---
title: Get a local USD account in the US for your European business
description: Are you selling goods or services in the US and receiving payments in USD from your customers? Are you losing money on exchange rates or is your bank’s solution too costly and complicated? Get a local USD account in the US for your European business
image: https://info.ibanfirst.com/hubfs/iBanFirst_OG.svg
---

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Request a Local USD Account

# Get a local account in the US

Are you selling goods or services in the US and receiving payments in USD from your customers?

Are you losing money on exchange rates or is your bank’s solution too costly and complicated?

Are you a marketplace or e-commerce seller targeting the US market?

iBanFirst has the perfect solution for you.

- Receive USD payments from American customers to a local USD collection account in your name.
- Transfer funds back to your Euro accounts instantly and at the best rates.
- Protect your margins with easy and accessible currency risk management strategies.
- Gain peace of mind from a solution that is fully compliant with rules and regulations.

Ready to experience seamless and efficient cross-border transactions? Open your American collection account with iBanFirst today and start growing your international business.

Trusted by more than 10 000 companies

[Trustpilot](https://www.trustpilot.com/review/ibanfirst.com)

**Get a local account in the US for your European business**

Please note that our offer is exclusively aimed at business customers.

## Frequently asked questions

#### Where is the iBanFirst local USD account based?

Your iBanFirst local USD collection account is based in the United States in the state of New York.

#### How does the iBanFirst local USD account work?

iBanFirst provides you with a local USD account to collect money, which will be credited to your european USD account.   
Then, you'll have the freedom and flexibility to exchange USD at the most competitive exchange rates.

#### What can I use the iBanFirst local USD account for?

The iBanFirst local USD account is perfect for marketplace sellers and e-commerce businesses, but it can also work for any kind of incoming payments from clients in the US. 

#### Can I open an iBanFirst USD account as a European citizen?

Yes. The iBanFirst USD account was designed specifically for European citizens.

#### Can I open an iBanFirst USD account if I'm not a resident in the US?

Yes. You don't have to be resident in the US to open an iBanFirst account.

[![iBanFirst-logo-160x40.png](https://info.ibanfirst.com/hubfs/NEW-blog/logos/logo_white_ibanfirst.svg "iBanFirst-logo-160x40.png")](https://ibanfirst.com/)

[Trustpilot](https://uk.trustpilot.com/review/ibanfirst.com)

### Stay in the know

Get the latest FX news, tips, and best practices to help you shape your borderless future.

- Solutions 
    - [Why iBanFirst](https://ibanfirst.com/solutions/why-ibanfirst)
    - [Pay suppliers abroad](https://ibanfirst.com/solutions/pay-suppliers-abroad)
    - [Get paid in a foreign currency](https://ibanfirst.com/solutions/get-paid-in-a-foreign-currency)
    - [Manage intercompany flows](https://ibanfirst.com/solutions/manage-intercompany-flows)
    - [Manage international investments](https://ibanfirst.com/solutions/manage-international-investments)
    - [Reconcile payments](https://ibanfirst.com/solutions/reconcile-payments)
    - Resources 
          - [Blog](https://blog.ibanfirst.com/en)
          - [Savings calculator](https://ibanfirst.com/savings-calculator)
          - [FX risk management simulator](https://ibanfirst.com/fx-risk-management-simulator)
          - [Resource library](https://ibanfirst.com/resource-library)
          - [Currency reference centre](https://ibanfirst.com/currency-reference-centre)
          - [iBanChecker](https://ibanfirst.com/iban-checker)
          - [Help centre](https://support.ibanfirst.com/en)
          - [Glossary](https://ibanfirst.com/glossary)
          - [FAQ](https://ibanfirst.com/faq)
- Platform 
    - [The iBanFirst platform](https://ibanfirst.com/platform/platform-overview)
    - [Augmented currency accounts](https://ibanfirst.com/platform/augmented-currency-accounts)
    - [Cross-border payments](https://ibanfirst.com/platform/cross-border-payments)
    - [International payment tracking](https://ibanfirst.com/platform/international-payment-tracking)
    - [Currency risk management](https://ibanfirst.com/platform/currency-risk-management)
    - [Integrations and automation](https://ibanfirst.com/platform/currency-risk-management)
    - [Security](https://ibanfirst.com/platform/security)
    - [Accounts and setup](https://ibanfirst.com/platform/accounts-and-setup)
    - About us 
          - [Company](https://ibanfirst.com/about-us)
          - [Careers](https://ibanfirst.com/careers)
          - [Become a partner](https://ibanfirst.com/become-a-partner)
          - [Newsroom](https://ibanfirst.com/newsroom)
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[Trustpilot](https://uk.trustpilot.com/review/ibanfirst.com)

### Stay in the know

Get the latest FX news, tips, and best practices to help you shape your borderless future.

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