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Call from TD Bank fraud dept. about accounts
 

TD fraud called about the 7 checking accounts I have open with them. I had 5 & opened 2 new ones last week.

They were asking why I needed so many checking accounts and I told them the exact truth leaving out that the accounts were stealth. Said I needed one for every pp acct. according to pp.

The lady asked if I worked from home I said yes and she was all happy said my accts. were all in good standing and wished me a nice day.

I will be going to BOA this week & open an acct. as I have nothing there yet. I don't think it's a good idea to push my luck. Anybody else have such an experience?

Re: Call from TD Bank fraud dept. about accounts
 

I would never have more than 6 accounts per bank. I try to limit it to 4. There are TONS of banks here in the US that work for stealth, so unless you have hundreds of stealth accounts, bank accounts should not be a problem.

My guess, from what you posted, is that TD was thinking that your accounts should be BUSINESS accounts and not personal accounts.

I use LLC's and business accounts to avoid this issue entirely. It is worth it to me.

Re: Call from TD Bank fraud dept. about accounts
 

my magic number is 3 bank accs max per institution.

Re: Call from TD Bank fraud dept. about accounts
 

Before you race ahead and go making new bank accounts, may I suggest you get a credit report. Check to see if TD Bank have kept this within house.
Hold off until you get the report.

Yes, we have had users report similar issues. This has been for each of the main ebay selling platforms, USA, UK, Australia & a lone Canadian report.

Some users avoided dramas by hasty visits to their bank managers.

Names have been the primary reasons & monetary transfer volumes.

Next post is a couple of the threads from all the different countries.

Re: Call from TD Bank fraud dept. about accounts
 

Here's some threads to re-read regarding bank's behavior.

Note NUMBERS of accounts come into the equation

Names are an issue.

Total of transfers raises flags.
http://www.aspkin.com/forums/uk-payp...ts-closed.html

http://www.aspkin.com/forums/uk-payp...ts-closed.html

http://www.aspkin.com/forums/subscri...-my-money.html

***http://www.aspkin.com/forums/subscri...tml#post324614*** USA bank, Joel.

http://www.aspkin.com/forums/austral...-bank-ban.html

http://www.aspkin.com/forums/au-payp...d-suncorp.html

Re: Call from TD Bank fraud dept. about accounts
 

I appreciate the feedback and will not open any more at TD. I will also visit the branch where the mgr. knows me. The call from fraud dept. seemed to go well after I told the lady what I was doing. She seemed all happy but I will visit branch regardless.

Re: Call from TD Bank fraud dept. about accounts
 

Excellent. Be forewarned about your own finances and allow noone or nothing to surprise you.

:peace:

Re: Call from TD Bank fraud dept. about accounts
 

@joesshoez

Did you tell then about your eBay operation? Also, about the name mismatch, was it a totally different name or was it like a name variation? I am personally finding out how many different ways I can spell, misspell, or phonetically change my real name. I hope your issue isn't with names that are similar.

Re: Call from TD Bank fraud dept. about accounts
 

@joeshooze, moving forward...yes spread accounts over various banks...check your credit score...and (suggestion) leave some amounts with TD that will make them happy to have your business - build relationship (as you have been doing :thumb: )

Re: Call from TD Bank fraud dept. about accounts
 

my suggestion is that you wait a few days between opening accounts, and open them at different banks