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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?

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

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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.

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.

  • Thanks for the input, I think this is good advice. I will make it clear that I am ok with them using my address as a mailing address. – Time4Tea Oct 14 '18 at 12:31

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