Lili has a strict policy regarding physical addresses.
When applying for a Lili account you will be requested to enter your home address and your business address, if you are listing a business on the account. The home address must be a residential address, and not a P.O. Box or commercial mailbox.
In case your business has partners with more than 25% ownership, you will be requested to add their personal information 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.