are some key advantages:

• Lower Overhead Costs

You don't have to purchase or store inventory upfront, which helps you save money on warehousing and shipping until you make a sale.

• Access to a Large Consumer Base

With millions of online shoppers in the US, you have a huge market to tap into, increasing the chance of higher sales.

• Flexibility and Scalability

You can run your dropshipping business from anywhere in the world, and it’s easy to add or switch products as your business grows.

Common Challenges Facing Foreign Dropshippers in the US

Even though the US market offers huge opportunities, it also has challenges for non-resident entrepreneurs. Here are some of the main pain points you might face:

• Shipping and Logistics

Longer shipping times from overseas suppliers can lead to customer dissatisfaction, and handling returns or exchanges becomes more complicated when crossing borders. This commonly happens when your supplier isn’t from the US.

• Regulatory and Legal Hurdles

Setting up a US entity, like an LLC, requires following state and federal rules. You must also keep up with sales tax regulations and responsibilities while ensuring you file the right forms each year.

• Payment and Financial Barriers

Many US payment platforms prefer local bank accounts. Without one, you could encounter delays, extra fees, or restricted payment services.

Why a US Business Account is Essential for Dropshippers

Having a dedicated US business account makes it easier to handle daily transactions and creates a professional image with customers and suppliers. Below are some key reasons why every dropshipper aiming at the US market should consider this step:

Separation of Personal and Business Finances

Keeping your finances separate prevents confusion and streamlines your accounting. It also helps you track profits, manage expenses, and comply with tax rules.

Faster and More Secure Transactions

A local US dollar account ensures quicker deposits and withdrawals, avoiding potential delays or holds often linked to international accounts. This leads to smoother, more reliable cash flow.

Lower Transaction Fees

You can reinvest these savings into marketing, inventory, or other parts of your business by avoiding extra currency conversion or international wire fees.

Enhanced Credibility

US-based suppliers, payment processors, and customers often prefer working with businesses that have a recognized US account, which can lead to better deals and more trust in your brand.

How to Open a US Business Account as a Non-Resident

Opening a US business account as a foreign entrepreneur may sound tricky, but following these steps can make the process smoother and faster:

Gather the Required Documents

• Company Formation Papers: Have your LLC’s Articles of Organization and Operating Agreement ready.
• EIN Confirmation: Secure a letter or email from the IRS showing your Employer Identification Number (EIN).
• Valid ID: A current passport or government-issued ID is usually needed.
• Proof of Address: Some banks might ask for evidence of your business address and personal address.

Choose the Right Banking Partner

• Traditional Banks vs. Fintech: Compare the fees, minimum balance rules, and ease of opening an account remotely.
• Online Accessibility: Check if you can apply fully online or if an in-person visit is required.
• Customer Support: Ensure the bank or fintech has experience working with non-resident entrepreneurs.

Complete the Application Process

• Online Forms: Fill out the bank’s application, providing your business details, EIN, and personal information.
• Submit Documents: Upload or email your LLC documents, ID, and proof of address.
• Compliance Checks: The bank or fintech will verify your identity under KYC (Know Your Customer) and AML (Anti-Money Laundering) rules.

Wait for Verification and Approval

• Processing Time: Approval times vary; some online platforms can finalize your account in a few days, while traditional banks may take longer.
• Next Steps: Once approved, you’ll receive your account details and can start handling business transactions.

Open a Business Account With Adro

If you want to open a business account easily, open one with Adro. Adro is a fintech platform designed to help non-resident entrepreneurs easily open and manage US business accounts.

Adro makes it easy for non-resident entrepreneurs to open a US business account from anywhere in the world. Adro goes beyond traditional banking by providing a range of features that cater to global business needs without hidden fees or complicated requirements. Here are some highlights:

Simple Online Setup

No need to visit a branch. You can open your account remotely by submitting key documents like your passport, EIN, and company papers through Adro’s secure platform.

No Monthly or Annual Fees

Adro charges no monthly or annual service fees. Plus, there are no fees on inbound wire transfers, which can save you a lot when receiving payments from customers or partners.

FDIC-Insured up to $250,000

Your funds are protected through Stearns Bank N.A., giving you peace of mind that your money is safe.

Multiple Account Types

• Business Checking: Includes virtual and physical Mastercard® debit cards.
• Business Savings: Grow your money with high-yield interest rates.
• Corporate Cards: Earn 1% cashback on US purchases with Mastercard® credit cards.

Works with Popular Apps

Adro works with Apple Pay, Google Pay, PayPal, and more—so you can easily link your preferred payment platforms and manage all your transactions.

International Accessibility

Whether you’re forming a new LLC or already have one, Adro helps you handle US payments and expand globally without constantly dealing with high exchange fees or lengthy transfer times.

Running a dropshipping business to the US can unlock big opportunities, but it also comes with unique challenges—especially if you’re not a US resident. The key is finding a solution that meets your specific needs, keeps costs low, and delivers a smooth banking experience. 

That’s where Adro comes in. From easy online signup to no-fee inbound wire transfers, Adro’s platform is built to help entrepreneurs like you succeed in the US market.

Ready to take the next step? Sign up with Adro today and start managing your US dropshipping finances quickly and confidently, no matter where you are in the world.