Bank Account

[Anonymous]

Hello,

Can you open bank account using a UPS store mail box?

Or you must submit your real address and any mail can be sent to a UPS store mail box/ PO Box?

[iv]

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@Anonymous wrote:

Hello,

Can you open bank account using a UPS store mail box?

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No. (Well, not legally.  You might "slip under the radar" if the UPS store address isn't well-known or tagged by USPS as a business... Don't.)

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@Anonymous wrote:

Or you must submit your real address and any mail can be sent to a UPS store mail box/ PO Box?

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Yup.  That's the PATRIOT Act at work.  Know Your Customer/Customer Identification Program is required... you need to disclose your "real" address, and then request that mail be sent to the PO Box or maildrop.

[Anonymous]

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@iv wrote:

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@Anonymous wrote:

Hello,

Can you open bank account using a UPS store mail box?

---

No. (Well, not legally.  You might "slip under the radar" if the UPS store address isn't well-known or tagged by USPS as a business... Don't.)

---

@Anonymous wrote:

Or you must submit your real address and any mail can be sent to a UPS store mail box/ PO Box?

---

Yup.  That's the PATRIOT Act at work.  Know Your Customer/Customer Identification Program is required... you need to disclose your "real" address, and then request that mail be sent to the PO Box or maildrop.

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I remember reading about this in another thread. See below link OP for more information.

http://ficoforums.myfico.com/t5/Relationships-and-Money/Don-t-name-your-children-after-yourself-an-intro/m-p/4774882#M5081

[UncleB]

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@Anonymous wrote:

Hello,

Can you open bank account using a UPS store mail box?

Or you must submit your real address and any mail can be sent to a UPS store mail box/ PO Box?

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Like others have mentioned this is prohibited by the Patriot Act. 

If you try to "fly beneath the radar" you might get away with it for a little while, but eventually it will catch up with you and you'll likely find your account frozen.  Depending on the bank/CU the time to get it resolved (and gain access to your funds) could be rather unpredictable... since they would likely see this as fraud I wouldn't expect them to get in a rush.

tl;dr... don't try it. 

Note:  changing your statement/delivery address to a PO Box or UPS store address after you (properly) open the account is usually fine.