Hi, Guest
10-09-2008, 10:10 AM
cornflakes,Oct 8 2008, 07:15 PM Wrote:How do i open a new bank account? Does it have a fee or just a "minimum balance"? Does opening a 2nd bank account have any drawbacks or is it perfectly normal?First ... I suggest you do what Canadian ST said ... but to answer your questions:
The thing is, i'm not going to use that 2nd bank account for anything OTHER than to verify my 2nd paypal account and to withdraw funds. I do all my banking on the primary bank account which is now frozen in my limited account.
Should i just open a 2nd account with my current bank or can i open one up at say PC?
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Opening on account is easiest online if you bank that way; otherwise you have to go into the branch ... the downfall is that you now have another bank fee to pay for.
Personally, I like having a separate account that is used only for PayPal purposes ... I will not attach my "regular" account to anything outside the banks system ... same for credit card ... I have a no fee VISA that has a very small credit limit that I use solely to fund PayPal ... those two things significantly limit my exposure to any problems that may stem from PayPal.
Good luck with that.
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2003 Focus ZX5 infra-red Track Rat - R*I*P
2003 ZX5 CD Silver Track Rat - retired, but still in the driveway
New track rat: 2000 ZX3, Atlantic Blue * JRSC with lots more to come
* New Zetec crate motor - NFG - thanks Topspeed *