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Old 6th July 2015, 09:55   #1 (permalink)
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Closing bank accounts HSBC

Does anyone know what the rules for closing accounts with HSBC are, I am wondering specifically do they require notice of closing an account? Thanks
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Old 6th July 2015, 10:23   #2 (permalink)
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Re: Closing bank accounts HSBC

When we closed our accounts with HSBC we simply withdrew all our money.
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Old 6th July 2015, 10:36   #3 (permalink)
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Re: Closing bank accounts HSBC

Yes I agree with Harem. I don't know about HSBC but most Turkish banks won't actually let you close an account. It just seems to remain in limbo. Take the money and run!
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Old 6th July 2015, 12:34   #4 (permalink)
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Re: Closing bank accounts HSBC

I closed our HSBC account today and they helped me carry out an IBAN transfer to our new bank, at no charge. They could not have been more helpful.
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Old 6th July 2015, 12:56   #5 (permalink)
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Re: Closing bank accounts HSBC

Because of HSBC changing hands, we were thinking of changing banks.
Does the new bank help you transfer your money?
And does anyone recommend one in Didim with some english speaking staff?
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Old 6th July 2015, 13:09   #6 (permalink)
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Re: Closing bank accounts HSBC

We closed our HSBC accounts with no bother at all [last year]
I would not recommend abandoning accounts, they could accrue charges you wouldn't be aware of.
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Old 6th July 2015, 13:23   #7 (permalink)
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Re: Closing bank accounts HSBC

The thing to do 'no matter in which country' is first remove any funds from the account', then ask or close the account or at least make sure there is not going to be any 'maintenance charges' on the account.

'Not so relevant to Turkey, but just the same'
Many years ago a Barclay's Bank employee told me they charged to close a account if there were funds in the account as with closing statement cost, but no charge if it was empty.
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Old 6th July 2015, 13:55   #8 (permalink)
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Re: Closing bank accounts HSBC

Does a new bank help you transfer your money?

Thanks.
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Old 6th July 2015, 14:13   #9 (permalink)
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Re: Closing bank accounts HSBC

Quote:
Originally Posted by mollag View Post
We closed our HSBC accounts with no bother at all [last year]
I would not recommend abandoning accounts, they could accrue charges you wouldn't be aware of.
agree with this - I had to sign something to say I was closing the account and they gave me a copy ........
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Old 6th July 2015, 14:28   #10 (permalink)
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Re: Closing bank accounts HSBC

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Originally Posted by beachhhhhhh View Post
Does a new bank help you transfer your money?

Thanks.
Yes, any bank will complete the transfer request, but that does not mean there might not be any charges, so again, you need to ask, at least that way it's not so much of a shock when you see the charge.
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