A guide to:US Bank account for Non-resident and Google Adwords Arbitrage.

This thread is for non US DP members only.​

Adwords arbitrage: I dont know whether the term is acceptable or not as i've named it of my own but the basic concept is Spent paypal $5 to earn paypal $15 through google adwords selling your own product and then spend $15 to earn $45 and so on. Although it is nothing new but i am saying about doing it through paypal+google adwords. Google adwords directly dont accept paypal payment but indirectly do. But how if you have a US bank account and US address you can do it.

How to get a US Address: Just go to http://usa2me.com and register bronze version , $23 one time fee.

How to open US bank account for non-resident:

Step-1: Download this pdf format form http://digitalbayer.com/emea_us_brokerage_application.pdf or check here for update https://us.etrade.com/e/t/home/openanaccount [brokerage application form]

Step-2:Fill up the form accordingly.
If you want to know how to fill up the form correctly , where to leave blank and where not , where to give tick mark or where not , please give a look at my blog http://wired-gadget.blogspot.com .
since i cant write those in details here , otherwise it'll be drastically long post.

Step-3:

#1: PRINT OUT ALL PAGES (5 pages total)
- Application Form 4 pages - in JPEG format
- Non-US Resident Declaration Form 1 Page - in PDF format
Note: You MUST use Adobe Reader to open the Declaration Form.

#2: VERIFY ALL PERSONAL DETAILS
Make sure your name is spelled correctly, address, passport number, etc. are correct. Page 4 of 4 of the Application Form is entirely blank. Leave it that way. But sign it.

#3: SIGN; WRITE your name in CAPITALS and today’s DATE on Page 3 of the application Form.

#4: SIGN and write today’s DATE on the Declaration Form

#5: MAKE A PHOTOCOPY of the photo-page of your passport. Please make sure it is very clear! – Make two copies – they will need two.

#6: PUT THEM IN AN ENVELOPE AND MAIL to the address on top-left of Page 1 of the Application Form. DO NOT encloses a check or cash as initial deposit. Wait for your account number to be issued first instead, then make your initial deposit by wire transfer or by adding it to your PayPal account.

Once you have your account number, you can immediately add to your PayPal account to be confirmed and verified.

When E*Trade Financial receives your application, your account will be opened within 1 week.

You will receive an email notification at your supplied email address.

For FASTEST service, I recommend you use UPS or Fedex.

Once you get that done, then login to your account and request a debit card. Comes via FedEx in a couple of days. Download money from PayPal to your Etrade account and withdraw at your local ATM.

Creating one new Paypal account: Just go to paypal.com and create one new paypal account using US address provided to you by http://usa2me.com . Add your eTrade bank account to it. Fund your new paypal account from your old paypal account.

Adding this card to Adwords account and adwords arbitrage: Add the card to your google adwords account. Mine was accepted [So , this is also useful to guys without credit card] .Start selling your own product accepting paypal payment.[If you dont have your own product to promote go to http://7dollaroffers.com and select some good product to promote.You'll earn 100% for every sale instantly to your paypal account. For every product your affiliate link will be http://product.com/?e=ur-paypal@website.com ]

Give attention to adwords optimization part and test with different products.

Hope this post will help you. Thank you.

 

And you can do this from any country and is valid for paypal?

 

has anyone done what indya says yet?
can anyone update on their comments/experience?

 

Thanks indya..nice blog too..

Can you suggest another ebank that does not require a passport? Perhaps one who will require a verified credit card info only?

Thanks a lot

 

That was a great guide. How much you make per month?

 

Yes. Since for paypal you will be some one from USA so you'll get verified. No problem even if you are from Pakistan , Vietnam etc where paypal has no service.

 

I think in any case you need passport.Yet i'll try to find out a new one if exists.Why not you make a passport?

 

Worth reading:
http://sedm.org/Forms/Tax/W-8BEN/AboutIRSFormW-8BEN.htm

 

Hi,

In this web site http://www.usa2beok.com are showed several ways for getting an US Bank Account for Non US Residents, in the sections “Free US Bank Account” and “Debit & Virtual Cards”.

Regards.

 

Hello,

Could someone explain me that because I don't really understand. Why would it be a problem? I mean you pay Google for that they show your ads in the search results of their users. If you make some sales then you get some money. What's special? Or I'm missing something.
And why is it called Adwords arbitrage?

Thanks to help me to understand.

 

US Bank Account for non US Resident

This is not ETRADE Brokerage account and not Acc*** Card and This is not a prepaid card or gCard or a "monkey" card program but a REAL US Bank account.

Free Checking

- No direct deposit required
- No monthly maintenance fees
- No minimum balances
- Free Internet Banking and Bill Pay!
- Free RecordCheck
- Debit Card
- Free 24/7 telephone banking

Open your US Bank Account now, The sooner you open your US bank account, the sooner you can do business on the internet and start receiving money from others


Identification Documents

- Copy of Passport
- Copy of National Identity Card -(for philippines, You can use SSS & GSIS & TIN ID)
or
- Copy of Drivers License (with photograph)

Address Documents
- Utility Bill (e.g. electricity, gas or water bill, or tax bill)
- Bank / Credit Cards Statement or a letter of bank reference is a required for nongroup customers
or
- Lease Contract

What bank is it? This is one of the best, stable, reliable banks internationally.

http://usbankaccount.xdownx.org/

 

This is very useful guide for many non resident of USA.

 

Dear Indya,

I'll try your method today. If it indeed works then i will finally have a legit paypal account.

quick question though.

Is renting a US mailbox through some other country, in anyways, illegal?

I just want to be a 100% sure because i want to use paypal for business purposes in Pakistan.

You've given us all very useful information.

thanks and regards,

 

Dear Indya,

Please elaborate a little on your "Adwords arbitrage". It is totally new to me. Please guide me how to make money through google adword + paypal.

I could really use your help and would really appreciate it.

thanks in advance.