Why Use Velo?

A Velo by East West Bank® account helps you manage your banking needs in the U.S., so you can make payments, receive funds, or easily transfer money around the world.

  • travel

    Business or Leisure
    Travel to the U.S.

    Use your debit card to shop at local merchants during your short stay in the U.S. 

  • student

    Study
    in the U.S.

    Get a U.S. bank account and debit card before arriving on campus.

  • moible-payment

    Mobile Payment
    in the U.S.

    Add your debit card to a digital wallet to make mobile payments in the U.S.

  • pay-bills

    Pay Bills
    in the U.S.

    Receive payments, or use Bill Pay to take care of one-time or ongoing expenses.

  • paycheck

    Get Paid for
    Freelance Work

    Receive compensation for freelance work directly to your U.S. bank account.

  • cross-border-shopping

    Cross-Border
    Shopping or Selling

    Use your account to buy or sell merchandise on global eCommerce sites.

A U.S. bank account for those living outside of the U.S.

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A U.S. bank account for those living outside of the U.S.

No matter where you live, Velo lets you apply for a U.S. bank account directly from our Mobile App. 1

  • No branch visits. No video calls.
  • Simply download our App to apply. It only takes a few minutes.
  • Currently accepting the following government IDs : 3
    • People’s Republic of China Identity Card
    • Hong Kong SAR Passport and Permanent Identity Card
    • Taiwan Passport and Identity Card
    • Republic of India Permanent Account Number (PAN) Card (Velo for Professionals referral only) 4
    • U.S. Social Security Number (SSN)

Manage your money on the go

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Manage your money on the go

Stay connected with your finances. With the Velo by East West Bank® Mobile App, you can access your bank account from anywhere. 

Why East West Bank?

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Why East West Bank?

  • Full-service commercial bank with $50+ billion in assets
  • Deposits insured by the Federal Deposit Insurance Corporation (FDIC6
  • Largest independent bank headquartered in Southern California
  • Ranked No. 1 Performing Bank in the U.S. by Bank Director 7
  • Customer service available in English, Mandarin, Cantonese, and Spanish
  • Products and services tailored for customers in the U.S. and Greater China

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