When applying for a Lili account you will be prompted to enter your home address and business address, if you are listing a business, such as an LLC or S Corp, on the account.
- The home address must be a residential address, and not a P.O. Box or commercial mailbox.
- If you have a registered business, the business address must be the physical address where you operate your business, and not your registered agent's address, which is the address at which legal notices are sent to your business.
If any individual owns 25% or more of your business, you will be required to add personal information for each such owner, including their residential address. Again, this must be a physical address and not a P.O. Box or commercial mailbox.
Lili is a technology company and not a bank. Banking services are provided by Choice Financial Group, Member FDIC. The Lili Visa® Business Debit Card is issued by Choice Financial Group, Member FDIC, pursuant to a license from Visa U.S.A.