Yes, Opening a bank account in New York with a virtual address is possible, as many banks and credit card companies allow it to be used as a personal address. However, it may be difficult to do so due to federal banking regulations that require all bank accounts to have a registered physical address. To overcome this challenge, one may use a virtual online mail provider like PostScan Mail to obtain a professional business address for their home or business. With a virtual mailbox, one can incorporate their business, file business documents, open bank accounts, and do anything else that requires a physical address. When opening a bank account with a virtual address, one will need a valid driver’s license or other government-issued ID, and if an initial deposit is required, debit card information as well. Despite the difficulties, any business can use a virtual business address, whether they are a sole proprietor or run their company as an LLC or corporation.