hsbc business bank account review

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Average Ratings
Customer service1.4/10 Based on 12 ratings
Value for Money1.8/10
Reviewer Rating1.7/10
Overall Rating2.3/10 Based on 31 ratings
8% Recommended2 out of 24 Reviews

Review of HSBC Business Bank Account

By syndicateleader on 16th Jan 2008

syndicateleader's Ratings
Customer service2/10
Banked with company1 year and over
Value for money0/10
Overall value0/10
no syndicateleader's recommendation

Good Points

They actually have branches in my City, pleasant enough staff but unable to actually 'do' anything to help you

Bad Points

Everything else

General Comments

After having been a personal customer of HSBC for a number of years I should have known better than to try to open a Business account with them, but as I intend to operate (eventually) in foreign countries too, I thought a bank with an international presence would be the best way to go. I have a personal loan with HSBC - no missed/late payments or problems, but I got a joint account at another bank with my fiance when we moved in together, so my salary from my employer is paid into the joint account instead of HSBC. Based on this, HSBC reduced my credit on my credit card to £100 overnight without discussion, and now based on the fact that my salary isn't paid into HSBC they are refusing to open a Business account for me. Straight decline, no discussion, no one to talk to about it. It makes no sense whatsoever. I want to pay them money, I don't want to borrow any. As soon as the loan is finished I am done with HSBC once and for all and I suggest anyone considering an account with them think twice.

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