What is the best freelancer bank account in 2023? Best bank account for self-employed freelancers

What you will find in this article:

Being a freelancer means having the opportunity to work on multiple projects, acquire different experiences, and learn about different cultures all at the same time. The best part is being able to work with companies outside your country and get paid in strong and reliable currencies. However, for you to achieve all this, you need to open a freelancer bank account that allows you to collect and store US dollars without much paperwork and with reliable security systems. You need to find the best bank account for self-employed freelancers in 2023 to really expand your freelancing career.

Only this way you can save and invest in the strongest and most widely used currency in the world.

Find financial stability and increase the scope of your work as a freelancer by reaching more and better projects.



Globalfy is the best option to open a freelancer bank account in US dollars. It is the only platform among all the new digital banks that does not charge fees for domestic transactions or require a minimum opening balance. All of this and more make Globalfy the best bank account for self-employed freelancers right now.

Globalfy was founded in 2015 in Orlando, Florida, by Latin American entrepreneurs with the vision of ​​bringing the benefits of the US economy to business founders and freelancers from around the world.

The only thing you have to do to open your account is to establish a small company in the US with Globalfy’s business formation plan. Opening a company in the United States as a foreign freelancer is not that complicated. You do not need a social security number, ITIN, or an American visa. You can do it all online and without leaving home.

Why register a company in the US for your career as a freelancer?

By going with Globalfy’s business formation plan you’ll be able to get ahead of your competition and fully enter the American labor market. Not only will you be getting a freelancer bank account, but you will have the legitimacy of an elite professional before all the big American companies. Your reputation in the market will grow as you gain access to high-end projects with world-renowned brands and companies.

With Globalfy’s all-in-one business plan you get your freelancer bank account and the unique possibility to expand your work experience. Who knows? Perhaps by participating in global-scale projects you’ll gain the momentum to start and scale your own business. With Globalfy you’re one click away from being number one in your industry.

How to open a freelancer bank account with Globalfy?

In order to enjoy a business bank account in USD with Globalfy, you do not need to pay an initial fee or monthly charges. The opening of your Globalfy business bank account is completely free. You can open an account from anywhere in the world, regardless of whether you have American residence or not.

To open the best bank account for self-employed freelancers with Globalfy all you have to do is send a photo of your passport and a utility bill to prove your address (it can be from any country). If you’re an American resident you will also have to present your social security number or ITIN. The approval time is approximately 24 hours.

Enjoy a freelancer bank account in USD and an international Visa debit card without even leaving your home country. Expand your horizons and save and invest in the world’s strongest currency.

people using their freelancer bank account


Wise is a UK-based digital banking platform that focuses on bringing the big financial markets closer to freelancers and small entrepreneurs around the world.

In most cases, to open a freelancer bank account with Wise you just have to present your personal documentation and validate your identity. This way you will be able to open accounts in dozens of different currencies and most importantly, you will be able to obtain a bank account in dollars. Wise’s transaction fees are quite low and even nil on many occasions.

The only drawback is that to activate your Wise account you will need to make an initial deposit which varies depending on the country. In most countries, the deposit must be made by credit card. But not just any card. Cards issued in countries such as Argentina or Colombia are not allowed by the platform, so users residing in these places find it very difficult to acquire their Wise freelancer bank account.


Payoneer is a bank for freelancers and small businesses founded in Israel in 2005. Opening a freelancer bank account in dollars with Payoneer is relatively easy, you just need to provide some personal information and wait for a short validation period.

By opening a USD freelancer bank account with Payoneer you will have access to your account and routing number, with which you’ll be able to send and receive money from other US banks.

Similarly, Payoneer also offers a Mastercard business debit card that can be used at millions of businesses around the world. You can also associate a traditional bank account to withdraw your USD balance in your local currency (based on the official exchange rate).

Despite these and other great advantages, Payoneer still has some drawbacks for international freelancers. In order to make withdrawals or send money to other Payoneer or bank accounts, you will need to reach a certain amount in your balance. In some countries, this amount can reach up to US$1,000.

Similarly, fees for bank transfers to Payoneer can go between 1% and 3%, while there’s also an annual account maintenance fee of US$29. This does not happen with other banking solutions such as Globalfy, which does not charge this kind of fee to its users.

woman working from home and using her freelancer bank account

More information on the best bank account for self-employed freelancers in 2023

With Globalfy you can get a business bank account in less than 24 hours. Take advantage of new financial opportunities and expand your freelance career to reach new industries and better clients. Open your freelancer bank account with Globalfy now.

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Globalfy is a financial technology company and is not a bank. Banking services provided by Blue Ridge Bank N.A; Member FDIC. The Globalfy Visa® Debit Card is issued by Blue Ridge Bank N.A. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. Your funds are insured up to $250,000 through Blue Ridge Bank, N.A.; Member FDIC.