Only had banks visit when financing or refinancing a property. Any other reason i would tell them to get a f***ing warrant and take my business elsewhere.
Out of curiosity, is your business address in a newly built area?, I would of thought maybe they couldn't find you on their database so wanted to make a physical visit check.
Even though it is their policy, I doubt they do this to every customer, it would be tedious and costly for the most part. Something must have triggered them to ask to see physical location.
Great, I thought it was only me who was dumb. They said it's "protecting themselves".
This is at M&T Bank, it's their policy. I highly suggest not using them.
I tried M&T once, nothing but problems with them. At first, they were heavily overcharging fees (it wasn't just me who had this problem and apparently they got into legal trouble). Then they kept bothering me with additional calls and mail. One of the worst banks I ever used, would never go back to them.