Verification and compatibility

Will this work for my bank?

Answer

No, and HushSMS will not sell you a line for one. Regulated financial institutions — PayPal, Revolut and Wise, and retail banks generally — check submitted numbers against carrier databases and reject virtual allocations at onboarding, and they require a government ID that no phone number substitutes for. Any provider promising bank verification is selling a line that will fail.

The longer version

The reason is regulatory rather than technical, which is why no provider can engineer around it. Anti-money-laundering rules make the phone number part of a customer identity file that has to survive an audit, so an institution that accepted anonymous virtual lines would be failing an obligation it can be fined for. Expect the checks to get stricter rather than looser. There is a narrower thing that does work and gets confused with this: adding a virtual number as an SMS second factor on an account you already verified with real documents, which several exchanges permit. That is authentication, not identification, and it is the only part of regulated finance a number like this touches.