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Hsbc bounce back loans

Hi all, im a little confused, i bank with halifax so was unable to just apply with them so applied to opem a feeder account with hsbc on 1st july, finally opened on 13th August applied for bbl immediatly, today i signed my acceptance paper work now im just wondering how long i will wait for funds to arrive and will they go into my feeder account?? If so how do i get the money from there into an account i can use?? Thanks 

Comments

  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's unpredictable. Mine took about a week after signing, some have reported much longer delays.
    No, they send it on from the feeder a/c to your nominated bank a/c, no need to transfer it yourself.
    No free lunch, and no free laptop ;)
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