1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Situations.. Where should I hold my money?

Discussion in 'Business & Tax Advice' started by SilverBack, Oct 19, 2013.

  1. SilverBack

    SilverBack Newbie

    Joined:
    Oct 14, 2013
    Messages:
    46
    Likes Received:
    6
    So i had a bank account with one of the major banks in the US and
    had been with them since 2009. Well I recently unknowingly and not
    really thinking deposited a check for someone I knew so he could
    cashout. Well it so happens that check was a bad check. In under
    24 hrs, the check was sent to their highest department where they
    decided to close my bank account and didnt give me any options to
    fix the situation. I am not allow to bank with them ever because
    ONE BAD CHECK that happen to be under $300. Im either own or
    still in the process of being on some kind of list that can prevent
    me from opening or even having a bank account for up to 7 years
    but will be removed once I pay it the check balance. They even
    charged me for them to forcibly close my account.

    Well now I need to buy hosting and domains to build websites and
    have the money in my pocket with no way using it online. Whats my
    best route to store money. Im not even feeling like fucking with
    anothermajor bank. What do you think about the Walmart MoneyCard
    or should I use put some money on a paypal giftcard to get started
    since i have a verified paypal account that was verified from the bank
    that i have nowbeen banned from. Im also thinking about funny with a
    direct bank like Ally Bank. What do you think I should do? Where should
    I keep my money?
     
  2. accelerator_dd

    accelerator_dd Jr. VIP Jr. VIP Premium Member

    Joined:
    May 14, 2010
    Messages:
    2,441
    Likes Received:
    1,005
    Occupation:
    SEO
    Location:
    IM Wonderland
    How about opening up an LLC and a bank account on the LLCs name?
     
  3. HeRBaR

    HeRBaR Supreme Member

    Joined:
    Aug 15, 2011
    Messages:
    1,216
    Likes Received:
    980
    Occupation:
    Sleeping
    Location:
    localhost
    Home Page:
    ^^^ This is the best solution if you are trying to start a business. (Web site design / developing)
    Like this all of your transactions will be on your business name / bank account.
     
  4. SilverBack

    SilverBack Newbie

    Joined:
    Oct 14, 2013
    Messages:
    46
    Likes Received:
    6
    I don't have money to be doing all that. At least not yet. The idea is I
    need to make money online using the little money I have to get the
    resources needed but have no way transferring the money online yet.
    I've been in the same clothes for over 2 weeks to paint a picture for you.
     
  5. accelerator_dd

    accelerator_dd Jr. VIP Jr. VIP Premium Member

    Joined:
    May 14, 2010
    Messages:
    2,441
    Likes Received:
    1,005
    Occupation:
    SEO
    Location:
    IM Wonderland
    A better suited solution then would be: get a payoneer card ($25 + $60 for overnight delivery) and start buying prepaid cards and deposit the balances to the prepaid card via their website - also tie that prepaid payoneer card to your existing paypal so you can receive paypal payments and transfer everything to your prepaid payoneer card so you can pay in stores and such.
     
  6. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

    Joined:
    Nov 5, 2012
    Messages:
    4,345
    Likes Received:
    11,253
    Occupation:
    travəlɪŋ
    Location:
    Aibres
    Home Page:
    What money? You just said that you don't have money.
     
  7. SilverBack

    SilverBack Newbie

    Joined:
    Oct 14, 2013
    Messages:
    46
    Likes Received:
    6
    the money i have in my pocket LITERALLY that im going to be using to
    buy hosting and domains names LOL. unless you know how to get websites
    up for totally free that arent free blogging platforms. you troll a lot of threads
     
  8. mrtwister_65

    mrtwister_65 Regular Member

    Joined:
    Dec 30, 2009
    Messages:
    462
    Likes Received:
    534
    Even if they (banks) refusing to open a current account (you say you are now on some list?), you are still able to open a basic savings account. That what people do when go bankrupt. You can get wires on it. Get yourself pay-as-you-go credit card. And you are set. No credit card worries anymore.
     
  9. TehEpidemick

    TehEpidemick BANNED BANNED

    Joined:
    Oct 31, 2011
    Messages:
    778
    Likes Received:
    181
    im missing something. whats wrong with a walmart visa card or a paypal greenpack card thing?
     
  10. SilverBack

    SilverBack Newbie

    Joined:
    Oct 14, 2013
    Messages:
    46
    Likes Received:
    6
    the idea got skipped. i went to walmart to check the cards out. i found out they have
    A.E. bluebird which looks better than the W. moneycards. anyone you it before?
     
  11. contentoholic

    contentoholic Regular Member

    Joined:
    Sep 18, 2013
    Messages:
    233
    Likes Received:
    27
    Blacklisted for 7 years for just $300? That was harsh.

    You can try Payoneer card and link it with Paypal.
     
  12. MadStacks

    MadStacks BANNED BANNED

    Joined:
    Oct 20, 2013
    Messages:
    1,494
    Likes Received:
    493
    You can think about a greendot money pak card or using Payoneer. Another option is to open an LLC like someone else above
    pointed out and then opening a bank account with that. Closing you down over one bounces check is BS anyway. You know how many
    times someone can write you a rubber check. I would not do business with a bank like that.