What do the letters CAA mean in relation to a current account?

I have just checked my online banking ( i am with HSBC ) and I have noticed that the letters CAA have magically appeared!! It says BANK A/C CAA

Any ideas what it means?
Competition wins in 2009 - Nothing so far :confused:

Comments

  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Current Account Advance, probably.
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
  • gt94sss2
    gt94sss2 Posts: 5,996 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    CAA means Current Account Advance

    HSBC have scrapped their old bank account and replaced them with either the above account (if you pay in over £500) or a Current Account if you pay in less than £500/month

    They announced this change ages ago but today was 'change over day'

    Regards
    Sunil
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Yeh mine has crapp Student A/C next too it. I want Student A/C Advance meh!
  • Ohhhh, thank gawd for that! I do remember getting a letter about it now.....didnt really take much notice of it to be honist! I went overdrawn today and got a bit panicky that it stood for something like Civil Action Authority!!!! How paranoid am I?!?!

    Thanks guys, I am one little lady who can sleep well tonight!
    Competition wins in 2009 - Nothing so far :confused:
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