Hsbc account restricted

[Vohogis764]

Hello
I had a very good relationship as a Hsbc Premier client, but recently, they started asking me for a lot of papers, which I provided again and again. I have withdrawn my money for safety. I don't have any mortgages or debts in the bank.
I guess I'm not welcome anymore. For now, the account is restricted to deposit and withdraw.

Question:
Is it better to close the account on my own, like: "According to Terms and Conditions, I kindly ask to terminate my relationship with HSBC and close my account?".
 Or
Wait until they will close my account because they consider documents to be not enough?

 

[SCHLOSSFINANZ]

It is always better to close your account and not get closed lol.

 

[Martin Everson]

I guess I'm not welcome anymore.

Welcome to HSBC..lol. Did you look at trustpilot or Youtube before using them?

HSBC relationships always starts of great with them and then end up being a messy divorce. In my case I was of no economic value to them as I used none of their services not even fixed deposits and they no longer liked where I lived.

For now, the account is restricted to deposit and withdraw.

Wise decision.

Is it better to close the account on my own, like: "According to Terms and Conditions, I kindly ask to terminate my relationship with HSBC and close my account?".

Trust your instincts and just close it to keep your dignity while you still can.

 

[JackAlabama]

Hello
I had a very good relationship as a Hsbc Premier client, but recently, they started asking me for a lot of papers, which I provided again and again. I have withdrawn my money for safety. I don't have any mortgages or debts in the bank.
I guess I'm not welcome anymore. For now, the account is restricted to deposit and withdraw.

Question:
Is it better to close the account on my own, like: "According to Terms and Conditions, I kindly ask to terminate my relationship with HSBC and close my account?".
 Or
Wait until they will close my account because they consider documents to be not enough?

well fair enough, if you still have these options you might will wanna use these again (with small amounts).
i now always wait and dont bother closing myself.

I have become like that because I tried to close multiple accounts and many just play full blown dumb and dont not want to close unless I travel across to world to visit their precious branch.
Can you believe that? With one bank I had 30 emails and 3 phone calls and the account is still open today. It seems I cant close it by digital means. I wonder what I have to do, maybe I should ask for getting some scam money from somewhere. Then they might close my account.
I dont wanna name the bank here but its quite a popular one. Not hsbc tho but not far behind either.

Do they charge you monthly fees? Its seems as long as they do this, they keep the account open

 

[EliasIT]

Ouch, I wasn't aware of HSBC is that bad. Is it world wide or only selected branches from some areas of the world ?

Let them close your account, don't bother with it, it can indeed be a pain!

 

[polonieth]

I would close it, they only like working with Mexican Drug Cartels.