the bank has given me 30 days notice as they are closing my account without a reason.
how do i get them to give me a valid reason?
they say that they dont have to give me a reason
and the the financial ombudsman services said the same thing that they dont have to give a reason for their decision
i have been overdrawn in my account only once in the 4 months that i had the account and i cant understand why they would do this to me?
can anyone help?
any advice?
2006-08-29 00:58:37 · 15 answers · asked by me 5 in Social Science ➔ Sociology
1. no i have never been convicted or even suspected for fraud
2. i did ask the bank and they said that they dont have to give a reason
3.i paid off my overdraft the very next week with charges
2006-08-29 01:12:47 · update #1
my friend went through the same thing she told them that she had just had a baby and obviously couldn't get to the bank so they let her off but personally i think you should get a new account hsbc are crap sorry i have an account with them too for 10 years now and they still wont give me any thing other that the stupid cash card Nationwide are a brilliant bank building account go with them and tell hsbc where to stick there account
2006-08-29 01:34:32 · answer #1 · answered by private 2 · 0⤊ 0⤋
Hsbc Closed My Account
2016-11-11 05:57:13 · answer #2 · answered by Anonymous · 0⤊ 0⤋
That doesn't seem right at all, are you sure you haven't done other things with your account that aren't allowed (not that I can think what they might be). Going overdrawn once shouldn't mean an account being closed.
You need to urgently contact your branch and speak to someone senior to find out what it happening. I imagine that banks can close accounts at their discretion (as the Ombudsman said) but they need to give you a valid reason - are you 100% sure they haven't done so?
Good luck - and once this is sorted don't bank with them again.
2006-08-29 01:14:51 · answer #3 · answered by peggy*moo 5 · 0⤊ 1⤋
That doesn't seem right? How quickly did you rectify the fact you were overdrawn? Did you pay the bank charge?
HSBC are very good at handing charges out and not the best bank. Put it in writing that you want a reason.
Then the best thing you can do is find another bank xx
2006-08-29 01:06:57 · answer #4 · answered by Anonymous · 1⤊ 1⤋
It doesn't suprise me that they won't tell you but you need to know if you are going to get an account elsewhere what the issues were.
I'd get in touch with experian or equifax to ask for a copy of your credit file to see what might be causing the concern (The £2 option) . You may find that an error on your file is to blame and can then rectify it and go back to the HSBC for an apology,.
2006-08-29 01:09:16 · answer #5 · answered by 'Dr Greene' 7 · 0⤊ 0⤋
Go and empty your account, tell them to f*ck off and open an account at another bank. When you start investing and getting mortgages etc, it will be the new bank who gets your business. The best revenge is to be successful financially with a new bank.
2006-08-29 01:17:17 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Cos you went overdrawn - that's why. If you read the small print in the contract, it'll tell you the same reason.
Banks don't like you being overdrawn especially as you've only had the account a short while. Maybe after a year but not 4 months. They obviously think that you are not a respectable customer for this account.
2006-08-29 01:01:30 · answer #7 · answered by Dragon Empress 6 · 2⤊ 3⤋
Very strange, Seems mighty peculiar as they allow my son to constantly overdraw and just love to send him huge bills for the charges, so I would not have thought they would close your account for for one overdraft occurrence, I would have thought it would have to be something serious to do this i.e. fraud or similar, keep on asking them and assure them you do know of any reason why they would do this, you never know it might be a mistake.
2006-08-29 01:11:40 · answer #8 · answered by Anonymous · 1⤊ 1⤋
sounds strange, i go overdrawn all the time, they just charge me money.
As they wont give a reason it sounds like they have reason to be suspicious of you, have you ever been convicted of fraud?
they may be gettin you confused with someone else, try to seewttalk them into telling you why
2006-08-29 01:08:19 · answer #9 · answered by Anonymous · 0⤊ 0⤋
banks are in business to make money , If it cost them more money to keep your account open then the amount of money you have in the account, they will close it. Heres the Good news, banks and bankers are a dime a dozon, shop around for a better bank to do business with, dont feel bad about it.
2006-08-29 01:15:10 · answer #10 · answered by zerd12000 3 · 0⤊ 2⤋