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Multiple bank accounts at one bank
 

I just made my first stealth account( YAY :cheer:)
But then it dawned on me that I will have to make a new bank account again in a next couple days( for more stealths) and then a couple days after that.



My question is won't my bank get suspicious when they see me with 20 plus accounts for one user


I am pondering hard about this and need some veteran advise

re: Multiple bank accounts at one bank
 

Lucky for you, you can get VBA's.. wish we had that over here :pout:

re: Multiple bank accounts at one bank
 

What if i don't want to use VBA

Will my bank have a problem with me having more than 10 accounts

re: Multiple bank accounts at one bank
 

Kirsty,

few of us ever suggest putting all your eggs in one basket.

So having 10 accounts at one bank is going s t r e t c h matters.

What are you considering for long term stealth? We can make some suggestions after getting your ideas.

:mod:

Re: Multiple bank accounts at one bank
 

I suggest using more than one bank. I try to limit the number of accounts at any one bank to about 6. Multiple accounts is normal to a point. For example, you could have a personal checking account, personal savings account, business checking account, business savings account, a homeowners account, a Christmas club account, etc.

But yes, 20 accounts at one bank would be stretching it.

I would also not add a bank account to Amazon (if you are planning Amazon accounts) until the account has survived for at least a week. That way, if they are going to close the account (and it DOES happen) you don't waste a bank account on it.

Keep in mind that each bank account can be used for 1 PayPal + 1 Amazon + 1 Half + 1 of each of any other payment processors. If you have a "John Smith" account at both eBay and Amazon, there is no need to use 2 separate accounts for them.

Search the forums for banks that are good for stealth - there are tons of them.

Also, consider the use of Virtual Bank Accounts (VBA's) until you actually want to start withdrawing money. If an account dies early on, you will not have wasted a real bank account on it.

Here in the USA we are lucky in that we can have as many accounts as we want. In some other countries, like the UK, bank accounts are a rare and precious commodity.

Re: Multiple bank accounts at one bank
 

I've had 20+ accounts at 2 banks, and 5-8 at another 3 banks for 4 years now.

Only repercussion I've ever had because of it is there is a notation on my credit report that says :WARNING, OVER ACCOUNT LIMIT or something.

Just have a good reason for it when you go to the bank. Mine is, "I use the accounts as a savings mechanism... this one is for a new car, this one is for college, this one is for paying bills... "

Re: Multiple bank accounts at one bank
 

With careful selection, you can, and you should avoid having any notation put on your credit file.

Careful choice of banks allows users to have multiple accounts.

Re: Multiple bank accounts at one bank
 

There is another thread happening as well....

http://www.aspkin.com/forums/paypal-...-accounts.html