HSBC Advance bank account:What happens if I failed to meet monthly pay in requirement

ceredigion

£10500 just before you go to India. Then two months grace and all is well

18cc

Yes the above is right it is £1750 a month alternatively 10500 which will tide you over for a six-month period. You can pay this in and out the same day if you want to.

becbecm

On the back of this topic, I have just opened an Advance account as well (long story short I do not earn the required amount of £1750 however it was opened anyway, I have banked with HSBC all my life and they are changing my current account to the Advance one) so I am right in thinking that I can just for example I have roughly say £1560 going in a month I can just withdraw the amount thats missing from the £1750 and that will be okay as its me depositing £1750 a month?

Please advise on my options as I am desperate to keep this account

badger09

becbecm wrote: »

On the back of this topic, I have just opened an Advance account as well (long story short I do not earn the required amount of £1750 however it was opened anyway, I have banked with HSBC all my life and they are changing my current account to the Advance one) so I am right in thinking that I can just for example I have roughly say £1560 going in a month I can just withdraw the amount thats missing from the £1750 and that will be okay as its me depositing £1750 a month?

Please advise on my options as I am desperate to keep this account

Yes you can do that

18cc

All you have to do is pay in 1750 each month. It doesn't have to be all at the same time or from the same source. Once it is in the account you can do what you want with it - leave it in there or withdraw some or all of it - whatever you want.