Denver Business Address · Bank Accepted
Banks require a real street address. A PO Box won't open your account.
Chase, Wells Fargo, and Bank of America all require a physical street address to open a business checking account. Our Denver address meets that requirement. Active in 24 hours. From $19/mo.
Month-to-month · Cancel anytime · Active within 24 hours
The situation
You're starting a business. You need a bank account.
Every serious business needs a dedicated bank account. It separates your personal finances from your business finances. Your accountant needs it. The IRS expects it. Clients pay into it.
The bank application asks for a business address. You write down what you have — a PO Box, or your home address, or nothing yet.
What happens next depends on what you wrote.
Why banks reject certain addresses
Banks are required by law to verify your address. A PO Box doesn't pass.
Federal Know Your Customer (KYC) regulations require banks to verify the identity and location of every business account holder. Part of that verification is confirming a physical street address.
A PO Box is not a physical street address. It is a box at a post office. Banks flag it automatically. Most reject it outright. A few may open the account and close it later when compliance reviews the address. Either way, a PO Box does not work.
What a PO Box triggers at a bank
- ✗ Automatic flag during application review
- ✗ Request for a physical address before proceeding
- ✗ Application denial in most cases
- ✗ Account closure during compliance review if opened
What some virtual addresses trigger
Not all virtual addresses are equal. Some services use addresses that are flagged in the USPS CMRA database, which can trigger additional bank scrutiny. Some virtual address providers use UPS Store and mailbox store locations, which banks commonly flag.
Our address at our partner, Shift Workspaces is a real coworking building — not a mailbox store. It is not in a commercial mailbox flag category. That is why Chase, Wells Fargo, and Bank of America accept it.
The fix
A real Denver building address. Accepted by every major bank.
Our partner, Shift Workspaces, is a real coworking building in Denver. It has a real street address. It is USPS-registered as a CMRA. That combination — real building, real street address, CMRA registration — is what banks require and what we provide.
Use our Denver address on your bank application. It goes through the same KYC check every address does. It passes.
Accepted by these banks and more
Chase
Business checking and savings accounts
Wells Fargo
Business checking accounts
Bank of America
Business checking accounts
Also accepted by Colorado State Bank, US Bank, and most regional and community banks with a Colorado presence. If your bank is not listed, call them and give them our address before signing up — we're happy to provide documentation if needed.
What CMRA means
Your bank application mentioned CMRA. Here's what that means.
CMRA stands for Commercial Mail Receiving Agency. It is the federal USPS designation for a business that receives mail on behalf of others. Think of it as the official term for what a virtual mailbox service does.
Every legitimate virtual mailbox service is a CMRA. Being a CMRA is not a problem — it is a sign that the service is properly registered with USPS and follows federal mail handling regulations.
Some banks see "CMRA" and apply extra scrutiny. Others accept CMRA addresses routinely. The difference usually comes down to the type of building. Mailbox stores and shipping center locations get more scrutiny. Real office buildings and coworking spaces get less.
Our address at our partner, Shift Workspaces is a real coworking building. That is why it passes where mailbox store addresses sometimes don't.
Higher bank scrutiny
- ✗ UPS Store locations
- ✗ Mailbox store suites
- ✗ Shipping center addresses
- ✗ PO Boxes
Lower bank scrutiny
- ✓ Real coworking buildings
- ✓ Office building suites
- ✓ Registered business addresses
- ✓ Our address at our partner, Shift Workspaces
How to use it
Three steps to open your business bank account.
From signing up to walking into the bank.
Get your Denver address today
Sign up, complete USPS Form 1583 via DocuSign, and receive your Denver suite address within 24 hours. The whole process takes about 10 minutes.
Use our address on your bank application
Enter your Denver suite address as your business address on the bank application. Use it for both the principal business address and the mailing address fields. Your bank sends statements and notices to that address. We receive and scan them the same day they arrive.
Receive your bank mail in your portal
Statements, debit cards, welcome letters, and compliance notices all arrive at our Denver building. We scan each piece and post it to your online portal the same business day. You get an email notification every time something arrives.
Pricing
Three plans. All include a bank-accepted Denver address.
No setup fees. No contracts. Cancel any month.
Business
Address, scanning, and coworking access
- ✓Bank-accepted Denver address
- ✓15 mail pieces/mo
- ✓5 scan pages/mo
- ✓Global coworking access
- ✓Receptionist & notary services
Professional
More mail, more scans, same address
- ✓Bank-accepted Denver address
- ✓30 mail pieces/mo
- ✓10 scan pages/mo
- ✓Global coworking access
- ✓Receptionist & notary services
Executive
Unlimited mail. Your full digital mailroom.
- ✓Bank-accepted Denver address
- ✓Unlimited mail pieces
- ✓15 scan pages/mo
- ✓Global coworking access
- ✓Receptionist & notary services
Additional mail pieces billed at $0.35 each. Additional scan pages billed at $0.50 each. All plans include 20% off meeting and event space at our partner, Shift Workspaces.
Questions
Common questions about banks and virtual addresses
Get the address your bank will accept.
Real Denver street address. Active in 24 hours. Accepted by Chase, Wells Fargo, and Bank of America.
Get Your Bank-Accepted Address →From $19/mo · Month-to-month · Cancel anytime