When pursuing higher education abroad, one of the major requirements is an international bank account to manage finances. One of the popular banks you may enlist to manage your finances is PNC International Student Account. It is specially designed to keep up with all the requirements of international students. This account answers all your needs, including reliable banking services to manage your finances. It offers features such as low account minimums, low fees, no ATM fees, access to special student offers, and more. If you want to know more about the PNC International Student account, eligibility requirements, account features and much more, then Keep Reading!
Also Read: What do you need to open a bank account?
Benefits of PNC International Student Account
There are numerous benefits to opening a PNC international student account. Some of the key benefits of the PNC International Student account are as follows:
- There is, as such, no minimum balance requirement after opening an international Student Account has no minimum balance requirement. This not only makes it easier for you to open an account but also makes you worry less about maintaining a certain balance.
- There are no monthly maintenance fees or foreign transaction fees for international students. Thus you can transfer money with extremely low or no fees.
- It also offers unlimited ATM withdrawals making it an ideal option for students looking for cash withdrawals frequently.
- After opening a PNC International Student Account, you can access special student offers such as discounts on everyday purchases and exclusive deals.
Must Read: Chase International Student Account
Eligibility Requirements
You are required to qualify for a few eligibility requirements to open a PNC international student account. Some of the essential eligibility requirements are as follows:
- You require USA government-issued ID.
- Then you must be enrolled as a full-time student at an officially recognized U.S. college or university.
- You must also be at least 18 years old. If you are below the age of 18 then you need to apply with a co-applicant who is above 18 like a parent, or guardian.
Also Check Out: Everything to Know about a co-applicants Role in education loan
Account Opening Process
After qualifying for the eligibility requirements, you are required to process the opening of a PNC international student account. You must follow the official website for the latest updates and notifications regarding the account opening process.
Required Documentation
Submitting required documents is one of the major requirements for opening a PNC International Bank account. But, before you can open a PNC International Student Account, you must provide some documentation. This includes:
- A valid passport
- Proof of enrollment in a U.S. college or university
- Proof of U.S. address
Application Process
The application process is quite simple, and all you must:
- Follow the official website for the latest information
- Then you must follow the steps, including submission of the filled application form along with the documents required.
- After completing this process, all you are required to do is wait for the document verification and opening of an international student account.
PNC Student Account Fee
Before opening a PNC account, go through the list of charges mentioned below:
| Service | Fee |
| Minimum opening deposit | If the account is opened online, the $25 minimum opening deposit may be waived. |
| Monthly Fees | No fee for the first 6 years of holding the account. |
| International ATM use | $3 to use non-PNC ATM in Canada$5 fee for other international withdrawals. Extra 3% International purchase or withdrawal fee for transactions carried out in foreign currency. |
| Domestic ATM use | PNC ATMs are free to use $3 to use a non-PNC ATM in the USA |
| International Purchase Fee | 3% fee when spending with a card using foreign currency |
| Overdraft Fees | $36 per transaction; upto 4 transactions per day no charge |
Account Features: PNC International Student Account
There are numerous features offered by the PNC International Student Account helpful for financial management. Some of the common features include:
- No monthly maintenance fees
- Low minimum opening deposit
- Online Banking
- Mobile Banking
- Zero foreign transaction fees
- Unlimited free ATM withdrawals
- Access to special student offers
Also, Check Out: Santander International Student Account
FAQs
Ans. PNC International Student Account is specifically designed for international students studying in the United States. This account offers banking services and financial products tailored to the needs of international students.
Ans. To open an account, you need a valid passport, proof of your current student status (such as an I-20 or DS-2019 form), and proof of your current U.S. address. You may also need to provide additional documentation, such as a Social Security number or a valid driver’s license.
Ans. The cost of a PNC International Student Account varies depending on the type of account you open. For instance, the International Student Checking Account has no monthly maintenance fee, while the Global Student Credit Card has an annual fee of $25.
Ans. Yes, PNC offers several promotions for international students, including free ATM and debit card transactions, waived monthly maintenance fees on select accounts, and discounted foreign exchange rates.
Are you planning to pursue higher education abroad and want to avoid bank accounts? Then contact Fly. Finance to be better guided for the application!
