Re: Opening a EU Paypal Account with just a CC and selling in UK?

[NoneOther]

Originally Posted by they_screwed_me_too

which roughly translates in bank language as.......................

as many as THEY think you need

TSMT is spot on.

Open too many and they will ask questions.

Banks are under a legal obligation to monitor clients account for suspicious activity and have the power to close accounts immediately should they think they are being abused.

Don't think for a minute that they won't, it has happened to folks on here.

Like everything else, be sensible and take things slow and easy. Build a solid history with your bank and then you can push the number of accounts you need. Rush it and it could well back fire.

[Global]

It was the RBS, the lady shocked me a little as I had to ask her twice to make sure she wasnt mistaken.

All good though and appreciate your advice about taking things slowly. Had a call from them this morning to say the 2nd account was set up for me and wishing me well.

Cant say fairer than that, was easy as pie really to get the accounts and I had been stressing about opening accounts for weeks!

Thanks all for the advice on searching out the basic bank accounts!