| Pandoras_box | 07-25-2020 07:10 AM |
Re: Wont your bank notice incoming money
Quote:
Originally Posted by Izumikazekage
(Post 1107465)
im not getting answers..
| Some banks don't really care or don't even 'notice' the name mismatch unless it's flagged or you accidentally call attention to it. This happened to us with Natwest bank in 2017, and they wanted to close my account - just because I called in to ask why there had been a small unauthorized debit on my account. I managed to talk my way out of it, and they left the account up.
The point is: if you keep under the radar and don't overdo things, most stealth-friendly banks won't notice, or may notice but not consider it a problem like tax evasion or ML.
We have 2 - 3 savings accounts with almost every bank that supports stealth, and we make it a point to never pay in more than £6000 per bank, per month.
Make sure you move the money to your business bank account and make all your expenditure from your business account.
One more thing, we never use current accounts for stealth. All accounts are savers. You don't want that many for prints on your credit file that comes with using a current account.
I hope this helps. | 
