Top 5 U.S. Bank Accounts for Canadians in 2025

The BEST U.S. Bank Accounts for Canadians in 2025 [AVOID HIGH FEES!]

Need a U.S. bank account for your Canadian business? I’ve personally tested and researched the best U.S. bank accounts for 2025 at SAL Accounting to help you save on high fees and simplify cross-border payments. Watch now and subscribe for more of my business hacks! ▼▼

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0:00 - Intro
0:36 - Mercury
3:16 - Wise
4:55 - Payoneer
5:55 - TD Bank
8:12 - Chase
9:46 - Summary

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KEY TAKEAWAYS:

Why your existing Canadian bank might not be enough for US operations
The fintech solutions that don't require a US entity
How TD Bank offers unique cross-border advantages for Canadians
When you need a US entity for banking, which options work best
The pros and cons of traditional vs. digital banking solutions

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WHY WATCH?

Learn which US banking options minimize fees, which ones require a US entity, and how to avoid the common banking headaches that cost most Canadian entrepreneurs time and money.

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TOP U.S. BANKS FOR CANADIANS:

➤ Wise: Wise Business: Grow with the international business account

➤ Payoneer: Business Payment Services & Online Payment Processing | Payoneer

➤ Td Bank: https://www.td.com/ca/en/business-ban...

➤ Mercury: Online Business Banking For Startups & Small Businesses | Financial Workflows

➤ Chase: https://www.chase.ca/

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ABOUT SAL ACCOUNTING:

SAL Accounting is a Canadian accounting firm dedicated to helping businesses thrive across borders. We offer expert accounting, bookkeeping, and cross-border financial advice to simplify your growth journey.

➤ Website:CPA Tax Accounting And Bookkeeping Firm Toronto

➤ Contact:Contact - Award Winning Accounting Firm Toronto & Mississauga

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FREE CONSULTATION:

Need personalized advice on your U.S. expansion? Schedule a FREE consultation with our cross-border tax team:

➤Contact - Award Winning Accounting Firm Toronto & Mississauga

Subscribe for more cross-border business strategies, tax-saving tips, and updates on changing regulations between the U.S. and Canada.

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DISCLOSURE: I am a CPA and financial advisor, but this video does not constitute legal advice. Everything here is for informational purposes only and is not intended to provide legal advice. For legal guidance or specific financial advice tailored to your situation, please consult a qualified attorney or financial professional.

Wise, Payoneer, and Mercury are fintechs, not banks; Wise and Payoneer partner with banks like Community Federal Savings Bank and First Century Bank with funds safeguarded but not FDIC-insured, while Mercury’s services are FDIC-insured through Choice Financial Group and Evolve Bank & Trust, Members FDIC.

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