Too Many basic bank accounts

[chambo]

Hi all

Is there any problems with having to many current / basic current accounts?

I.e would you be investigated by banks, tax man etc?

Thanks

[GrannyT]

How many is too many?

[chambo]

5 basic.

how many can you have with natwest? also which banks would be the best for a business account with bad credit history?

Thanks

[GreenBean]

Would go no higher than 5.

Issue is not that but how you create them coupled with wanting a business account.

[eBay King]

Agree with GB. Don't go over the top.

[rsot]

Spread out the opening of new accounts too.

[chambo]

Thanks guys

This site is a great help

[GreenBean]

Another QUICK tip.

If possible dont do anything to make new ebay/paypal & bank accounts until you have worked out your plan to be stealth.

Post a plan, then we'll help you tweak it B4 its creation. Any gaffs might be caught & that will help you long term.
Good Luck

[chambo]

Thanks greenbean. Could i pm you my stealth plan for advise? Thanks

[tikade]

Originally Posted by GreenBean™

Would go no higher than 5.

Issue is not that but how you create them coupled with wanting a business account.

Is that no higher than 5 in total or 5 with the same bank ?

[NotAHappyBunny]

I would like to know this also

[MtnDew]

Yes dont go over 5 with a bank... trust me it sucks. close 1 first if you have to before opening a new one etc.

not that i would know