Re: Bank account alternative
A VBA can be used to open the account and get the micro-deposit information, but you cannot have money deposited into the VBA.
Real bank accounts CAN be opened online at the right banks. B of A and Chase are two that come to mind.
Beware of the reloadable debit cards that come with a bank account! While some people HAVE used them successfully, many others have had problems with them. Metabank in particular does not like to allow any deposits if the names on the accounts do not match EXACTLY. And Metabank powers MANY, MANY of these cards, regardless of the name on the front of the card. To check, look at the terms of service.
In my experience, nothing beats a REAL bank account.
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