We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
HSBC money laundering
jel31
Posts: 5 Forumite
Here is what I would love to do:
Tell HSBC I am moving my current account elsewhere because of their unethical behaviour.
Unfortunately, I am about £1,000 overdrawn.
If I took a stand & said I was willing to pay off the overdraught at £1 a month (with no interest), I wonder what would happen?
Tell HSBC I am moving my current account elsewhere because of their unethical behaviour.
Unfortunately, I am about £1,000 overdrawn.
If I took a stand & said I was willing to pay off the overdraught at £1 a month (with no interest), I wonder what would happen?
0
Comments
-
What are you on about...0
-
Can't post a link but it's all over the news0
-
HSBC have been found guilty of money laundering in the USA.
"HSBC provided a conduit for "drug kingpins and rogue nations", according to a US Senate committee investigating money laundering claims at the bank.
Its report said suspicious funds from countries including Mexico, Iran and Syria had passed through the bank."
From BBC NEWS website, 17/07/2012
Another day, another bank scandal...DFW'er - Lightbulb moment : 31st July 2009 - £18,499
28th October 2019 - £13,505 - 27% paid off.
Demolishing my House of Debt.. one brick at a time!!
Thinking of spending???..YNAB says "NO!!!!"0 -
I'm disappointed that as customer of theirs I was never informed of this service.
I've been cleaning my coins and dirty, crinkled notes by hand all these years. This is everybody's fault but mine.0 -
Ah-hah!
You could just take a leaf out their book and appropriate some ill gotten gains in order to top your overdraft off.0 -
You require a bank licence before you are allowed any money laundering0
-
Here is what I would love to do:
Tell HSBC I am moving my current account elsewhere because of their unethical behaviour.
Unfortunately, I am about £1,000 overdrawn.
If I took a stand & said I was willing to pay off the overdraught at £1 a month (with no interest), I wonder what would happen?
Ask them. If you aren't bothered about your credit file for the next 6 years, go for it.
But do your homework before choosing another account, do you really think all banks are squeaky clean ?0 -
Here is what I would love to do:
Tell HSBC I am moving my current account elsewhere because of their unethical behaviour.
Unfortunately, I am about £1,000 overdrawn.
If I took a stand & said I was willing to pay off the overdraught at £1 a month (with no interest), I wonder what would happen?
they could just refuse that and call in your whole overdraft.0 -
So the credit crunch in 2008 didnt impact Barclays and HSBC too badly.... 2012 aint looking so hot for them though0
-
So, indignant letter has been sent.
Looking forward to the reply (if there is one of course...)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards