what is a correspondence address

1 year ago 58
Nature

A correspondence address is an address that is used to send and receive mail, but is not the address where the recipient resides. It is a physical location that is capable of receiving and storing mail, and can be used for official correspondence. A correspondence address can be used to register for different services, and is commonly accepted by most organizations. It is different from a residential address, which is where a person officially lives for a minimum of 183 days of the year and can prove residency there. A correspondence address can be located in a different country from the recipients country of residence. To register for a correspondence address, one needs to provide proof of identification and conform to PSD2 SCA requirements. A correspondence address can be the address of a family member or someone known to the recipient, and the person at that address must ensure that the correspondence is passed on to the recipient personally.