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HSBC Bounce back loan

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  • Danrover82
    Danrover82 Posts: 75 Forumite
    10 Posts Name Dropper
    Can the echo doc drop any day and any time? 
  • joe3007
    joe3007 Posts: 12 Forumite
    10 Posts Photogenic
    Mine arrived about 8pm 16th June 
  • DanielleTTT
    DanielleTTT Posts: 15 Forumite
    10 Posts
    Can the echo doc drop any day and any time? 
    joe3007 said:
    Mine arrived about 8pm 16th June 
    Yes my echo doc dropped quite late at night. Not sure if it’s a manual or automated process. Joe3007, how long did it take from signing echo doc to getting the funds in your account? Mines been 2 days and HSBC told me it would only take 2 days max 
  • Danrover82
    Danrover82 Posts: 75 Forumite
    10 Posts Name Dropper
    I applied on Tuesday, called yesterday and told be about 4/5weeks for echo 😔. Then a week for funds.   Hoping that because its escalated to get the Feeder it's not that long.   But where do you see the Feeder account etc  how do u draw down from it.   I have one just can't see it anywhere 🤷‍♂️
  • I’m in the exact same position as you! Signed echodocs with HSBC on 16th. 48hrs has passed. Wonder if it’s 48 working hours?! I’ll post here if I get the funds 
    Some people it seems to be less, others more. Some have waited a week, others have had them next day, I think it just depends on the load on the system and the people who authorise the funds transfer on that particular day. 
  • joe3007
    joe3007 Posts: 12 Forumite
    10 Posts Photogenic
    I'm just coming up to 48 hours, 8pm this evening. I'll report when it lands into my account. 
    Fingers crossed soon! 😊 
  • im coming up to 48hrs at 1900 tonight after signing the agreement but i spoke to hsbc they said it could take longer ....shouldnt moan coz i further ahead than lots but i will be glad to get rid of this stress caused by hsbc 
  • im coming up to 48hrs at 1900 tonight after signing the agreement but i spoke to hsbc they said it could take longer ....shouldnt moan coz i further ahead than lots but i will be glad to get rid of this stress caused by hsbc 
    Yep, same situation- still no funds after 48hrs
  • jjmummy
    jjmummy Posts: 7 Forumite
    First Post First Anniversary
    im coming up to 48hrs at 1900 tonight after signing the agreement but i spoke to hsbc they said it could take longer ....shouldnt moan coz i further ahead than lots but i will be glad to get rid of this stress caused by hsbc 
    Yep, same situation- still no funds after 48hrs
    sames situation- still no funds after 10days. lol
  • paige13_2
    paige13_2 Posts: 30 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    I applied for a business account that was accepted 10 days ago.  I applied for BBL and received the ecosign documents on Tuesday evening. Signed and submitted. No money in my account as today Friday! 
    Can anyone advise if this can be retracted once youve signed the documents? Only asking as if I pay everything off on my credit cards, i dont want to be stuck paying them off with high interest. Thanks in advance for any help.
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