Storage?

Simple Question....

With the 4 character slots, does each one have it's own storage associated with it?

Example of what I am wondering...

My Main (and only char) I have a storage acct filled with crafting materials, when I decide to make my 2nd char will it have access to these materials in my storage.

Thx

Each account shares just one storage box between all 4 toons

The storage is universal. The only storage that is individual is what the character carries - ie in the backpack, belt pouch and 2 bags. The Storage facilities you pay for are account wide.