What bank would you recommend?

[XeBrandon]

Which bank would be best for creating mass (10+) checking accounts and does not care about mismatched names. Do you guys have any suggestions? I currently am using capital one but I think I’ve reached the limit of accounts that I can link, and have heard (read) people on here say they’ve had issues with capital one.

The bank accounts will be in my name obviously just the mercari accounts that I am linking will have aliases.

Does anybody who is experienced here mind sharing what they have learned over time when it comes to banking solutions for mass stealth accounts?

Edit: US Bank

[Kingfisher]

I have read That chase and TD bank are good but Wells Fargo and bofa being #1! I tried to get a bofa and they wouldn’t let me for whatever reason but I was able to get chase TD and Wells Fargo!

[agent006140]

as long as you have a valid SSN,physical address,you can keep trying,there are so many banks in US,also credit unions!

[yankee]

10,000+ USA banks allowing miss-matched name deposits. Best, who knows but I almost never use big banks myself.

TD is know to have some issues sometimes.

I like tiny credit unions personally and i would never have more than 6 accounts opened up over a year at any bank. Spread the money around especially with today's anti money laundering crackdowns.

[agent006140]

CIT,Synchrony,Marcus,AMEX,Virtual banks ,they all accept applications online

[mpfteam]

Need some advice please. I know how to withdraw money from PayPal but how do I make it so I don't have trouble with taxes. Of course I am using stealth accounts. Any recommendations I'd appreciate it a lot. Thank you
Or how do I keep safe that stealth PayPal account. I guess$10k is the limit?

[Kharz]

Originally Posted by mpfteam

Need some advice please. I know how to withdraw money from PayPal but how do I make it so I don't have trouble with taxes. Of course I am using stealth accounts. Any recommendations I'd appreciate it a lot. Thank you
Or how do I keep safe that stealth PayPal account. I guess$10k is the limit?

Best is to pay taxes so you won't get any trouble

[mpfteam]

Yeah that makes sense. Now... Since the account is a slteath account and the 1099 is going to the name on the stealth then... How am I going to pay taxes? Under my name or the accounts name?

Super confused.

[Kharz]

I believe you mentioned you are asking how to withdraw the funds without linking back to you, correct?

[mpfteam]

That's correct. Exactly

[agent006140]

Originally Posted by mpfteam

Yeah that makes sense. Now... Since the account is a slteath account and the 1099 is going to the name on the stealth then... How am I going to pay taxes? Under my name or the accounts name?

Super confused.

whose SSN is with these stealth accounts?
1099k will go to that person whose SSN is with these accounts,one copy to him and one copy to IRS

[mpfteam]

There's a dummy ssn in the stealth

[agent006140]

then better not exceed or get close to the 1099K limits

[mpfteam]

And I think it's $20k, correct?

[agent006140]

200 transactions AND $20,000(payments from goods and services),

[agent006140]

even if you dont exceed that threshold with your stealth account and dummy SSN,how do you move your money out of your Paypal account?
If it is to your own bank account,auditor will see that and it would be your income

[AlexATackett]

Originally Posted by agent006140

CIT,Synchrony,Marcus,AMEX,Virtual banks ,they all accept applications online

Please list other than these name

[agent006140]

These are all US banks,you are in UK,I dont know any.
But have you tried HSBC??