JP Morgan Chase. Four trillion dollars in total assets. America’s largest bank. Over 4,900 branches across the United States and a global presence in more than 100 countries.
If you have an American LLC or are looking for a world-class bank account for your international business, JP Morgan is THE bank. The problem? It’s practically impossible to open it on your own, especially without US residency.
In this guide you’ll discover why opening a premium account is completely different from opening a standard account at a branch, what the concrete advantages are, the step-by-step procedure, and why it’s important to act as soon as possible before the rules change permanently.
Why JP Morgan Chase is the most sought-after bank by entrepreneurs
JP Morgan Chase is not just any bank. With 4 trillion dollars in total assets, 2.4 trillion in deposits and over 317,000 employees, it’s the American banking giant par excellence.
But there’s an even more important reason why every entrepreneur with an American LLC wants it: credit cards. JP Morgan manages Chase, the leading credit card issuer in the United States with over 1.8 trillion dollars in transaction volumes.
Considered among the best credit cards in the world for those who travel and spend on business, they convert business expenses into airline miles, hotel nights and cashback.
Practical example: You spend 10,000 dollars on advertising with your Chase card. You earn 30,000 points that you convert into business class flights (or much more).
Not bad for a card linked to a business bank account.
Branch opening vs premium opening: the differences that change everything
Many think: “I’ll take a flight, go to Miami, open the account at a branch and go home”. Bad idea. Here’s why.
Scenario 1: You try to open at a branch (DIY)
You arrive at a JP Morgan branch in Miami or New York. You’re a resident of Italy, Portugal, Dubai, anywhere outside the USA. You ask to open a business account for your LLC.
What happens:
- They ask for your Social Security Number (you don’t have it, you’re not a US resident)
- They ask for American bills in your name (they don’t exist)
- They ask for proof of residence in the USA (you don’t have it)
- They tell you to come back to provide supplementary documentation
Even if they miraculously accepted you, you would open a standard checking account. Not premium. This means:
- No dedicated relationship manager
- Support through call center with hours of waiting
- The bank expects you to go physically to the branch for every problem
- Transactions over 5,000-10,000 dollars are automatically blocked for verification
- Impossible to request credit cards (credit score zero just after opening the account)
Scenario 2: You open with GloboBanks introduction
What changes:
✅ You can use your real residence address (Dubai, Portugal, Italy, anywhere). You don’t need a fake American address.
✅ You have a dedicated relationship manager who:
- Responds via Zoom, phone, WhatsApp, email
- Solves problems in real time
- Assists you with complex transactions
- Requests credit cards for you himself (this is fundamental)
✅ Access to account + credit card. The internal contact bypasses the credit score zero problem and requests the card directly from the internal portal.
✅ High transactions handled without blocks. The bank knows you’re a referred premium client, not a “generic suspect”.
The step-by-step procedure for premium opening
Step 1: Pre-application (preliminary analysis)
This is the most critical step. Never, NEVER do a direct application without pre-analysis.
Why? Because if you’re rejected, you’re banned from JP Morgan. End. You can’t reapply easily (unless you have very powerful internal contacts).
The pre-application works like this:
- An internal relationship manager analyzes your documentation
- Tells you beforehand if there are problems or missing documents
- If something is missing, you integrate it and reapply without the rejection being recorded
- If everything is ok, proceeds with the official application
Required documents (basic):
- Valid passport
- Proof of residence (recent bill or bank statement)
- For LLC: certificate of incorporation, ownership structure
If you go through an official introducer like GloboBanks, the documentation is extremely simplified.
Step 2: Opening an account at the branch
JP Morgan requires you to be present at the branch in the United States to identify yourself and open the account.
Why it’s fundamental: The relationship manager must assign you to his client portfolio. Each relationship manager in the premium business section has a maximum of 140 clients/companies that he personally manages.
Step 3: Credit card request (if you want it)
Golden rule: Never request the card on your own. Never.
If you go to the Chase website and apply for a credit card with credit score zero (just opened the account), you will be mathematically rejected. This rejection:
- Lowers your credit score
- Makes it much harder to get cards in the future
- Remains recorded in the system
How to do it correctly: The relationship manager requests the card for you from his internal portal. He sees your complete profile, knows you’re a referred premium client, and can approve the card directly.
Real example that happened at GloboBanks: account opened, day after card requested through relationship manager, immediately approved, received at home within 7 days. Credit score zero? Doesn’t matter.
Chase cards: why they’re worth opening the account
The Chase Business card offers up to 3x points on the first $150,000 spent.
Other benefits:
- 90.000 welcome points spending a few thousand $ in the first months
- ZERO maintenance fee (instead of $95 per month)
- Access to internal payment gateways
Why it’s important to act as soon as possible
The conditions for accessing the best banks are constantly changing, making access increasingly difficult.
JP Morgan has closed remote access for non-residents, and the next move could be to close access for those who do not have US residency.
Currently, remote opening is only allowed if:
- You have a US Green Card
- You deposit at least $5 million
Currently, with GloboBanks, you can open an account with much lower minimum deposits (we’re talking thousands, not millions). But this window is closing.
Once the window closes, those who already have an account can keep it.
In practice: If you open an account now, you can enter with a low minimum deposit and remain inside even when the rules change. If you wait, you may find yourself faced with impossible requirements.
Conclusion: Is JP Morgan the right bank for you?
Choose JP Morgan if:
- You have an American LLC and want the best US credit cards
- You spend a lot on travel, advertising, business services (to accumulate points)
- You want the solidity of America’s largest bank
- You want to act now before the definitive closure of remote access
Consider alternatives if:
- Your business is purely international (not USA-focused)
- You’re not interested in points/miles programs
In any case, if you have an LLC and don’t have a bank account, you’re stuck. A company without a bank can’t operate. And today opening an account for an LLC is extremely difficult without the right contacts.
Would you like to open a JP Morgan Chase account even if you are not a US resident?
👉 Write directly at this link: a GloboBanks Team member will respond within 24 hours.
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