AmericasUnited StatesLicensed-entity research

Goldman Sachs Bank USA

Goldman Sachs Bank USA (GS Bank USA; distinct from the holding company The Goldman Sachs Group, Inc.)

Goldman Sachs Bank USA is a New York-chartered bank, a member of the Federal Reserve System, and an FDIC member. Marcus savings products for individuals and Transaction Banking (TxB) for corporate treasury are separate service channels. The public materials reviewed describe U.S. personal savings products and business products marked as U.S.-only, but do not confirm that non-U.S. residents or foreign companies may open accounts. They also do not support describing the bank as currently available for account-opening appointments through Rengangyongsheng.

Regulator: Federal Reserve System (state member bank supervision); New York State-chartered bank; FDIC (deposit insurance). Goldman Sachs’ website confirms its New York State charter and Federal Reserve/FDIC membership; the Federal Reserve directory lists the entity as a state member bank.
Check date: 2026-10-26
Verify status: Some information remains to be confirmed: The banking entity, New York State charter and federal/FDIC supervisory status have been checked, and the bank's personal savings and corporate product pages and official US AML, tax, sanctions and deposit protection baselines have been reviewed. Complete personal eligibility/document lists, acceptance of non-US residents, eligibility for overseas companies and overseas beneficial owners, address coverage, remote witnessing, corporate rates and approval timelines have not been confirmed by public materials and require written verification from the bank.

Research scope and official resources

Topic number:americas-goldman-sachs-bank-usa

The candidate record uses the public large-institution screening for 2025/2026 as its selection background; selection.json maps group asset information to Goldman Sachs Bank USA. This entry does not claim an independent ranking for the bank entity and is not a current global top 100 list, a licensing determination, or a conclusion on account-opening acceptance.

Bank’s official website

Personal Eligibility and Documents

Publicly confirmed: Marcus’s U.S. high-yield savings product page shows that applications can be made through the website or Marcus App and states that the product has no minimum deposit and no credit check; this is product and application-channel information, not a promise of eligibility for all applicants. For U.S. residents, the page does not fully list nationality, immigration status, state, or residential address requirements. For non-U.S. residents/non-resident aliens, no explicit official statement that they can open this savings product was found, nor was an explicit rejection rule found. Therefore, both U.S. residents and non-residents should ask the bank to confirm whether their specific identity, place of residence, address, and tax information meet the application requirements; do not assume non-residents can open an account online. IRS information on non-resident alien bank deposit interest and W-8BEN is tax guidance and does not establish Marcus account eligibility.

Personal information publicly disclosed or identified

Application information published on the official website: applicants may apply on the Marcus website or in the app. The page does not publish a complete list of identity documents/information, and the pages reviewed do not clearly specify whether passports, state IDs, SSNs/ITINs, or proof of address are accepted. Missing items are not presented here as the bank’s policy.
General preparation suggestions (not Goldman Sachs Bank USA/Marcus's published complete requirements): Prepare valid government-issued ID, contact and residential address information, applicable U.S. tax number or foreign tax status forms, and an explanation of the source of funds. Applicants should first confirm with the bank which document types and residence locations it accepts. The IRS W-9/W-8 instructions only explain the purpose of tax-status documents and do not guarantee that the bank will accept an application.

Company eligibility and documents

Publicly confirmed: TxB’s public positioning covers corporate treasury, payments, liquidity management, demand deposits, time deposits, and custody services; its custody page is marked U.S. only and states that all required information must be received for account opening/KYC. The bank’s website says product availability may change and customer use cases are subject to bank review and approval. Complete application thresholds, eligible industries/business sizes, acceptance criteria for companies incorporated overseas or overseas ultimate beneficial owners, and whether overseas companies can open accounts have not been made public. U.S. and non-U.S. companies, and U.S. and foreign tax statuses, must be confirmed separately with TxB in writing; these corporate treasury products are not self-service accounts for all businesses.

Company information publicly disclosed or identified

The official website does not publish a uniform account-opening document list for all business customers. The TxB custody page only states that an account will be opened after the required KYC documents are received; it does not publish an itemized list or requirements for overseas businesses.
General preparation suggestions (not the bank's public policy): Company registration/existence documents, Articles of Association or authorization documents, identity documents for directors and account signatories, controller and ultimate beneficial owner information, company address and tax status information, explanation of business and expected transactions, and proof of source of funds/source of wealth. TxB must confirm in writing the actual documents, certification/translation requirements, ownership thresholds and acceptance of foreign documents for the entity and product. FinCEN CDD materials are a U.S. regulatory baseline, not the bank's customer checklist.

Address, tax, and remote / witnessed procedures

Address and tax

The Marcus savings product page reviewed does not disclose eligible countries/regions for residential addresses, acceptable types of proof of address or exceptions for mailing addresses; do not interpret the U.S. website entry point as support for non-resident account opening. The TxB custody services page states that it is available only in the United States; geographic eligibility for other business products still needs to be confirmed. U.S. tax baseline: the IRS says Form W-9 is used to provide the correct TIN for persons who must report information to the IRS; IRS guidance for nonresident aliens says they should not submit Form W-9 to a U.S. bank, but should submit Form W-8BEN where applicable; the tax status of foreign entities may involve Form W-8BEN-E. These forms and tax treatments do not mean the bank accepts the corresponding applications. The United States is not a CRS participating jurisdiction; do not state that the United States has joined CRS. Cross-border tax information and reporting should be checked against U.S. domestic law/FATCA and the requirements of the individual case.

Remote / witnessing

The Marcus page confirms that an individual savings account can be applied for through its website or app, but does not establish that video identity verification can be completed from any location worldwide. Nor does it publish the coverage of third-party witnesses, notarization, foreign authentication, or online verification. TxB business services use a process involving contacting the bank and submitting KYC documents; no remote witnessing rules for overseas applicants were found. Confirm with the bank whether a U.S. address, in-person verification, authenticated documents, or a designated witness is required.

Public process reference

Personal: Marcus’s public high-yield savings product page provides an application route through its website/app. The page states that there is no minimum initial deposit and no credit check, but does not publish full eligibility criteria, a complete list of required documents, or a guaranteed approval timeframe.
Personal: The official website says you can link other bank accounts and transfer funds. The time when transferred funds become available is subject to the account agreement and funds availability rules; it must not be treated as an account-approval timeframe.
Businesses: TxB business customers must discuss suitable products through the official Transaction Banking contact channel. The materials reviewed do not provide a self-service account-opening process or public application form for overseas companies.
Business custody: The page describes the product offering and account opening/KYC, but states that custody is limited to the United States and subject to receipt of all required KYC documents; product/customer use cases are subject to bank review and approval. The bank must confirm eligibility, steps, review time, and whether it accepts foreign controllers in writing.

Compliance topics, details, and sources

U.S. Anti-Money Laundering, Customer Identification, and Ongoing Due Diligence

FinCEN’s U.S. customer due diligence rules require covered financial institutions to identify and verify customers, understand the nature and purpose of the relationship, establish a risk profile, and conduct ongoing monitoring; Goldman Sachs’ corporate custody page separately states that account opening is subject to the completeness of KYC documents. This describes a U.S. legal baseline and the bank’s published process, not internal bank risk thresholds or a checklist for evading review.

Source:Goldman Sachs Transaction Banking — Escrow Services ；FinCEN — Information on Complying with the Customer Due Diligence Final Rule

Business beneficial owners, controllers and source of funds

FinCEN CDD materials list requirements for identifying and verifying beneficial owners and control persons of legal entity customers, noting that this generally involves natural persons who directly or indirectly hold at least 25% of the ownership interests and a control person; the rule page also lists exception and relief information, and applicability should be determined under the regulations in effect at account opening. Banks may request business and source-of-wealth or source-of-funds materials based on risk, but this bank has not published a uniform list of required documents.

Source:FinCEN — Information on Complying with the Customer Due Diligence Final Rule ；Goldman Sachs Transaction Banking — Escrow Services

U.S. Tax Identification Number, Nonresident Tax Forms, FATCA, and CRS

The IRS uses Form W-9 to provide a TIN. The IRS guidance for nonresident aliens states that, where applicable, W-8BEN is used to certify tax status for interest on deposits with U.S. banks; foreign-entity status documentation may involve W-8BEN-E. FATCA is a U.S.-related cross-border tax framework; the United States is not a CRS participating jurisdiction, so it must not be represented as having joined CRS. These are tax-compliance baselines and do not confirm which self-certification or reporting forms Goldman Sachs Bank USA actually requires from a specific individual or company.

Source:IRS — About Form W-9 ；IRS — Nontaxable Types of Interest Income for Nonresident Aliens ；IRS — About Form W-8 BEN-E ；OECD — CRS by jurisdiction

U.S. Sanctions Screening

OFAC states that it is prohibited to engage in unlawful transactions with sanctioned persons or fail to block property when required; its FAQ notes that regulations do not universally require the use of screening software, but related transactions must not proceed before necessary analysis is complete. The bank’s specific screening systems, matching standards, escalation paths, and requests for additional information are not public; this cannot be used to provide methods for evading review.

Source:OFAC — FAQ 43: Financial institution sanctions list screening

Scope of deposit protection

Goldman Sachs states that some of its deposit products (including demand deposits, time deposits, corporate custody accounts and control agreement accounts) are insured by the FDIC up to applicable limits. The FDIC states that insurance applies automatically to eligible deposit accounts, but not all financial products are covered by deposit insurance. Individuals and companies should confirm with the FDIC how balances across different ownership categories at the same bank are combined and the applicable coverage amounts; this information does not promise full coverage of any amount.

Source:Goldman Sachs Transaction Banking ；FDIC — Deposit Insurance

Personal information and privacy

Goldman Sachs provides privacy policy links for the US, Marcus, TxB and other regions/business areas, and notes that transaction websites may be subject to more specific policies. The purposes and retention periods for account application information, and cross-border data processing, should be checked against the specific Marcus or TxB privacy notice used by the applicant; the Group's general privacy page is not described as a complete privacy policy for bank account opening.

Source:Goldman Sachs — Privacy and Cookies

Compliance evidence

Account-opening compliance and supporting-document checklist

The bank’s stated requirements, local regulations, and preparation recommendations are presented separately. Acceptance in a specific case is subject to confirmation by the bank.

This guide distinguishes personal deposit products at Goldman Sachs Bank USA (GS Bank USA) from its corporate Transaction Banking (TxB). The reviewed personal agreement applies only to Apple Wallet Savings and cannot be directly applied to Marcus online savings accounts. The TxB custody services page describes U.S. and U.K. custody accounts in U.S. dollars, euros, and pounds sterling, as well as customized account opening, but does not confirm admission for any particular customer, foreign company, or nonresident. This guide offers only public-information verification and preparation suggestions; it does not mean the bank will accept an application or that this company has a referral channel.

Date information checked:2026-10-26

Information evidence package

Personal identity, tax and address information (Apple Wallet Savings only)

Who it applies to: Only for individuals intending to open Apple Wallet Savings. The agreement requires applicants to be at least 18 years old, be eligible Apple Card holders in good standing, have an SSN or ITIN, and have an address in the United States, a listed U.S. territory, or a specified U.S. military/embassy address. Do not treat these conditions as requirements for Marcus or TxB.
Documents to Prepare: Prepare your legal name, date of birth, a qualifying street address, and SSN/ITIN as required by the agreement. The agreement says the bank may require a driver’s license or other identity information and that identity verification is a prerequisite to opening an account. A complete list of specifically accepted documents has not been published.
You may prepare valid government-issued photo ID and proof of address in advance, in case the bank requests them. The agreement does not require standardized utility bills, proof issued within the last three months, or notarization abroad; do not assume these are mandatory requirements.
The agreement states that the Apple Wallet application process includes electronic signing of Form W-9. The IRS guidance on the tax status of bank interest for nonresident aliens states that, where applicable, Form W-8BEN rather than Form W-9 should be submitted to a U.S. bank. Nonresident cases should first be discussed with the bank; IRS tax guidance does not establish eligibility to open an account.
Description: The agreement’s effective date is 2026-03-19. It expressly provides personal or household-use accounts only to natural persons and prohibits opening accounts in the name of a company or trust, or for business use. A PO Box may not be used except for a specific military or diplomatic exception involving a U.S. post office box. This is the scope expressly stated in that agreement and must not be extrapolated to Marcus products.

Source:Goldman Sachs Bank USA — Deposit Account Agreement, Effective March 19, 2026；IRS — Nontaxable Types of Interest Income for Nonresident Aliens

Business Entity, Transaction Purpose and Custody Programme Documents

Who it applies to: Businesses or transaction participants intending to contact GS TxB; the custody page says its services cover transactions such as M&A/earnest money, real estate/construction, and controlled agreements. Eligibility for businesses incorporated outside the United States, non-U.S. controllers, and other TxB products has not been publicly confirmed.
Documents to Prepare: Prepare the company’s registration and good-standing records, organizational chart/articles, and resolutions and authorization chain for directors or authorized signatories. This is preparation advice to facilitate due diligence, not a standard checklist published by GS.
For the specific escrow transaction, organize the transaction background, signed or proposed escrow/purchase and sale/financing documents, identities of all transaction parties, purpose of the escrow, amount and currency, payment route, and expected schedule. Provide only documents relevant to the actual project.
Prepare recent financial statements or management accounts, relevant contracts/invoices, records for payment accounts and an explanation of major incoming funds, to explain the company's operations, source of funds and expected activity. The bank has not publicly specified the required period, format, or audit or certification standards.
Description: The bank says account opening can be tailored to the customer relationship and transactions, and that processing time depends on receipt of all KYC documents. This is not a commitment to a specific account-opening timeframe. Before applying, ask the bank for the latest checklist and rules for originals, certification, and translation that apply to the relevant entity, product, and transactions.

Source:Goldman Sachs Transaction Banking — Escrow Services for Treasurers；FinCEN — Customer Due Diligence Rule FAQs

Corporate Customer Ownership Chain and Controller Records

Who it applies to: Preparatory documents applicable to legal entities; do not use a personal-account document checklist directly for a company. Preparation should cover direct and indirect owners and individuals exercising actual management control, and explain any complex or multi-tier structure.
Documents to Prepare: Prepare a dated ownership chart showing the entity name and ownership percentage at each level, including intermediate holding entities and ultimate natural persons. Include a register, shareholder list or company records that can verify ownership.
Prepare the name, date of birth, address and government identification number/passport details of beneficial owners and one principal control person, as requested by the bank, and prepare evidence of signatory authorization; the bank will confirm the forms of identification required for non-U.S. persons.
For nominee holdings, trusts, funds, multiple layers of foreign entities or cases of low shareholding but actual control, prepare a concise structural explanation and supporting documents. Do not use a nominal holder in place of the actual beneficial owner, and do not treat a FinCEN corporate filing as a substitute for bank KYC.
Description: The FinCEN CDD baseline generally identifies natural persons who directly or indirectly own 25% or more and one controlling person. The 2026 year account-opening relief allows covered institutions, at their discretion, not to re-identify or verify such persons for every new account, while a bank may continue to use its existing process. It is not publicly known whether GS uses the relief or requests information about a broader group of owners; 25% is not a uniform global banking threshold.

Source:FinCEN — Customer Due Diligence Rule FAQs

Due diligence and enhanced verification

Beneficial owners, controllers and ownership chain verification

Basis for Verification: The US FinCEN CDD rule requires covered financial institutions to identify and verify the beneficial owners of legal entity customers and understand the nature and purpose of the relationship. The FAQ explains that the 2026 exceptive relief allows banks to choose to conduct verification when the first account is opened, when the reliability of existing information is reasonably called into question, or when required by risk processes, rather than having to repeat it for every account opened; banks may choose not to use this relief.
Preparation recommendation: Prepare an organizational chart traceable to natural persons, shareholding evidence, information on controllers’ authorization/roles, and identity documents. If actual control differs from shareholding, explain each separately. Before applying, ask the bank about its threshold, certification method, and whether information is collected again for each account.
Scope: U.S. regulatory baseline; the bank’s exception procedures and additional requirements have not been publicly disclosed. This does not represent a uniform rule across other jurisdictions.

Source:FinCEN — Customer Due Diligence Rule FAQs

Source of Funds, Source of Wealth, and Anticipated Transactions

Basis for Verification: TxB's custody page states that account-opening speed depends on receipt of all KYC documents and that processes can be tailored for existing customer relationships; it does not publish a standard source-of-funds document list or threshold. FinCEN CDD requires institutions to understand the nature and purpose of the relationship and monitor it on a risk basis.
Preparation recommendation: It is advisable to explain the source of funds using bank statements, financial information, contracts/invoices, capital contribution or asset sale evidence. If transactions involve the personal wealth of a business owner, also prepare information on the source and timeline of that wealth. Describe expected credits/debits, counterparties, currencies, countries and unusual fluctuations in a way that can be checked against the actual business.
Scope: The bank expressly states that complete KYC documentation affects processing time. The specific types and scope of evidence are preparation recommendations, not a mandatory checklist published by GS.

Source:Goldman Sachs Transaction Banking — Escrow Services for Treasurers；FinCEN — Customer Due Diligence Rule FAQs

Explanation of sanctions, PEPs and adverse information

Basis for Verification: The Apple Wallet Savings agreement requires customers of this product to comply with applicable U.S. economic sanctions laws; it does not disclose the bank’s screening lists, matching criteria, or thresholds for triggering enhanced due diligence. FinCEN FAQs do not require all customers to use the same risk classification, and measures in individual cases may vary according to risk.
Preparation recommendation: It is advisable to truthfully disclose the political exposure, public office, connections, and financial background asked about by the bank. For sanctions or adverse-information matches involving a shared name, prepare documents that can verify identity and an explanation of the transactions; do not conceal information or try to evade screening. PEP status alone does not mean that someone is sanctioned or will necessarily be refused. GS’s case-specific policy has not been made public.
Scope: The agreement’s sanctions undertaking is cited only within the contractual scope of Apple Wallet Savings; PEP screening and handling are internal bank processes that are not publicly disclosed, and it cannot be inferred that applications are always rejected.

Source:Goldman Sachs Bank USA — Deposit Account Agreement, Effective March 19, 2026；FinCEN — Customer Due Diligence Rule FAQs

Cross-Border Tax Status, Address, and Genuine Business Operations

Basis for Verification: IRS guidance states that a nonresident alien should use Form W-8BEN rather than W-9 to certify status for eligible interest on U.S. bank deposits; the Apple Wallet Savings agreement, meanwhile, lists an SSN/ITIN and a U.S. jurisdiction street address among its own eligibility criteria. Tax-form rules are not the same as bank eligibility rules, and TxB’s eligibility for foreign companies and its tax-document requirements for foreign entities have not been made public.
Preparation recommendation: Individuals may compile their tax residence, nationality/immigration status, address, and tax identification number, and submit applicable forms after confirmation by the bank; businesses may prepare information on tax residence, place of incorporation, main place of business, countries involved in their business/transactions, and counterparties. Do not infer account-opening eligibility solely from tax rules for interest paid to non-residents.
Scope: IRS tax guidance and Apple product agreements apply separately; CRS, corporate beneficial ownership reporting, or the 25% threshold used by other countries must not be presented as GS policy.

Source:Goldman Sachs Bank USA — Deposit Account Agreement, Effective March 19, 2026；IRS — Nontaxable Types of Interest Income for Nonresident Aliens

Ongoing maintenance obligations

Changes to personal contact information and application eligibility

The Apple Wallet Savings agreement requires prompt notice of changes to name, mailing or email address, or telephone number; an incorrect address may prevent important communications from being delivered, and the bank may restrict withdrawals if mail is returned. The agreement states that no longer meeting eligibility requirements while the account is open may result in restrictions or closure. The corresponding terms and update channels for Marcus Online Savings and TxB should be confirmed separately.

Source:Goldman Sachs Bank USA — Deposit Account Agreement, Effective March 19, 2026

Corporate Information and Risk Review

FinCEN requires covered institutions to conduct ongoing monitoring and maintain and update customer information on a risk basis; there is no universally applicable ongoing or periodic update schedule. Customers should proactively contact the bank when there are material changes to ownership/control persons, business, address, signing authority, or expected fund flows, and respond promptly to requests for additional information; actual frequency is determined by the bank’s procedures.

Source:FinCEN — Customer Due Diligence Rule FAQs

Transaction records and account notifications

Keep contracts, invoices, bank records and decision documents consistent with the declared purpose, counterparties and flow of funds, so that transactions inconsistent with expected activity can be accurately explained. The Apple Savings agreement requires customers to review official account communications; TxB has not published a periodic review cycle or a business transaction reporting format, so do not assume a fixed annual review.

Source:Goldman Sachs Transaction Banking — Escrow Services for Treasurers；Goldman Sachs Bank USA — Deposit Account Agreement, Effective March 19, 2026；FinCEN — Customer Due Diligence Rule FAQs

Please confirm with the bank before booking

Does this application concern Marcus online savings, Apple Wallet Savings, or a specific GS TxB account/custody product? What are the contracting legal entity and service region for each?
Does the bank accept the applicant's nationality, tax residence, actual residential/mailing address, and visa status? What in-person or remote identity verification is required?
Does the bank accept foreign-registered entities, foreign directors/ultimate beneficial owners, or multi-tier ownership structures? What are the applicable beneficial ownership thresholds, definition of a controlling person, and policy on documents for duplicate accounts?
Please provide the KYC checklist applicable to this product, company place of registration, and transaction purpose, and confirm whether scans, certified copies, translations, or electronic signatures are accepted, and whether originals/authentication are required.
What transaction documents, source-of-funds/source-of-wealth evidence and expected activity documentation are required for the custody arrangement; how are processing time after documents are complete, fees and subsequent review procedures determined?
Which channel should individuals or businesses use to report changes to their information, and should they submit Form W-9, W-8BEN, or another form based on what determination of status?

Not confirmed by public information

The complete agreement for Marcus Online Savings, personal identity/residency requirements, and eligibility for non-U.S. residents were not confirmed by the Apple Wallet Savings agreement reviewed here; the terms for that Apple product should not be treated as interchangeable.
TxB has not published a complete business application, eligibility criteria for foreign entities/beneficial owners, a standard KYC document list, ownership thresholds, certification/translation standards, fee schedule, or account-opening timeline; the available page only says that the process can be tailored and timing depends on receipt of all KYC documents.
Whether GS applies the FinCEN 2026 beneficial-owner account-opening exemption and whether it collects information on holders of less than 25% ownership or additional controllers are undisclosed internal procedures.
The scope of PEP and sanctions screening, escalation procedures, customer risk appetite, limits and case-specific requests for additional documents are not public; this must not be taken as a promise of acceptance or as implying that all PEPs are rejected.

Sources & Scope of Verification

Goldman Sachs Transaction Banking — Escrow Services for Treasurers
GS’s official custody services page describes project types, U.S. and U.K. accounts in USD/EUR/GBP, customized account opening, and existing customer relationships. It states that account-opening speed depends on receipt of all KYC documents. It does not provide complete customer eligibility criteria, a document list, or thresholds for foreign entities.
Goldman Sachs Bank USA — Deposit Account Agreement, Effective March 19, 2026
The official agreement explicitly identifies the account as Apple Wallet Savings and the contracting entity as Goldman Sachs Bank USA Salt Lake City Branch. It lists the product’s account-opening age, Apple Card relationship, SSN/ITIN, U.S. jurisdiction street address, and personal-use requirements, and states that identity information may be collected, contact details must be updated promptly, sanctions-related undertakings apply, and the right to restrict or close the account is reserved. Applies only to the product covered by this agreement.
FinCEN — Customer Due Diligence Rule FAQs
The official FinCEN FAQ (updated 2026-05-06) explains covered financial institutions’ ongoing risk-based CDD, risk-based information updates, general beneficial owner and control person identification for legal entities, and the option for each financial institution to decide whether to use the 2026 account-opening relief; it does not describe GS’s own policy.
IRS — Nontaxable Types of Interest Income for Nonresident Aliens
The IRS official page explains the tax treatment of interest on US bank deposits for eligible nonresident aliens and states that the relevant status certification should be submitted on W-8BEN rather than W-9; it does not determine any bank account’s residence eligibility or acceptance of applications.

Fees and timelines

The Marcus high-yield savings product page states that the product has no account fees and no minimum deposit; this information relates to that product page. The APY disclosed on the page is dated 2026-10-14 and is variable; this profile does not treat it as a long-term rate commitment. The TxB custody page states that pricing is flexible but does not publish a fee schedule. No verifiable standard account opening fee, minimum business deposit, account limit, or approval timeframe was found. Do not use this information to estimate fees, timeframes, or business thresholds.

Limitations and practical considerations

Individuals: Current public product information does not sufficiently explain the eligibility of U.S. residents, non-resident aliens, U.S. citizens, or residents of specific states. An online application portal should not be treated as proof that non-residents are permitted to open an account.
Businesses: TxB custody materials are explicitly marked “US only”; all types of business treasury products are subject to the bank's review and approval. Eligibility for companies incorporated overseas or with overseas beneficial owners has not been publicly confirmed.
No complete list of personal/corporate account-opening documents, accepted address countries, certification requirements for foreign identity documents, scope of video verification, third-party witnessing rules, or account-opening timelines has been published.
FDIC insurance covers only eligible deposit products and is subject to applicable rules and limits. It does not apply to nondeposit investment products; membership must not be described as providing unlimited coverage for account balances.
This entry is for publicly available information research only. It does not represent an account-opening channel that Rengangyongsheng (Hong Kong) Limited can currently arrange an appointment for, refer applicants to, or access through a cooperation arrangement with Goldman Sachs Bank USA. Applicants must not be promised that their applications will be accepted.

Licensing evidence and regulatory verification

Entity-level official evidence has been found: Goldman Sachs’ transaction banking page explicitly states that services are provided by Goldman Sachs Bank USA and/or its affiliates, and says that GS Bank is a New York state-chartered bank, a member of the Federal Reserve System, and an FDIC member. The Federal Reserve’s list of state member banks lists Goldman Sachs Bank USA in the New York State/New York Fed district. The FDIC BankFind institution detail page is titled Goldman Sachs Bank USA, with page data dated 2026-10-23. Together, these support the identity of this legal banking entity and its regulatory/deposit-insurance status; this is more than simply viewing an entry point to a regulatory directory. No charter number was verified or cited. The FDIC page does not confirm that any particular account balance is fully insured.

Federal Reserve System (state member bank supervision); New York State-chartered bank; FDIC (deposit insurance). Goldman Sachs’ website confirms its New York State charter and Federal Reserve/FDIC membership; the Federal Reserve directory lists the entity as a state member bank. Official registration or record

Information sources

Goldman Sachs Transaction Banking
Goldman Sachs states on its website that TxB services are provided by Goldman Sachs Bank USA and its affiliates; describes GS Bank as a New York-chartered bank and a member of the Federal Reserve System and FDIC; outlines its corporate treasury platform and bank review limitations; and lists categories of deposit products insured by the FDIC up to applicable limits.
Goldman Sachs Transaction Banking — Escrow Services
The official custody product page describes the business purpose, U.S.-only availability, account opening/processing after KYC documents are complete, and the corporate contact channel. The page footer confirms GS Bank’s legal name and its New York State charter and Federal Reserve/FDIC membership status.
FDIC BankFind Suite — Goldman Sachs Bank USA
The FDIC single-institution details page uses Goldman Sachs Bank USA as the institution heading and shows data as of 2026-10-23 and a branch overview. It is used to cross-check the entity-level FDIC BankFind record; no charter number is inferred from the webpage URL or claimed to have been verified.
Federal Reserve — State Member Banks Supervised by the Federal Reserve
The Federal Reserve’s current directory of state member banks states that it covers regulated commercial banks in each Federal Reserve district and lists Goldman Sachs Bank USA in the New York Fed directory, in New York City, New York; entity-level supervisory directory evidence.
Marcus — High Yield Online Savings Account
The Marcus savings product page states that applicants can apply online or through the app, with no minimum deposit, credit check, or fees. The APY date shown on the page is 2026-10-14, and the page notes that the rate is variable. The page does not provide a complete list of nationality/residency eligibility requirements or account opening documents.
FinCEN — Information on Complying with the Customer Due Diligence Final Rule
Official FinCEN materials explain the basic U.S. CDD requirements: customer identity identification and verification, identification and verification of legal entity customers’ beneficial owners, understanding the purpose of the business relationship, risk profiling, and ongoing monitoring; the page describes the general beneficial ownership and control person framework and lists exception rulings.
IRS — About Form W-9
The IRS states that Form W-9 is used to provide a correct taxpayer identification number (TIN) to an information return filer required to submit information to the IRS; this establishes a U.S. tax-status baseline and does not represent a specific customer checklist for the bank.
IRS — Nontaxable Types of Interest Income for Nonresident Aliens
The IRS explains the tax treatment of certain U.S. bank deposit interest for nonresident aliens and states that such individuals should not submit Form W-9 to a U.S. bank, but should submit Form W-8BEN where applicable; this does not establish that a bank must accept nonresident account applicants.
IRS — About Form W-8 BEN-E
The IRS states that Form W-8BEN-E is used by foreign entities to document their tax status under Chapter 3/4, among others; this describes the purpose of a tax form, not an account-opening requirement of Goldman Sachs Bank USA.
OECD — CRS by jurisdiction
Official OECD CRS jurisdiction information portal, used to check CRS participating jurisdictions and implementation status in each location; the United States must not be described as having joined CRS. This page is not Goldman Sachs Bank USA’s account-opening or tax form policy.
OFAC — FAQ 43: Financial institution sanctions list screening
OFAC states that there is no single blanket requirement to use screening software, but transactions with targeted persons must not violate sanctions requirements and property must be blocked when required; it also advises against proceeding with a transaction before necessary analysis is complete.
FDIC — Deposit Insurance
The FDIC explains which traditional deposit accounts may be insured, that FDIC insurance automatically applies to eligible accounts at FDIC-insured institutions, and that nondeposit products such as mutual funds and stocks are not covered by FDIC deposit insurance.
Goldman Sachs — Privacy and Cookies
Goldman Sachs' privacy links distinguish between dedicated privacy policies for the US, Marcus, TxB and different regional businesses, and note that specific transaction websites may have more detailed policies; these links do not replace the specific privacy notice provided during account opening.

Verification

Research verification

Most recently verified: 2026-10-26
Status: Some information remains to be confirmed: The banking entity, New York State charter and federal/FDIC supervisory status have been checked, and the bank's personal savings and corporate product pages and official US AML, tax, sanctions and deposit protection baselines have been reviewed. Complete personal eligibility/document lists, acceptance of non-US residents, eligibility for overseas companies and overseas beneficial owners, address coverage, remote witnessing, corporate rates and approval timelines have not been confirmed by public materials and require written verification from the bank.
Author: Drew

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