HSBC Bounce back loan

louloulewis64

Yes, the loan agreement is there but it has to be processed, once it has been “set up” on the system is can take up to 48 hours to appear in my account. Considering I signed the application last Saturday it’s pretty slow.

lisastevo

will8509 said:

lisastevo said:

I’ve just checked my account and the funds have just been deposited.

Timeline -
Application - May 4th
Echo Sign Email received, signed and returned - May 13th
Funds received - Today, May 14th

Hope that gives people an idea.

I signed on the 12th , no funds as of yet

Are you waiting for an account to be opened or do you have an HSBC business or personal account already? I already have an HSBC personal account 

will8509

lisastevo said:

will8509 said:

lisastevo said:

I’ve just checked my account and the funds have just been deposited.

Timeline -
Application - May 4th
Echo Sign Email received, signed and returned - May 13th
Funds received - Today, May 14th

Hope that gives people an idea.

I signed on the 12th , no funds as of yet

Are you waiting for an account to be opened or do you have an HSBC business or personal account already? I already have an HSBC personal account 

I already have an HSBC business account 👍

SRB1609

Hello all, I have read all the posts but still confused. I applied on the 7th May, had a copy of the PDF loan form that I signed immediately on the Website but no email notification or anything from HSBC. Is it just a waiting game?

SRB1609

Has anyone actually heard if anyone has been declined?

willowthewisp2009

SRB1609 unfortunately yes. If it’s the same timescale as our application you should get the email from echo to sign your agreement on sat. We also signed the application, so it is a second document your have to sign.  We submitted ours on 4th and got the echo email on 13th.

willowthewisp2009

When I said ‘unfortunately yes’that was in response to the waiting game comment. Not about people being declined! Not heard of anyone declined so far. 

beautician777

Hi All - monies received into business account this morning.  Signed and returned Echo sign on Monday morning so hopefully all who are still waiting will hear something soon

markohall

Hi All, I applied on Monday 4th at 10am, didn’t receive any confirmation email however I received my application ID (I’m a HSBC business account holder for 7 years).

As I hadn’t received anything I applied again last night and entered the incorrect sort code by mistake so applied for the third time straight after I noticed the error. 

Wish me luck with this one, needless to say HBSC have been terrible at keeping customers informed of the status, really unhappy with their service. 

mpjw1989

Got sent the auto sign form yesterday, only then realised it had an odd account number (after signing and sending back) aged ten years in three hours thinking the funds were going to someone else until I finally got through in the phone and said it was the forwarding account number it something like that. Anyway got the new email this morning with correct details and signed and returned. Feel like I’m refreshing account every 5 mins.....