The US insist we should be more stringent with money launderers due to terror funding but you can walk into any US Bank as a foreigner and open a account. No questions asked. Same in China. Any foreigner can open a account. Before xi jinping that is.Few years back before covid, when to KL-Maybank to open an account but was told cannot.
Came back to JB...was allow to open. Dont ask me why...I am just as surprise...Fyi