Charles Schwab International
brokerage
Last verified 2024-09-01
Charles Schwab's international checking account (via Schwab Bank) is the gold standard for US expats and frequent travelers. The Schwab Investor Checking account refunds all ATM fees worldwide with no foreign transaction fees, making it ideal for withdrawing local currency abroad. Requires a US SSN or ITIN and a US address at account opening (many expats use a friend or family address). USD-only; not a multi-currency account. Integrated with Schwab brokerage for seamless investing. FDIC-insured up to USD 250,000. No monthly fees or minimum balances. Widely regarded as the best bank account for Americans living or traveling abroad.
Details
- Headquarters
- United States
- Currencies
- 1
- Monthly Fee
- Free
- Non-Residents
- Accepted
- US Persons
- Accepted
- Debit Card
- Available
- Business Account
- Not available
Opening Requirements
- •US Social Security Number or ITIN
- •US mailing address at time of opening (foreign address accepted for maintenance)
- •Government-issued photo ID
- •W-9 tax form
Restricted Nationalities
Not available to nationals of: north-korea, iran, cuba, syria, canada