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Why do I need TIN?

Why do I need TIN to get a US account on Grey

Mojisola Aimasiko avatar
Written by Mojisola Aimasiko
Updated over 2 weeks ago

1. What is TIN?

A tax identification number (TIN) is a unique number used to identify taxpayers.

2. Why do I need TIN to get a US account on Grey?

It is an extra layer of verification required by our bank partners for users signing up with a driver's license, voter's card, and residence permit.

3. Will I pay tax for having a US account on Grey?

No, we do not have any hidden charges on your account.

4. How can I get a US bank account without a TIN?

Kindly share any of these valid documents with the support team: an international passport, national ID, or NIN.

5. Will taxes be deducted from my USD deposit?

No, we would only charge deposit fees. You can view our deposit fees here.

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