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Approved Feeder. No Ecosign...
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MarkB1990
Posts: 4 Newbie

Little help please, from anyone else who has been in a similar position.
Applied for feeder account With HSBC as I use an online bank, this has taken around 9-10 weeks to be accepted etc. I filled out the bounce back loan application 7 days ago After receiving the 4 green ticks and called Hsbc yesterday to chase up and got the usual “sorry it’s taking so long” Etc but I need to be patient to wait for ecosign and it shouldn’t be too long.
From peoples experience, how long until I receive my ecosign & how long from that point until the funds are physically mine and in my own company account? Also, has anybody got this far and been accepted for a feeder account then been declined a BBL? I’m at the point now where all my eggs are in this one basket and I’m not getting much back from Hsbc and it’s simply a waiting game.
Any additional info/time frames would be much appreciated so I can try and plan accordingly ladies & gents.
Thanks
0
Comments
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If you've been approved for the feeder account, you should have no issues getting the BBL (apart from the time it takes)1
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Thanks for the heads-up.0
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