Only the Bank that has the account held knows the address of the account holder. They are not supposed to give this out [in most countries there are legal laws specifically protecting this information].
Most banks will accept a bank statement as proof of address, provided it's recent. The general period for relevance is three months. Statements are typically accepted from banks, credit unions and building societies. Credit card statements, provided they're recent, are also generally considered a legitimate option.
If you use online banking, the easiest way to find your bank branch is to log in and go to your account details. This should give you the name of your account, account number, sort code and branch address. Your branch address should also be on any paper statements or letters you've received from your bank.
You will need to provide personal information like your date of birth, physical address and phone number. You may need to produce proof of address like some sort of utility bill in your name. Additionally, many banks do not accept P.O. boxes as a valid form of address.
Completing banking transactions through your computer, table, or smartphone in public can put your bank account information at risk. Banks do their best to encrypt the data that is transmitted, but hackers may still be able to retrieve your login information to use at a later date.
Scammers can steal your identity by obtaining your personal financial information online, at the door or over the phone. What they want are account numbers, passwords, Social Security numbers, and other confidential information that they can use to loot your checking account or run up bills on your credit cards.
Whether you want to hear it or not, the truth is that the banks are in bed with the government and although the government tells the banks to “treat people fairly,” they continue to steal your money, while greedily taking money from you (via the government and your tax dollars) at the same time.
I work at a bank, and we do have to have a physical address when opening a new consumer deposit account or when closing a consumer purpose mortgage loan. It has to do with verifying customers' identities, a requirement that is supposed to help fight money laundering and terrorism, etc.
Proof of address can be one of the following documents: Water, electricity, gas, telephone or Internet bill. Credit card bill or statement. Bank statement.
A billing address is an address associated with your credit or debit card account. When you apply for a credit card online, for example, the address you include on your application will become your billing address. A billing address looks just like a street address.
A bank statement is a summary of financial transactions that occurred at a certain institution during a specific time period. For example, a typical bank statement may show your deposits and withdrawals for a certain month.
When you are redacting information from your bank statement, you should black out or hide any information that is not relevant to the purpose for which you are providing the statement. This may include your account number, routing number, balance, and other personal information.
Online banking, utility or council tax statements can only be accepted for proof of address if a photocard driving licence has been provided as photographic proof of identity and the address on the card matches the address on the statement.
ID Verification and Facial Recognition
Acceptable documentation customers provide would include a driver's license, birth certificate, social security card, passport, and more. These measures are taken very seriously and must comply with Know Your Customer (KYC) and Anti Money Laundering (AML) regulations.
Banks usually do not accept a PO box as a billing address. Banks can certainly send mails to a PO box, but they must first validate the physical address to do so.
The standard insurance amount provided for FDIC-insured accounts is $250,000 per depositor, per insured bank, for each account ownership category, in the event of a bank failure.
Savings accounts are a safe place to keep your money because all deposits made by consumers are guaranteed by the FDIC for bank accounts or the NCUA for credit union accounts. Certificates of deposit (CDs) issued by banks and credit unions also carry deposit insurance.
A bank account is typically the safest place for your cash, since each is FDIC-insured up to $250,000 in the event of a bank run or other bank failure. If you happen to have more than $250,000 in cash, you can open multiple accounts and distribute the funds across each.
Can thieves steal identities with only a name and address? In short, the answer is “no.” Which is a good thing, as your name and address are in fact part of the public record. Anyone can get a hold of them. However, because they are public information, they are still tools that identity thieves can use.
The accounts are then used to either launder money or commit future fraud. Criminals use stolen credentials and personal data to open accounts in the names of individuals without their knowledge. The information used to open these accounts often comes from data breaches and other data compromises.
Current photocard driving licence (not provisional, must show your address, and only if not used for proof of ID) Utility bill issued within the last three months (excluding mobile phone bills and insurance documents)