You can apply for a bank account when you first come to the United States, and you need to bring your passport Level 1 I-20 to a bank branch to handle it. Normally, if you open an account, the bank account includes checking account and saving account. Checking account allows you to withdraw money directly at will, with no interest. Saving account, similar to domestic fixed deposits, there is a certain interest, so you can’t withdraw money at will. The two accounts are managed in a unified manner, and there is no commission for internal transfers.
When applying for an account, you usually apply for an ATM card with the same checking account at the same time, and a debit card, which we call a bank savings card. Normal consumption is possible. Generally, there are no fees for withdrawing money from ATMs of the same company. Credit cards, as another widely used payment method in the United States, require a certain credit history and SSN, which will be described in a future article.
Remittance is the first thing after opening an account, and looking at the empty balance in the account, I thought of the benefits of my parents. Wire transfer is the fastest way to do this. When opening an account, keep an eye on your SWIFT Code and routing number. With these two numbers, you can send money happily to the domestic baba mama. It is expected to arrive in 2-5 days, and there will be a handling fee.
Now that the money is in hand, it’s time to contribute to the US imperialism and pay the tuition fee (tuition)! Check and eCheck are two quick and free payment methods. When you open an account, the bank will give you a one-page (three) check, and you can happily take the blank check to the Cashier on the second floor of SSV (Student Service Building) to pay the tuition. The counter staff will assist you in filling out the cheque. e-Cheque is more convenient, click on the Finance Tab in the upper left corner of MyASU → Make a Payment (in red) → Make A Payment/QuikPAY (in blue) → Make Payment (in bold) on the left, enter the information, select echeck in the Payment Type, click Continue and enter the information again.
It should be noted that the deadline for payment of tuition fees is August 25. In addition, ASUCSF Chinese Student Fellowship takes new students to bank for free.
Disclaimer: When it comes to money, everyone should be cautious and cautious.