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Bank Accounts General discussions on bank accounts, withdrawing funds, virtual bank accounts (VBAs) and more.

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Old 09-06-2018
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Default Cad Banks?

I just opened up a ClBC business account a few months ago in Canada. One account is costing me $20 a month the other $1 per transaction and doesn't allow anymore bank accounts under the business, just 2 more savings account with $6 with $5 per transaction. LIKE WTF.

Should I do it under personal account? Is there a way to do it? I just opened up 10 stealth accounts and need to add 10 bank accounts. Also maybe open up a bank account with Wells Fargo in the USA or another US bank under my business name and it would be easier?

Thank you!

P.S. Can't wait to go back to the USA in the next 2 years.
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Old 09-06-2018
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Default Re: Cad Banks?

Oh, you're in Canada? I was about to ask how you were able to do all that while living in USA.

If I were you, I would open a few different USA business bank accounts for your business. Do them a few weeks apart if you do. Then request 1 savings + 2 checking accounts at 3 different banks and you're set.
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Old 09-06-2018
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Default Re: Cad Banks?

CIBC is horrible with fees - TD and RBC are better if I recall correctly
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Old 09-06-2018
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Default Re: Cad Banks?

Quote:
Originally Posted by phaz0rz View Post
Oh, you're in Canada? I was about to ask how you were able to do all that while living in USA.

If I were you, I would open a few different USA business bank accounts for your business. Do them a few weeks apart if you do. Then request 1 savings + 2 checking accounts at 3 different banks and you're set.
Yeah got to find out if I got to lay taxes in the usa because my one or few banks would be in the usa on that one. I plan on opening up 40 stealth per month honestly. So need q bank in business I can do this and rotate once the accounts are burned. They would just be backups.
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Old 09-06-2018
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Default Re: Cad Banks?

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Originally Posted by rsot View Post
CIBC is horrible with fees - TD and RBC are better if I recall correctly
Yeah cibc blows with that. I'll try to find out about TD and for sure I have to get rbc account for sure. I heard another bank is also good u can have as many accounts as u wish and open them within a few clicks as well.
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Old 12-10-2018
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Default Re: Cad Banks?

Which bank is that?
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Old 12-10-2018
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Default Re: Cad Banks?

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Originally Posted by GtPro12 View Post
Which bank is that?
About which one?
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Old 12-11-2018
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Default Re: Cad Banks?

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Originally Posted by Jennifer91 View Post
Yeah cibc blows with that. I'll try to find out about TD and for sure I have to get rbc account for sure. I heard another bank is also good u can have as many accounts as u wish and open them within a few clicks as well.

I was asking about which bank is it possible to open as many accounts as one wishes within a few clicks
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Old 12-15-2018
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Default Re: Cad Banks?

@Jennifer91
I am in the USA and I have a couple of Canada stealth paypal accounts that are limited. 180 days has passed and I need to get the funds out. Would you be willing to work something out with me to add a Canada account to them to withdraw funds??
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Old 12-15-2018
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Default Re: Cad Banks?

RBC helps Canadian to open bank accounts in US. Maybe you can ask RBC in the US if they can help you to open a bank account in Canada.

Quote:
Originally Posted by flossmodeceo View Post
@Jennifer91
I am in the USA and I have a couple of Canada stealth paypal accounts that are limited. 180 days has passed and I need to get the funds out. Would you be willing to work something out with me to add a Canada account to them to withdraw funds??
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