How to Open an Axos Bank Account for LLC

Step-by-step guide for non-residents to open Axos Bank

Opening a Axos Bank account for your Wyoming LLC is possible for non-residents but requires preparation. Axos Bank is an established banking institution that Businesses wanting online-only banking with interest earnings. This guide walks you through every step.

Before starting, ensure you have your Wyoming LLC formed and EIN obtained.

Axos Bank Overview

Monthly Fee

$0

Min. Deposit

$1,000

Approval Time

2-3 business days

Key Features

Business Interest CheckingRemote DepositCashBack CheckingMerchant ServicesBusiness Loans

Requirements for Axos Bank

Step-by-Step Application

1

Form Your Wyoming LLC

Complete formation with registered agent.

2

Obtain Your EIN

Apply for EIN from the IRS.

3

Prepare Documentation

Gather passport, LLC documents, Operating Agreement, and EIN letter.

4

Apply Online

Visit axosbank.com and complete the application with business details.

5

Upload Documents

Upload clear, high-resolution copies of all required documents.

6

Verification

Axos Bank will review your application, typically taking 2-3 business days.

7

Fund Account

Fund with minimum deposit ($1,000) to activate.

Axos Bank Pros

  • • No monthly fees
  • • Interest on checking
  • • Unlimited ATM fee rebates
  • • Cash back options
  • • Higher interest savings

Axos Bank Cons

  • • High minimum opening deposit
  • • No physical branches
  • • Limited cash handling
  • • Strict underwriting
  • • Minimum balance for interest

Tips for Success

Be Consistent

Ensure all information matches exactly across documents.

Have a Website

A professional website helps establish legitimacy.

Respond Promptly

Respond to bank requests within 24-48 hours.

Frequently Asked Questions

How long does approval take?

Axos Bank typically takes 2-3 business days.

Can I open without SSN?

Yes, accepts passport and EIN without SSN.

What fees apply?

Axos Bank charges $0 monthly with $1,000 minimum.

Ready to Open Your Axos Bank Account?

Start with forming your Wyoming LLC. We will help you get banking-ready.

Form Your Wyoming LLC Now