Bounce Back Loan as Halifax Personal Account Customer

Mbrolad87

what joke this is 

wingle1202

stratty said:

Try Starling Bank

They are only for Ltd companies I believe 

Smellykelly1981

wingle1202 said:

Smellykelly1981 said:

Just a little update... I eventually got through to HSBC and now i am awaiting a call back which will take 3-5 working days to go through the application.... for the feeder account and the bounce back loan... I will update again with the outcome.

Do you mind me asking what number you have for them I’ve been calling ‭0345 760 6060‬. 

What questions do they ask as I’m doing it on behalf of my husband do you think I can do it without him being here (obviously I’ll make sure he will be here for the call back). Thanks 

Sorry for the late reply I have been busy homeschooling!
Yes that is the number I have been calling... today is the 5th working day I was promised a call back but as of yet nothing.  I am currently trying to get through again!
To make the initial call you wont need your partner with you.  You might already know all this as i have not been online.  Apologies for that again. 

Smellykelly1981

A little update.

Got through to HSBC after 45 mins.... to be told i am in a queue to be called to set up a feeder account.  Couldnt give me a time scale but said as i called on the 5th of May... i should be near the front of the queue.  Will update again when i have more news.

wingle1202

Smellykelly1981 said:

A little update.

Got through to HSBC after 45 mins.... to be told i am in a queue to be called to set up a feeder account.  Couldnt give me a time scale but said as i called on the 5th of May... i should be near the front of the queue.  Will update again when i have more news.

Thanks for the update. They was meant to call today as 5 working days and nothing. I’ll just wait I expect very busy. Keep me updated. Really appreciate it 

onlyfoolsandparking

As a self employed worker (sole trader and ltd companies) for 25+ years and a great advocate of the self employed being the back bone of business why don't people have a business account, I have always had a business bank account, makes accounting so much easier and would certainly eliminate the problems with getting these bounce back loans. 

wingle1202

Smellykelly1981 said:

A little update.

Got through to HSBC after 45 mins.... to be told i am in a queue to be called to set up a feeder account.  Couldnt give me a time scale but said as i called on the 5th of May... i should be near the front of the queue.  Will update again when i have more news.

Any update x

GoodRowan

Smellykelly1981 said:

A little update.

Got through to HSBC after 45 mins.... to be told i am in a queue to be called to set up a feeder account.  Couldnt give me a time scale but said as i called on the 5th of May... i should be near the front of the queue.  Will update again when i have more news.

I applied for a feeder on the 6th. Not heard anything back since, will give it another week before I call them.

harryjames68

Last year i took your advice and opened a Starling account it was a personal account but to open a business account was soo easy just added the business account online. Being eligible for the Business boumce back scheme and still retaining my halifax account

as my mortgage is tied in. Its an unusual set up my mortgage moved from Halifax or RBS to loyds im not sure what happened

Halifax do not do business bank accounts i have a savings one and a current one and my mortgage is Loyds howerver all 3 on their app i have been using my current account for SME banking as im not a big business. I tried applying for business bounce back loan via halifax rediredted to RBS whos site is not working until next week and i am advised its a feeder account. In the interim i applied to Starling not thinking the did it.  I uploaded my SA302 stuff docs and bingo apprved 3 days later money in. Please be advised read how much you can apply for i conservatively put down less but should have went maximum loan amount once its accepted cant be changed..

Go Starling

Jimg0

Im in the same boat with both a Halifax and RBS personal account, as Halifax wern't offering Bounce Back Loans i went the RBS route and follwed their instructions which meant completing a online form to open a Business account which the Bounce Bank Loan would be paid in to, after 3 days ive had a reply   -   'Unfortunately, you aren’t eligible to apply for a RBS account, because your business trading location isn’t within Scotland.

We’ll cancel your current application as it doesn’t fit within our requirements. However, you’ll need to seek alternative banking arrangements. As your business trades within England or Wales, we suggest you look at the business accounts that we can provide through NatWest. Both RBS and NatWest are part of The Royal Bank of Scotland group'.     !!!!!! !