Handelsbanken AB (UK) latest details

arthur2

I saw an article recently, and was prompted to ask about opening an account. They have a branch only 6 miles from me.

Staff very helpful, but website less so. In particular it does not make it clear that they charge £50/month for a standalone current account. Wife & I have investments of £360K plus pension scheme around £160K, but do not want to move these.

I currently pay just £2/month for a Reward Current a/c with Child & Co (RBS posh brand). Also have free accounts with Nationwide and TSB paying 5% and other benefits elsewhere.

HB appears to be very much a "Private" Bank, which I do not need, and I have abandoned any move to it.

agrinnall

There doesn't seem to be anything about the charge to run an account on their website, and I think the reason is that each customer has an individual tariff of charges. I think the branch staff that you spoke to should have made it clear that there would be charges, even if they couldn't say how much, but unless you have a need for the facilities Handelsbanken offer then I can't see much point for a normal retail banking customer.

Crystal_Pixie

I use Handelsbanken as my main wage account. I don't pay £50 a month though!

I like them because all decisions are made in house by the bank manager and the charge card has a very good rate if you use it overseas.

They are an old school bank - when we remortgaged with them it take a bit of time to do. However, I can say their customer service is excellent.

Psyduck1980

Is the OP a humble brag?

System

Psyduck1980 wrote: »

Is the OP a humble brag?

No, just another hard up Baby Boomer

starM

Hi,

Is there an income requirements to open this acxoung? and howbeqsy it is to open up an account?

Thanks

SlovakianGuy

Crystal_Pixie wrote: »

I use Handelsbanken as my main wage account. I don't pay £50 a month though!

Then how much do you pay? If it's not a secret.


I once asked them if they charge a monthly fee and they said I need to visit my nearest branch and speak to them.

Chino

SlovakianGuy wrote: »

Then how much

Why are you responding to a post from well over a year ago in a thread that is otherwise dead?

JGUK

I'll throw in the charge sheet from the website as the thread has been revived;

https://www.handelsbanken.co.uk/shb/inet/icentrb.nsf/vlookuppics/handelsbankenrb_aboutthegroup_current_account_fee_information_document_apr19/$file/handelsbanken_current_account_fee_information_document.pdf

Looks like a fee of up to £50 - could be all the way down to £0 by that reading!

SlovakianGuy

Chino wrote: »

Why are you responding to a post from well over a year ago in a thread that is otherwise dead?

Because I was interested but didn't want to create a new thread about HB if I can use an existing thread. After all, a year old thread is not so old.