Remember, not all banks require a substantial initial deposit. Some can be as low as $50 or $100. OR you can try several non-brick and mortar type banks (i.e. online) and many of them will give you incentives for joining. I would check out banks like Capital One 360 Checkings or Savings (bonuses for signing up), Schwab Bank (hard pull, links to a brokerage account but can be used internationally for no fees), or a million other options you can find on a quick search. Alternately you could open an account like Alliant Credit Union online, and they give you a $50 dividend to your checking, and $5 to your savings account upon opening and when you eventually fund the account. It has a 1% annual interest yield which make it even more attractive then the low rate environment of traditional banks. I know other banks like citibank are pretty easy to open online as well- they will also give you some time to fund the account. By doing a little bit of research into online banking, this could certainly be a viable option. Hope that helps!
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