HSBC HELL! I wont ever bank with them again.

OMEGA3

This last 6 months we have lost everything and become desperate and angry with our country and government. Both my partner and I have lost our jobs and business.

Having paid all our debts I (I thought) and closing the business (I thought) we put it all behind us. This was well over six months ago.

Then last week HSBC who I had used for a business account contacted me with a statement of my old bank account stating that I owed them £8.95 interest per day for six months. The worst thing was I was 5p overdrawn.

So having banked with them for over 9 years and never having a problem they turned on me like a vulture and demanded that I pay them over £1500.00 on just 5 pence!

Nobody in customer services would help and they would not freeze the account. So I had to pay the full amount otherwise they would just keep charging £8.95 per day.

I believe they border on criminals using and abusing common sense to thieve from the common people.

So angry about this I started to read up on who owns the banks and why they treat us like this and I am disgusted and angry to find that we do not own any banks they are all privately owned... The bank of England is owned by a German family called Rothchilds who changed their name from Bower. They have owned and run the banking system including the USA Federal Reserve since banking systems began yet we the people are mislead to believe that the country and people own them which is dishonest and misleading.

So what we are seeing with these so called government bank buy outs or large TAX payer stakes are a joke and insult to us all. The Bank of England like the Federal Reserve set interest rates not we the people or our governemts!!!

I just listened to this YouTube video which some guy is interviewing an America called Eustace Mullins. It goes on to say this guy is the only person to write a factual book on own owns the Federal Reserve in the USA. So I then started to do some more investigating and found that our own bank also does not belong to us or our country. The Bank of England is owned by a German family called Rothchilds

Eustace Mullins
http://www.youtube.com/watch?v=yX02BnU65bc
Rothchilds
http://www.youtube.com/watch?v=a8wOEnBHNl4

We are being take for a long ride!

epsilondraconis

Personally I would have just gone down the local HSBC branch and sat there until it was all resolved. Assuming it was only 5p over drawn, I would have offered £100-£200 for admin charges.

I personally have found HSBC to be great during the years I have banked with them; however fortunately my account has never gone overdrawn and so I don't know of what they are capable.

bluestars

im hoping you may be able to help me, i have followed you from last year, trying to claim back my bank charges. Thankfully last week Ulster bank offered me a goodwill gesture of £1304, the problem is my account with them is frozen and i have a new account else were. I owe money to Ulster bank but have set up a d/d to pay this back, but after talking to them i am told any money they pay me back will just come of what i owe. When i went into finicial difficulty last september the C C C S told to pay priority bills first, so can Ulster bank do this on me? i have more pressing bills to worry about. I have asked them to concider this but as yet i have not heard back from them! Gratefully yours Blue x:beer:

OMEGA3

epsilondraconis wrote: »

Personally I would have just gone down the local HSBC branch and sat there until it was all resolved. Assuming it was only 5p over drawn, I would have offered £100-£200 for admin charges.

I personally have found HSBC to be great during the years I have banked with them; however fortunately my account has never gone overdrawn and so I don't know of what they are capable.

Sorry I don’t want to sound like this is new to me. I have been in customer services and have had the bank account for 9 years. In that time I have had many dealings with my local branch and they have been reasonable.



However perhaps I have not made it clear. I went down to my local branch 5 times and they said there is nothing they can do I offered to pay half and they said no the full amount was needed. I asked to speak with my branch manager and they said he couldn’t not get involved and gave me a central phone number and suggested they could help. Exactly the same happened but this time I was reminded in a 55 minute telephone call that the change would accumulate daily - they said I could appeal but the chances of getting a gesture of good will were very short.

Maybe your matter was a trivial matter or maybe you had savings in your account. In this matter I was closing the account or had closed it. The would nto help period both a branch level and over the phone.

So if you are closing or have closed an account this is what to expect.

Rather than hearing from someone who wants to pamper HSBC could someone please post their experience in a similar situation and what you did?

fiendishly

I wouldn't normally advise this, but go to the press (daily mail!)
I think this is just the sort of story they would like, the 5p thing defies common sense. It would embarrass the bank enormously, and it is a story, as the amount is so small.
A similar thing happened to me many years ago with my poll tax (remember that?!) I wrote a cheque for (say) £100.01 when it should have been £100.02.
I was hounded for a long time for the penny, as I moved away before I realised I had even made a mistake.

jay3_2

I can't offer much advice regarding HSBC's seemingly exorbitant and disproportionate fees, except perhaps contacting one of the financial journalists in the national press - they deal with this type of case, and seem to get results.

Regarding ownership of UK banks: frankly I'm astounded that anyone would have assumed they were publicly owned in the first place. Until recently, the majority were fully owned by private shareholders (such as me). As for the Bank of England, you seem to be confused here. Certainly it sets interest rate policy, but only because the UK Government directed it to (with specific economic objectives) in 1997. This policy could change at any time the government decides.

As for the taxpayer stakes in certain banks, had this not occurred, there was a significant risk of the entire UK banking sector collapsing, with dire consequences for us all. If you take the case of Northern Rock, over half of the UK taxpayers' loan has already been repaid, and we have benefitted from interest on the loans in the meantime. Also, do not forget that most banks and building societies have not received a penny from us in prop-up loans.

Personally, I think that our banks take far too much flak anyway (sorry Martin!)- I've been a Lloyds customer for 25 years, and have received excellent service in that time (and I've never paid a penny for it either because I manage my money in such a way as to avoid that happening - it really isn't that difficult). And please don't take this to mean I'm having a dig at your predicament - from the facts you have set out in your case, HSBC appears to be way out of line.

salinia

Bbc Watchdog Enjoys This Kind Of Story, Check Out The Website.

OMEGA3

jay3 wrote: »

I can't offer much advice regarding HSBC's seemingly exorbitant and disproportionate fees, except perhaps contacting one of the financial journalists in the national press - they deal with this type of case, and seem to get results.

Regarding ownership of UK banks: frankly I'm astounded that anyone would have assumed they were publicly owned in the first place. Until recently, the majority were fully owned by private shareholders (such as me). As for the Bank of England, you seem to be confused here. Certainly it sets interest rate policy, but only because the UK Government directed it to (with specific economic objectives) in 1997. This policy could change at any time the government decides.

As for the taxpayer stakes in certain banks, had this not occurred, there was a significant risk of the entire UK banking sector collapsing, with dire consequences for us all. If you take the case of Northern Rock, over half of the UK taxpayers' loan has already been repaid, and we have benefitted from interest on the loans in the meantime. Also, do not forget that most banks and building societies have not received a penny from us in prop-up loans.

Personally, I think that our banks take far too much flak anyway (sorry Martin!)- I've been a Lloyds customer for 25 years, and have received excellent service in that time (and I've never paid a penny for it either because I manage my money in such a way as to avoid that happening - it really isn't that difficult). And please don't take this to mean I'm having a dig at your predicament - from the facts you have set out in your case, HSBC appears to be way out of line.

Jay you are incorrect.

Look the USA fed is privately owned by a group of businessmen:
This legal case ruled on it: Lewis v. United States, 680 F.2d 1239 (1982)

Regarding the Bank of England... Please let’s not get confused here... I merely state that it is not owned or run by the state but by a private group who also control, amongst other banks, the Federal Reserve central bank of America.



What you seem to be missing here is that both are owned by the same people... Rothschild empire! The ownership of these huge banking channels are funnelled into other dummy companies giving one the slip however if you do your homework you clearly can see that The Rockefellers, JP Morgans, Warburgs are merely stakeholders and that the worlds biggest banking empires are owned and run by a group of private individuals. This is pure corruption and dishonest... calling a bank after its country and being privately owned is very wrong sorry you don’t see this or agree with it. On top of this try to see the bigger picture... if we the people do not own our money supply who does? Now with this in mind you know that they have not got our best intrests and never will.

Sorry if you are shocked that I a mere layperson did not know that the people do not know who owns a bank which claims to be for and of its people. The Bank of England is a lie it should be called: The Bank of England owned by The Rothschilds formally The Bowers & Co.

From the moment we are born and sent up the canal it is drummed into us about rights and wrongs yet this is one of the most dishonest things I have come across.

Let’s be clear... the Government do NOT set interest rates the privately owned Bank of England do! AKA The Rothschilds clan do!!!

This chart shows who onws the Bank of England with Nathan Mayer Rothschild (16 September 1777 – 28 July 1836) at the top! You have no idea who owns or runs what - you only know what they have allowed you to know!

N.M. Rothschild , London - Bank of England
______________________________________
| |
| J. Henry Schroder

| Banking | Corp.
| |
Brown, Shipley - Morgan Grenfell - Lazard - |
& Company & Company Brothers |
| | | |

---

|

---

| | |
| | | | | |
Alex Brown - Brown Bros. - Lord Mantagu - Morgan et Cie -- Lazard ---|
& Son | Harriman Norman | Paris Bros |
| | / | N.Y. |
| | | | | |
| Governor, Bank | J.P. Morgan Co -- Lazard ---|
| of England / N.Y. Morgan Freres |
| 1924-1938 / Guaranty Co. Paris |
| / Morgan Stanley Co. | /
| / | \Schroder Bank
| / | Hamburg/Berlin
| / Drexel & Company /
| / Philadelphia /
| / /
| / Lord Airlie
| / /
| / M. M. Warburg Chmn J. Henry Schroder
| | Hamburg

---

marr. Virginia F. Ryan
| | | grand-daughter of Otto
| | | Kahn of Kuhn Loeb Co.
| | |
| | |
Lehman Brothers N.Y

---

Kuhn Loeb Co. N. Y.
| |

---

µ
| | | |
8
| | | |
Lehman Brothers - Mont. Alabama Solomon Loeb Abraham Kuhn
| | __|______________________|_________
Lehman-Stern, New Orleans Jacob Schiff/Theresa Loeb Nina Loeb/Paul Warburg

---

| | |
| | Mortimer Schiff James Paul Warburg
_____________|_______________/ |
| | | | |
Mayer Lehman | Emmanuel Lehman \
| | | \
Herbert Lehman Irving Lehman \
| | | \
Arthur Lehman \ Phillip Lehman John Schiff/Edith Brevoort Baker
/ | Present Chairman Lehman Bros
/ Robert Owen Lehman Kuhn Loeb - Granddaughter of
/ | George F. Baker
| / |
| / |
| / Lehman Bros Kuhn Loeb (1980)
| / |
| / Thomas Fortune Ryan
| | |
| | |
Federal Reserve Bank Of New York |
|||||||| |
______National City Bank N. Y. |
| | |
| National Bank of Commerce N.Y ---|
| | \
| Hanover National Bank N.Y. \
-|

---

|

---

\
--|--Chase National Bank N.Y.

---

\
--|

---

|
--|

---

|
Shareholders - National City Bank - N.Y.---|

---

|
--|

---

/
James Stillman

---

/
Elsie m. William Rockefeller

---

/
Isabel m. Percy Rockefeller

---

/
William Rockefeller

---

Shareholders - National Bank of Commerce N. Y.
J. P. Morgan

---

M.T. Pyne

---

Equitable Life - J.P. Morgan
Percy Pyne

---

Mutual Life - J.P. Morgan
J.W. Sterling

---

H.P. Davison - J. P. Morgan
NY Trust/NY Edison

---

Mary W. Harriman
Shearman & Sterling

---

A.D. Jiullard - North British Merc. Insurance
|

---

Jacob Schiff
|

---

Thomas F. Ryan
|

---

Paul Warburg
|

---

Levi P. Morton - Guaranty Trust - J. P. Morgan
|

---

|

---

Shareholders - First National Bank of N.Y.

---

J.P. Morgan
George F. Baker
George F. Baker Jr.
Edith Brevoort Baker
US Congress - 1946-64
|
|
|
|
|
Shareholders - Hanover National Bank N.Y.

---

James Stillman
William Rockefeller
|
|
|
|
|
Shareholders - Chase National Bank N.Y.

---

George F. Baker

jay3_2

Let's be clear about this - until 1997 HM Government set interest rates directly. At that point, they handed over responsibility to the Bank Of England, but be under no illusions that control over economic policy remains with the government and therefore us ordinary bods. If the government wanted the Base rate to be raised to 10% tomorrow, believe me, it would be. If inflation falls outside stringent targets set by the government, then the B Of E's governor must write to the Chancellor to explain why.

Whether the B Of E is nominally "owned" by a wealthy family or not is irrelevant. You seem to be trying to make out this is some kind of global conspiracy. The gold in the B Of E's vaults belongs to the UK government (us), not the Rothschilds. In 1992, the government spent vast amounts of our reserves trying in vain to prop up sterling. If there is some big conspiracy, and I'm just having the wool pulled over my eyes, why would any rich family effectively give this wealth away to the likes of Mr Soros? Or perhaps you think he's involved as well?? Who do you think backs up the promise "to pay the bearer" on every banknote issued in England? The Rothschild family? The B Of E acts on behalf of the government, it really is that simple.

By the way, who owns the Bank Of Scotland? ;-)

jay3_2

From the B Of E's website

"...the Bank was founded in 1694, nationalised on 1 March 1946, and gained independence in 1997"

OMEGA3

jay3 wrote: »

From the B Of E's website

"...the Bank was founded in 1694, nationalised on 1 March 1946, and gained independence in 1997"

Jay I don't work for the banking thieves... I didn’t create this credit crises and screw up the UK economy! A bunch of greedy banks like HSBC did!!!

I have employed over 20 people in the past and last year HSBC have made my life hell. Like I said I am not a broker or involved in the financial industry just an SME for the last 15 years and HSBC this last year have been nothing more than dishonest so please don't come here and tell me your experience with them is fine when we all know you either work for them or broker for them in some way! I am looking for a solution not fan boy response.

Next you will be telling me that Greenspan and Bernanke were really the governors of the Federal Reserve! There is a tale about sheep somewhere in all this... Of course Bernanke is a puppet please don’t waste your time in responding it was a joke! On a serious note you must look at the real history of the Rothchilds before copy and pasting, like a sheep, the Bank of England garbage!

Listen folks make up your own mind and do your own research there are way to many baa baa men on the planet....

Latest news in tonight... HSBC are ripping off all small business that hold an account with them because HSBC have lost billions due to greedy bankers and need to rip off more customers to pay for their own mess!

Just watched PANORAMA tonight and the message was very very clear HSBC are being very very very dishonest and doubling their changes to all SMEs! I am so glad that they are being exposed.