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

Naughtynat
Posts: 195 Forumite


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

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Comments
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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.0 -
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
Sunil0 -
Yeh mine has crapp Student A/C next too it. I want Student A/C Advance meh!0
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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 far0
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