I had an account with Halifax before my IVA and I opened an account with Nat West as a new account, just leaving the Halifax account dormant ( I transferred all DDs etc manually, as there were some I didn't want transferred, like creditors). So, at that point I had two accounts. Then I got wind that Nat West was allied to one of my creditors and, so, to be on the safe side I opened a Cashminder account with the Co-Op --- actually, I opened two: one I used for DD's and regular expenses and the other for spending (groceries, petrol and stuff like that). Again I left the other account dormant. So .... I had 4 accounts !! After my IVA finished the Co-Op rolled my two basic cashminders into one 'grown up' account and I use that for the bills, DDs etc. The NatWest account I use for spending money (groceries, petrol, fun etc.) and the Halifax account is still sitting there with 14p in it. So. I am down to three accounts. I have never come across anyone saying that you can only have the one account.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk