Closing a bank account and opening a new one with the same bank
Hi, please if a paypal account gets limited for any reasons, is it possible to just close that bank account and open a new one with the same bank? For example, i'm able to have two checking accounts at my financial institution, I would like to know if I can close one of the checking accounts and then open another one with the same bank. Will this be a red flag? Is it even possible to just close one checking account and open another one with a new account number altogether? Do I have to give the bank any reasons for doing this? Thanks for your input.
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