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Old 07-28-2016
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Default Changing accounts at Metro Bank - risky?

This Spring I used a Metro Bank deposit account in my local branch to link to a now-limited PayPal account. Is there risk attached to closing that account and opening a new CURRENT account at the same branch for linking to a fresh PayPal account? Thanks for your help!
Midge
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Old 07-28-2016
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Default Re: Changing accounts at Metro Bank - risky?

The bank may not like it.

If you close a bank account its better to wait 4/5 months before reopening a bank account with the same bank.

In the mean time you can use savings accounts
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Default Re: Changing accounts at Metro Bank - risky?

Thanks, James. you're a mine of info today ;-) The bank offered to do this when I first opened the account, the defunct savings account will be just left so no hassle from them but will there be any PayPal risk?
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Default Re: Changing accounts at Metro Bank - risky?

Savings accounts are fine to use with PayPal
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