Business Banking and Sub Accounts (BOA + More ?)
Recently, I was thinking about opening a BOA Business Fundamentals Account for stealth use with my LLC. However, from what I've heard on this forum regarding VBAs, Bank of America no longer works with Paypal. Can someone confirm me on this? I was told by a BOA rep that I would be able to open various Checking / Savings under the same umbrella with online banking; not entirely sure if these are the same as BOA VBAs. Given that BOA was a preferred option on the forums for stealth users, you can imagine my disappointment in hearing that BOA "no longer worked" for anyone. BOA wasn't in my area, but their online banking probably would've saved me a lot of hassle and worked best for what I was looking for..
The banks I'll be contacting tomorrow for more information regarding their offers are U.S. Bank, SUNTRUST, USAA..
I currently bank with Chase for stealth and they've worked for me so far (they haven't really given me a hassle over anything yet). They're very friendly, but I feel somewhat a little limited by their options. I would rather have unlimited subaccounts, something similar to what BOA offered. Open and closing shouldn't really be too much of a hassle; I would just need to do it upon demand, especially since branches of these banks may not be in my area at all or easily accessible. BOA closed and moved out of my state years ago and I was clueless about them until recently..
If I am incorrect by assuming BOA no longer works for anything Paypal under this account preference, please let me know. By all means, if someone is not comfortable posting information publicly, they can PM me directly with an answer to this. However, I am currently looking for a solution and any help is appreciated. Thanks.
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