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 Which bank account can I hold in HSBC

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T O P I C    R E V I E W
JdC40 Posted - 15 July 2009 : 12:39:50
Which bank account can I hold in HSBC if im declared bankrupt?
7   L A T E S T    R E P L I E S    (Newest First)
Skippy Posted - 15 July 2009 : 20:26:44
I'd recommend the Co-op Cashminder account. It's a really good account and their customer service is excellent.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

24 IPA payments made, 12 to go - on the home straight!
sjbyron Posted - 15 July 2009 : 19:37:06
Barclays are known to close basic accounts if opened before bankruptcy, they did that to me, cooperative dont and they dont mind if you had debt with them that are included in the bankruptcy, they dont do that in ivas.

Barclays are also known to decline people and it is abit hazy about their link with barclaycard.

Cooperative are ok except for the debit card being a dressed up electron which can confuse retailers

their is thinkbanking too

Stu J Byron
Reviva UK Posted - 15 July 2009 : 18:41:08
Hi

absolute waste of your time to try to hold on to anything associated with HSBC.

Completely their loss.

The COOP on the other hand have an interesting strategy of attractting "Debt Free" people and hope to build a long term relationship with them.

One is obviously a switched on long term thinking bank the other is a global bank with great adverts of birds catching fish!

Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com

Real People ..... Real Debt Solutions
starboy Posted - 15 July 2009 : 18:06:27
My iva was with hsbc there closed it
Niobe Posted - 15 July 2009 : 17:29:15
HSBC and First Direct tend to do this.

I wouldn't touch either with a ten foot barge pole. They are not a sympathetic bank.

The glimmer gets brighter all the time

Jan
xx
Skippy Posted - 15 July 2009 : 15:43:11
HSBC go through the insolvency register and have a policy of closing the bank accounts of anyone who is BR or in an IVA. I definitely wouldn't recommend opening an account with them - The Co-op and Barclays are the most BR friendly accounts.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

24 IPA payments made, 12 to go - on the home straight!
gettingoutofdebt Posted - 15 July 2009 : 12:45:19
I don't know if HSBC will allow any although they do have a basic account. You can give them a call and see if they will let you open an account but you should tell them that you are declaring/declared BR.

The Co-op is normally the best if you are BR.

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