Thursday 7 July 2011

Things to avoid - HSBC bank

Things to avoid

Why???

They are deeply –ve towards their business customers, and act arrogantly and unilaterally. You will get all your business set up, and come in one day find all your accounts frozen without any communication from them or discussion – either before or after.

Or say you used them for credit card processing, you might come in one day and find they had unilaterally closed your facility without any reason “because we called on you and there was no one there”. This is craaaazy, use PlayPal always as they are much more reliable.

They even steal money from one of your companies to settle the debt of another un-related company, and deny it’s stealing.They operate a single-judge convicting system (Dave Shaw in London heads the team), and the accused person is not even allowed to be present at the trial to hear the (trumped up) evidence against them, and is sentenced in his absence. They could teach a few despots how to run their fiefdoms.