Forum

Bank Accounts
 

I am trying to plan ahead with regards to Bank Accounts for Stealths over the next year in the UK.

There is no rush at all to open them, however is it true that only up to 4 per bank should ever be opened?

There is a lot of research to be done, it is difficult to justify opening an account with a monthly cost or minimum funding. I am googling many Banks etc and trying to work out what is best.

And what about Virtual Accounts? Are they recommended in the UK?

I think I am missing a trick here and would appreciate some advice please.

Cheers.

Re: Bank Accounts
 

Missing several tricks.

Bank accounts are paypal based.

The UK subforum would have been the right place to post. Moved there now ;)

Anyhoos :yar:

VBAs are not around in the UK.

Re: Bank Accounts
 

:thumb: Well Done for doing that vital research. Best way to become adept in stealth.

It is preferable to not open too many bank accounts.

With careful preparation, you can make use of numerous accounts from the one bank. I'll throw in the list of UK banks recommended & share a comment or three.

I use RBS. That meant I could open a current account at a branch. Then I could use their internet system to create basic accounts.

What is pivotal for me is simply this: I only select accounts that have minimum fees to use the account.

I understand that some may pay to use Smile & other banks. Bit too mean, me ;)

As you research, look for banks that work like RBS. These are also banks that work well for stealth.
donkey', here are some URLs to UK Banks. Have a read. Any questions, pm me too, Hun :)

http://www.aspkin.com/forums/uk-payp...k-uk-only.html {I notice the 4 banks comments}.

http://www.aspkin.com/forums/uk-payp...-accounts.html {Post 11 mentions banks}


Hope these help, my Friend.

:mod:

Re: Bank Accounts
 

Thank you Greenie.

I will have a long look through all this over the weekend.

At the moment I am so tired, it has been a busy yet profitable week.

I already have accounts open with a few different Banks for numerous reasons over the last 5 years. I do have an account with Smile, it costs me nothing!

I am thinking long term you see, minimising risk is my goal as I do believe the potential to earn is HUGE!

Have a very nice weekend.