East West Bank's $0 Search Fee corporate accounts are only available for U.S. companies to open.
一、Required Documents
1. Complete set of company registration documents (including EIN tax document; internal company documents must be provided as signed scanned copies)
2. Personal identification documents (National ID Card + Passport)
3. Completed KYC form and relevant information
4. (If applicable) Photocopy of the affiliated company’s business license + 1–2 business contracts of the affiliated company
5. If business contracts (purchase + sales) of the affiliated company are provided, the account-opening company is not required to submit its own business contracts.
6. If there is no affiliated company, provide business contracts (purchase + sales) of the account-opening company
二、Process1. The client submits complete documents for review.
2. Upon completion of the review, the bank issues the signature forms, which the client shall download and print.
3. Sign the forms during the scheduled video verification session.
4. Return the scanned copies of the signed forms to proceed with account opening and obtain the account number.
5. The client mails the original signed forms to the United States; online banking will be activated once the bank receives them.
Note: Two types of online banking services are available for clients to choose from. 1. STANDARD BUSINESS CHECKING
2. Business Performance
Estimated Processing Time: Approximately 4 weeksCompared with the original Global Bridge Account (with a $1,000 search fee), the advantages are as follows:
1. Waives the $1,000 search fee; no need to provide a rental contract.
2. Reduces the monthly account maintenance fee to $75. For small-balance users, an online banking account with a lower maintenance fee is available.
3. Lowers the minimum balance requirement for maintenance fee waiver to $75,000.
4. Waives fees for the first 10 incoming transfers.
5. ACH functionality is enabled immediately upon account opening, no additional application required.
6. Complimentary East West Bank local personal account included.
7. Faster account opening process.
三、Comparison of Bank Fees and Charges for Three Account Types
1. STANDARD BUSINESS CHECKING---Zero Search Fee
Activation Deposit: USD 5,000 *
Monthly Maintenance Fee: USD 14 (Waived if the deposit balance reaches USD 2,500) *
Search Fee: USD 0 *
Incoming Transfer Fee: USD 10 per transaction
Domestic Outgoing Transfer Fee: USD 40 per transaction
International Wire Transfer Fee: USD 50 per transaction
Daily Transfer Limit: USD 100,000
Monthly Transfer Limit: USD 200,000
Outgoing Transfers Exceeding Limits: Manual processing available upon submission of a remittance form
Online Banking Administrator: 1 person
ACH Transfer Function Supported *
2. Business Performance---Zero Search Fee
Activation Deposit: USD 10,000
Monthly Maintenance Fee: USD 75 (Waived if the account balance is USD 75,000 or above) *
Search Fee: USD 0 *
Minimum Account Balance: USD 500 *
Incoming Transfer Fee: First 10 transactions free; USD 10 per transaction for any excess *
Domestic Outgoing Transfer Fee: USD 14 per transaction
International Wire Transfer Fee: USD 20 per transaction
Daily Transfer Limit: No upper limit (Online banking limit can be applied for based on individual needs)
Online Banking Administrators: Additional administrators can be added
ACH Transfer Function Supported *
3. Global Bridge Account with Search Fee---Zero Search Fee
Activation Deposit: USD 11,000 *
Monthly Maintenance Fee: USD 150 (Waived if the account balance is USD 100,000 or above) *
Search Fee: USD 1,000 *
Minimum Account Balance: USD 10,000 *
Incoming Transfer Fee: USD 10 per transaction *
Domestic Outgoing Transfer Fee: USD 30 per transaction
International Wire Transfer Fee: USD 40 per transaction
Daily Transfer Limit: No upper limit (Online banking limit can be applied for based on individual needs)
Online Banking Administrators: Additional administrators can be added
ACH Transfer Function Not Supported *
*The content above is not original. Relevant regulations and explanations are summarized and translated from materials collected on official government websites and reliable third-party platforms, followed by resource integration and re-editing. All copyrights belong to the original authors. This article is for information sharing only and not for commercial use.