Many international students choose to open bank accounts in the United States. There are a few reasons students choose to open a bank account in the United States, including:
Safe storage of money: It's safer than carrying cash or storing large amounts in your residence.
Avoid international fees: Using a U.S. bank account reduces or eliminates foreign transaction and currency conversion fees when making purchases.
Online and mobile banking: Most banks offer apps and online platforms to track spending, transfer funds, or set up alerts.
Direct deposit: Some employers require a U.S. bank account to deposit wages from employment.
ATM access: Free or low-fee ATM access within the bank's network.
There are several banks in New Orleans that international students can choose from. Visit our bank map for some of the most commonly used banks in Uptown and Downtown New Orleans.
