Re: is it safe to open many bank accounts? Quote:
Originally Posted by rocketman so how many bank accounts do you have and how much money you get into them a month? through pp, is it safe to have more then 15 bank accounts? | The good old how long is a piece of string question.
To reply to your thread title:
The reply is yes and no.
Let's 'do' the negative 1st.
Going out and making multiple accounts at any & all banks will not succeed. Choosing banks less than happy to accept name mismatches casues this.
Luckily we have the positive.
rocketman, you sit down and plan out a 'stealth' future with ebay/paypal. Thanks to belonging here, you have access to heaps of info about banks & how to best use them. You map out a plan that allows creating accounts at selected banks with the least amount of fuss.
There are numerous lists, posts, all over the forum. I looked up a few to give you a hand...
You should have seen the Means to an End List in the below area http://www.aspkin.com/forums/lock-box/ dont forget the Subscribers Area has the juicy threads too
Main forum has bank talk in the Paypal Section: You have several essential things to consider here. Check the DATE of the thread. Bank status may have changed. If you happen to find a 'bank' that appears to look OK, make a thread and ask....that can be a learning curve for all of us.
As well as banks, Credit Unions can be of advantage for stealth. Majority have user requirements. If suited, a credit union is great.
Here endth the waffle
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