Forum

Unlimited Bank Accounts
 

Hi, I bought your Ebay Stealth book a while back now. I'm from Canada and you mentioned a bank that will allow me to create as many accounts as i wanted with just 2 clicks. What's the name of the bank?

My Paypal got suspended for unknown reason and I would like to know the name of the bank you mentioned. Thanks

You'll have to open a bank account in your name somewhere, then, most banks will allow you to open a new one via their internet banking portal.

TD Canada Trust, Scotia, CIBC, RBC... they will all allow it.

As for unlimited, there is no such thing. Everytime you open a bank account it will get listed either via the Chex system, or even on your credit report. While having 50 bank accounts does not affect a credit score, opening many and closing many could look suspicious or look like money laundering practices...

Some people have been refused service in a bank after a while because they were opening too many. If you are semi-honest and explain why you need them, some banks will be more comprehensive than others.

Good luck!

Can I ask you a question because I am not quite understand what you say. If i apply 4 accounts in TD bank and use all of them for my paypal accounts(4 different accounts). When one of the account/paypal has peoblem and closed by paypal, is there any problems with the rest three paypal accounts. (Also means, does paypal will track the account owner's name and close rest of three too.) Thanks

If you note to Aspkin that you have purchased the stealth book, and give him the key info you have he will make you a subscribed member. This is helpful especially in use of the Subscriber forums