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Do you think I am pushing the limits with my bank?
 

I have a lot of PayPal/Amazon stealth accounts each linked to a separate bank accounts. When I go to withdraw cash from my Chase account I have like 8 different bank accounts with them, the bank teller always gives me weird looks lol. What sucks about my accounts with Bank of America is it shows my stealth accounts name on each bank account when I get a deposit, which sucks because I have six accounts with them. Am I pushing my limits with the bank for having that many accounts? How many bank accounts should I have per a bank, like 3-4?

If I posted this in the wrong section please move it.

8 seems like a lot but if you withdrew from the ATM then you would not get these dirty looks and come to think of it no matter how many accounts i have had with a bank, i think just about every teller has given me dirty looks!

Why not just open an account with another bank and spread it over more than one single bank?
Not that difficult to do and very simple to set up. Plenty of banks out there.

Was gonna say the same thing- is there a reason you're doing it in person not via machine?

What I do is, I give my account names. Like "car payment" or "college fund". I have 7 with NFU and I dont get looks.

No looks here, but then again I have never even seen the teller at most banks... Just ATM or transfers....

2-3 is a good number per bank - best to spread.

I would use local branches from top accounts and build a relationship, incase I ever run into a problem I have built a relationship with them etc. A human can bypass computers and stop checks, payments etc even if its against a banks policy. My dad taught me the this :)

Otherwise if you have a few accounts with the same bank and they can see the incoming name, then its best to use the atm. Ive read thats how the post office catches people running scams, they see the same type of packaging coming from different names/addresses.

Thats all you need is a teller looking to become a manager, notices you have many accounts getting payments from stealth accounts. Banks dont like that, and all she has to do is report that.....

Sounds like a solid strategy for small town... I know around here there are rotating doors for employees at most banks.... Here you only need a GED to work teller and they are low paid...

The reason I go inside to withdraw cash is because I take out 2-3 grand a day, I buy and resell stuff off craigslist lol.

you are asking for a lot of trouble to be doing that type of traffic via stealth and while drawing attention to yourself. these people are not stupid, it is their profession. be careful

I don't see any problems taking out that much. I do that with NFCU but not everyday.

I am going to close four accounts and open them back up with another bank. And I don't really sell a lot on my stealth accounts, mainly on main Amazon account. I will sell stuff like broken phones I can't list on Amazon on my stealth eBay accounts.

2-3k a day? That is extremely risky if they can see incoming deposits with different names......I would not do it.

i would say closing 4 accounts at one time would be seen as proof of shadiness. do things slowly. just my opinion

By the bank? Or by the "community"?

Now you are being stupid.

Closing accounts then opening fresh again will get you marked.

All your banking activity is traceable and flagged.

Your deposits alone have flagged the accounts.

Have you made NO study of US banking laws?:smash:

I have no problems with being stealth. But I have problems when bank accounts are used and draw bad attention to the account holder.

You appear to have a pattern of banking that will invoke problems:smash:

by everyone :D

Absolutely correct. Closing accounts then opening new ones is a #1 sign of "something isn't right here." WAY too fishy. And withdrawing $2k-$3k per DAY will definitely raise flags. The majority of people (those who just work average jobs) only make $3k-$4k a MONTH if they are lucky. Thus, the majority of people, including these bank employees, will think something fishy is going on.

I would resort to ATM withdraws. Sure there's a limit, but it's better than being busted. :mod:

HOWEVER, I have read that bank of america and chase are the top banks to use for stealth accounts since they don't really care if the names dont match for deposits.

stay frosty :thumb:

Are these regular everyday accounts or business accounts.

Business accounts are much better for situations like these.

Keep in mind this is the same user that says he has dont over 200K in sales on Amazon in 2months.

How is making more (and consequently, withdrawing more) money than most people "fishy"? What is the problem with that? It's none of their business how much money someone makes.

I'm not sure about the US, but in the UK, you'd need to go into branch to withdraw that much... ATM withdrawals top out at £250-£400 per day depending on the bank. So it could take over a week to withdraw the figure that he wants. I'd just go to the branch and ignore the strange looks, lol.

Sure it's not your face? :boink:

Regardless, anyone using a bank should have a variety of methods to obtain their funds... normal, natural activity.

:juggle:

Savings are pretty light compared to chequing.

how could you not love this face?:nerd:

I am many things but no longer a bank teller
:boink:

:pound:

i knew that was you!

until those strange looks cost him not one but all stealth accounts and all earnings that are tied up in each one.

as user3657 and many others said, withdrawing 2-3k per DAY? when compared to other people's salaries? and compared to other people's weekly or monthly bank withdrawals let alone daily? all done under stealth? on multi accounts?
i'm not surprised he's getting strange looks, to say the least.

sounds like the OP- and many other replies- are aware of the smell of fumes, and you're telling him to ignore them and walk straight into the fire!

It's been my experience at the bank quite a few times. "what do you do for a living?" "oh really?" "what do you sell?" "and you make this much?" humans are noisy as hell and love to probe around in other people's affairs.

yotano is right, business accounts are the only way this activity can be seen as normal and even then i would be very very cautious. you better be running an actual business with this type of activity if you want to stay out of trouble. like someone said earlier all it takes is someone trying to be bigman/bigwoman and report this to your boss and you'd better have a good explanation once the subject comes up

Number 1 person to tipoff "other" people = bank tellers

I have been using Ally online bank, I have has no problem opening saving accounts online, Giving them a nick name and having stealth deposits from PP NO problem so far but when a account gets suspended I don't close the savings account. I leave it open for at least 6 months.

All these issue would not exist if you simply got a DBA and opened up business accounts in the name of the DBA (stealth name).

I think I made it sound worse than I actually did, with Chase I have eight bank accounts, and with Bank of America I have five bank accounts. Four of my accounts with Chase are over five years old which I don’t use for business/stealth accounts, they are for personal use. I have one business account with them which is strictly for my real Amazon account which receives pretty big deposits on a daily basis. The other three accounts are linked to my stealth eBay/Amazon accounts which don’t really get used. I have five accounts with Bank of America, two of the accounts are over 10 years old the other three accounts are for stealth, they each receive a deposit of under $500 a month. I was just worried of having to many accounts, which obviously I do. I am going to close my accounts I use for stealth at Chase and reopen them at Ally bank. And I am going to close two accounts at Bank of America. Thanks for all of your advise.

And I agree people can get very noisy about my deposits and what not, but I am not worried about taking 2-3 grand out a day. I use my business account to take out the cash, I am a registered business, everybody at Chase knows what I do, and I pay my taxes.