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Want to Close Business Bank Account

Hi All
I have a business bank account with hsbc that I would like to close in the near future, I was wondering if there's anything I need to watch out for or charges that they may put my way. I don't want to talk to them yet in case they 'persuade' me to do something else, so I just want to be ready. I can't find anything online (yet) and I couldn't find a business related post on this site, so hopefully I'm in the right place.

I'm part self employed/part employed and might be going full time (with current employer), and will cease being self employed.

I will obviously wait until I've informed the tax office and paid any tax due before I do anything with the account.

Ideally I'd like to transfer it to my current account with them - which means they still get to keep my money...which I'm hoping would make things easier?

Any advice would be greatly appreciated, Thanks!:)

Comments

  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Just write a letter to them.
    If there are any charges to pay they should form part of your account package - no nasty surprises.
    There should be no problem at all moving any surplus from your business to private banking account.
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