Are there Banks that allow Multiple savings accounts under one checking account

[rond100]

I had a ING checking account. With this checking account you can open up to 30 savings accounts at any giving time

I used this to open over 100 paypal accounts over several months.

I was recently contacted by ING, because of the paypal deposits coming in under different names.

They closed the bank account. I never actually use the paypal accounts I only use it you open a verified paypal account to sell on eBay. I bill customers in other ways.

Are there other banks that allow you to open sub accounts besides ING?

Thanks in advance.

[foster]

Another option would be a single savings account with multiple checking accounts. That's what I'm using. Each checking account gives you a different account number for verifying, etc. This is also what they talk about when firewalling your savings account.

Just make sure it's a checking account that doesn't require a minimum balance and doesn't automatically move money from savings to cover and charges.

[aspkin]

Which bank account is that foster?

I've heard of another account like ING rond100, but I can't think of it now.

I'll look around.

[foster]

Originally Posted by aspkin

Which bank account is that foster?

I've heard of another account like ING rond100, but I can't think of it now.

I'll look around.

It's a just a local credit union.