switching home branch for Current Account

happyguy82

Hello all,

Does anyone here know the process for switching home branches for HSBC and TSB? I would like to have a new sort-code that comes from my local branch instead.

Is this possible and what is the process?

Would I have to close my existing accounts first?

Thanks.

Super_Whiskey

Most banks operate under a 'any branch is your home branch' policy. There's not really anything you'd have to go to your 'home' branch for specifically.

Saying that, if you did want to switch it, most likely you'll have to open up a new account and close the existing ones.

happyguy82

Super_Whiskey wrote: »

Most banks operate under a 'any branch is your home branch' policy. There's not really anything you'd have to go to your 'home' branch for specifically.

Saying that, if you did want to switch it, most likely you'll have to open up a new account and close the existing ones.

Thank you. Just out of interest, do banks make the applicants wait a certain period of time before they can re-open a new account? I know they do that with credit card applications and one can't apply again for 18 months or something like that.


Thanks.

jonesMUFCforever

Not if you want an account and not just any incentive.

The problem will be is that they will link their old file about you to your new one which could mean they issue you with same sort code.

Doesn't it seem to you to be a waste of time?

boo_star

Super_Whiskey wrote: »

Most banks operate under a 'any branch is your home branch' policy. There's not really anything you'd have to go to your 'home' branch for specifically.

Saying that, if you did want to switch it, most likely you'll have to open up a new account and close the existing ones.

In my experience (with RBS) this is true.

When I asked about switching branches they wanted me to open a new account in the local branch and switch the old one over.

I didn't bother.

stclair

boo_star wrote: »

In my experience (with RBS) this is true.

When I asked about switching branches they wanted me to open a new account in the local branch and switch the old one over.

I didn't bother.

They may happened many moons ago however it's all centralised now.

boo_star

stclair wrote: »

They may happened many moons ago however it's all centralised now.

It was only about 10 years ago.

I suppose we've had many moons since then.

Eco_Miser

If you go into your new local branch and ask, they can probably arrange the changeover for you. It will still be opening a new account and switching the old one though.

jimjames

happyguy82 wrote: »

Hello all,

Does anyone here know the process for switching home branches for HSBC and TSB? I would like to have a new sort-code that comes from my local branch instead.

Can you explain what you are aiming to achieve by this?