Character Transfer Question

Q u o t e:
You can create a new account under the same battlenet account (with your name on it) and transfer the toon over. That way you can play both at the same time.

If you wish to create a new battlenet account all to gether (with same name) and move a toon, I believe there is a 30 day cooldown period before you can transfer.

That is correct - if it's a different Battle.net account, there is a 30 day wait.

You'd need to establish another account at the same expansion level as the current account at least, all details need to match if setting up another Battle.net. That's really not necessary, up to eight WoW accounts can be on a single Battle.net.

You could then use our paid character transfer service from one account to the other. Note, there are other restrictions and you may wish to read over the FAQ for gold caps, etc. on transfers.

Here are two FAQs that you may wish to look over.

http://us.blizzard.com/support/article.xml?locale=en_US&articleId=26163
http://us.blizzard.com/support/article.xml?locale=en_US&articleId=20558

I've checked here - and I've been told it's either way, although that restriction FAQ was written back when Battle.net was new and deals more with merged accounts than new ones.

Unless there is an overriding need for a separate Battle.net account for some reason, it's still far simpler to use the same one to house all a players accounts. You can log in on multiple accounts at the same time under the same Battle.net.