Hoping some people here have experience with this:
Foreign national (Israeli, no US citizenship or residency), would like to open a legit bank account in the US to receive payment for goods/services sold to customers located in the US.
How does one go about setting up such an account? Does a legal entity have to be created in the US? and are there any banks that will open such an account without the business owner having US citizenship/residency or even an SSN?
It would be nice if the bank also had capacity to schedule ACH withdrawals from the customers' (US) bank accounts, since most customers pay for goods in installments.
The business owner is looking to do things legitimately and pay taxes in Israel for income earned on US sales, but is looking for the most painless way to do so.
Thanks in advance for any experience/advice you can share, as well as if you can point me to any related DDF discussions (and I don't mean threads discussing how to withdraw cash in Israel with no ForEx fees).
