Living in the U.S.

Banking

The HAESF Program Manager in the US will disburse your first award installment and subsequent payments after you confirm arrival in the United States by providing your US residential address (temporary or permanent). You will also have to open a bank account and provide these details to the HAESF Manager for award transfers.

Opening a Bank Account

Requirements to open a bank account vary from bank to bank. In general, to open a US bank account, you will need to take with you the following documents and forms of identification:

  • Passport
  • DS-2019 Form
  • Home address
  • Social Security card or proof of application

Types of Bank Accounts

The two main types of bank accounts available to you are checking and savings. The specific services provided by these types of accounts will vary from bank to bank.

  • Checking Account: a checking account allows you to deposit and withdraw money from your bank account with great ease. You can write checks to pay bills, and make purchases as well. Most banks offer Automated Teller Machine (ATM) cards as a service (ask for it when you open a bank account). With this card, you can access your account to check your balance or withdraw money 24 hours a day from any ATM owned by your bank. You can also withdraw money from nearly any ATM of a competitor bank, but keep in mind that these ATMs will charge a small fee for this service (usually no more than $2 per transaction).
  • Savings Account: you can choose to open a savings account, which is somewhat more limiting than a checking account. A savings account earns interest over time, but may restrict the amount of your withdrawals.

Once you open a bank account, please ask your bank institution to provide you with the following information:

  • Bank Name
  • Branch Address
  • Checking Account Number
  • ACH (Direct Deposit/Automatic Payment) Number
  • Wire Transfer (if applicable).

Please, e-mail this information directly to the HAESF Manger at mivanova@ciee.org. Upon receipt of this information, your first award installment will deposit into your account, typically the following day.

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