united-states banking
Is it legal to let overseas family member use my address for a bank account (US)?
<p>I have a family member who is a US Citizen, but currently lives overseas. They want to open a US bank account and are asking me if I would be ok for them to use my home address for the account. In principle, I would be happy to do them a favor, but just want to check whether this could potentially get me into any legal trouble?</p>

<p>If it isn't legal, then I'm curious as to what law it would be breaking.</p>

<p>The main problem is that your family member is likely providing fraudulent information; you're merely a willing accessory. However, it's not automatically fraud; if the bank knows your address is merely a mailing address then it's not fraud.</p>

<p>The practical upshot is that you can give your family member permission only for the latter; it's legally his problem if he then misrepresents that to his bank. But you may still have problems with debt collectors in that case.</p>
