If you’ve ever tried receiving payments from overseas clients, you’ve likely wondered: can a USD account be opened at any bank?
The short answer is no—USD accounts are not universally available for corporate use. Some banks only support local currency services, while others limit USD functions to specific business categories. This is why many SMEs choose CBiBank, a U.S. commercial bank built for exporters, importers, service providers, and cross-border e-commerce companies.

To understand this topic more clearly, here are several practical questions businesses often search for.

1. Why can’t every bank provide a usable USD corporate account?

Banks operate under different settlement structures. Not all institutions support USD clearing, cross-border remittances, or international compliance requirements.
Banks focused on domestic markets may not handle USD corporate payments or complex global business types.

CBiBank, however, supports various industries—including physical trade, service trade, and cross-border e-commerce—making it more aligned with international operations.

2. What determines whether a bank is suitable for opening a USD corporate account?

Key factors include：

International remittance capability

Support for diverse corporate jurisdictions

Understanding of global trade documentation

Familiarity with different business models

Some banks only work with local entities, while others—like CBiBank—accept companies registered in Hong Kong, Singapore, BVI, Seychelles, Cayman, and more.

3. How does choosing the right bank improve USD collection efficiency?

A suitable bank provides:

More predictable settlement times

Clearer routing for USD transactions

Support for multiple major currencies

Smoother compliance communication

Businesses can review the online corporate application process through CBiBank’s official portal, which offers remote onboarding and video verification.

4. Which businesses gain the most from choosing the right USD account bank?

A well-structured USD account is beneficial for：

Export and import companies

International service providers

Cross-border e-commerce sellers

Offshore companies operating globally

CBiBank supports these business types and provides a flexible setup suitable for SMEs engaging in global transactions.

5. What should companies evaluate before deciding where to open a USD account?

Companies typically consider several practical categories before choosing a bank：

Cross-border settlement capability：Evaluating whether the bank can support stable USD remittances.

Jurisdiction compatibility：Confirming that the company’s registration region is accepted.

Business model alignment：Ensuring the bank understands trade, services, and e-commerce payment scenarios.

Account structure suitability：Looking at how well the account manages multiple transaction types and currencies.

These factors help companies select a bank that keeps USD collections smooth and consistent.

FAQ: Common Questions About Opening a USD Corporate Account

1. Is it possible to open a USD account at any traditional local bank?

Not always. Many local banks do not support international USD settlement for corporate clients.

2. Do offshore companies face restrictions when opening a USD account?

Some banks limit offshore accounts, but CBiBank supports a wide range of international company types.

3. Do all USD accounts support e-commerce platform settlements?

No. Some banks only support traditional trade payments. CBiBank accommodates both trade and cross-border e-commerce business models.

4. Is an online application available for USD corporate accounts?

Only certain banks offer remote onboarding. CBiBank provides online application and video verification.

5. Does a USD account improve collaboration with overseas clients?

A stable USD account provides a recognized and efficient way for businesses to receive payments internationally.

Conclusion

So, can a USD account be opened at any bank?
Not always. USD corporate accounts depend on a bank’s settlement capability and its experience with global businesses.
Choosing a bank designed for cross-border activity—such as CBiBank—helps companies achieve efficient, stable USD collections and smoother operations worldwide.