I have taken personal loan A/c no. 101-[protected] from HSBC Bank, Ahmedabad and preclosed with receiving letter from HSBC Bank Recovery Agency, dated 22/06/2009, REF: FFSPILNWOFFAHDHCDEV ENTERPRISE22062009758. I have given the asked amount also, whatever writen on the letter and received the receipt no.PLB2 0555424 of the given money.
Now on 11/07/2009 when i saw my Kotak Mahindra Bank A/c I came to know that Rs.5219/- has been debited through ECS to HSBC bank, which I already closed.
I request you to kindly guide me how to take back my money from HSBC Bank.
I once believed that hsbc was a decent company because of their commercials but all has changed. I just received a hsbc visa platinum credit card, and because of exceptional fees that can be charges, have canceled the card after 2 months of use.
The fees were incurred when setting up automatic payment. although I have used the same account number to set up other accounts for automatic payment (example ford finance), hsbc indicated that the payment was rejected by the bank as an invalid account. I then copy and pasted the account from a bank statement and once again the payment was rejected according to hsbc. I contacted the hsbc card services to confirm what the problem was and their representative said that it appears that the payment went through but to check back in a few days. when I did, I discovered a $35 charge for each of the rejected payment on same account that were used in setting up other automatic payment schedule. when I call hsbc card services about these fees, they said that there were legitimate fees and that nothing could be done because the account number provided was incorrect. this was the same account number that was copied and pasted from the back statement and all that was missing were the prefix "0000" that only their system could not handle, but other system can with ease. I feel that this is an example of credit card companies making a grab for cash from consumers using their product.
Results, I ended up paying $70 in fees for a $24 account balance. never again, and will advise all to stay away from this company and their credit cards. now I see why hsbc has to advertise so much, if I am an example of their treatment.
Ps: I thought that loan sharking was illegal, but this bank is able to charge and annual percentage rate of 35.20% on purchases. to me it makes al capone look like a saint when it comes to business.
I called to make a payment of $900.00 through my checking account and gave the correct account number on the system. Hsbc said it was accepted and they would charged me a $15.00 processing fee. A month later I recived a bill with the payment amount added to my balance where it was never processed plus an additional $29.00 finance charge. When I called the customer service department (which sounded like they were located in another country) they said I gave the correct checking account number, however, two extra numbers were added to my account number of which I did not give them. They now charged me extra fees for their mistake. I have paid off this account with the exception of these additional fees and feel I was unjustly charged this fee of $44.06. They have now charged me an additonal $2.00 finance charge on the $44.06 which is now up to $46.06. I feel that this is a situation that they created illegally to get additional money for their use. I feel that this is a gross injustice and they prey on consumers because we have no other resources available for us to fight against these charges.
A couple of months ago I went traveling around Western Europe. Before I left I personally walked into my nearest HSBC branch and informed them of my travel plans, told them where I was going and that I would be drawing money out from lots of different ATMs as I paid for youth hostels and the like. I asked if it was necessary for me to get a separate account for use abroad but they told me my existing one would be fine.
What was initially a problem was that HSBC do not let you check your balance on ATMs overseas (at least not at any of the ones we tried to) which seems ridiculous because if you were to become overdrawn then no doubt they would put huge charges on you.
Later on I was staying in a relatively isolated Spanish village a good hours drive away from any large urban areas and my bank card refused to take out any more money. I phoned HSBC and after putting me on hold for long enough to listen to 6 different songs (including Stereophonics, Madonna and Justin Timberlake and Sting to be specific) they put me through to a man who told me my card had been cancelled for suspected fraud and erratic spending behaviour.
This was a massive inconvenience to be because I only had access to my HSBC account abroad, but in fairness perhaps I should have had a back up plan or another account to prepare for something like this happening. However, it was less the fact that they cancelled me card without telling me and more that their advisor on the phone told me to wait 5 minutes and he would call me back with advice and then never did. I was shocked by this, because I had told him clearly on the phone that I was stuck somewhere with no money. In actual fact I had a friend with me who could let me borrow some but if that had not been the case then the situation could potentially have been very serious (I am a 22 year old female).
Furthermore when I finally came home and went into a local branch to enquire about my card, the advisor there told me it appeared to be working fine on their computer system and they had no record of it being cancelled. They then refused to let me withdraw any money while waiting for a new card unless I brought in my cheque book.
I would also like to point out that the friend that came with me had an HSBC account but didnt use it abroad because HSBC are particularly expensive to draw money out. He also told them in person that he would not be using his account for a couple months while abroad but then they phoned him up while we were away and told him they were going to close his account in 3 days unless he paid in a minimum of £150. This seemed entirely unreasonable since the lady in the local branch had told him that it would be fine to not use his account for that period of time.
I received several emails from hsbc bank bangkok saying I had won one of the yahoo lotteries for the Asis Pacific regeon I tried to phone the number on the email but kept getting answering service.made me suspicious.Then got email asking for $650USD to enable my win to be sent to me.It was one million american dollars.I am not sendig the money as I have never heard of a lottery that you have to pay to get your win.Ibelieve this to be a scam.am I right in believing this to be a scam F. D. Willows
a manager ben bamarki is supost send me my part payment worth 1, 500, 000, 00
here's my code of conduct (hsbc-121/2009..and he's supost do this for free
transfer number:xxx14146xxc. my password: 007199. relece code: 003352xx. can you find out when they will be sending it two me...sir or mam thank you
I recieved a notify that informs me that I had money transfer in HSBC bank & asked me to send them 1700$ because of British board of internal Revenue
I need your advice plz
Name : ashraf al sayed nawar
the e-mail I recieved from HSBC bank PLC South East london on
5-6-2009 signed by authorizer Donald Hitchcock
I bought an ATV in 2002. I paid if off in March of 2008. I have yet to recieve a title for it. I have called several times and have gotten no where. I guess I will have to take legal action. I have slammed their name every chance i get, and won't do business with anybody that does business with them.
Today we were notified by HSBC that "due to the current economic environment" our credit limit was reduced to $1, 500 on our MasterCard. Today, in response, we paid off the $500 low interest rate balance and filed the card away. HSBC issues the private label Union Plus MasterCard which my husband and I have jointly owned since August 1988. Over the years, due to our impeccable credit history and never by our solicitation, the limit has been increased to $12, 000. We still have impeccable credit, paying our balances in 30 days, paying far more than the minimum payment on this low interest rate balance, are never late on payments and have minimal utilization of credit limits. This is how we have handled our credit for 35 years in our "economic environment". We will not close the line of credit on this account because that would adversely affect our credit score but we do not intend or need to use the HSBC issued card. Perhaps we will get more of these ill-conceived limit reduction notifications, with their arbitrary reasons for adverse action, from other desperate credit card companies. If we do, we will "retire" their card with the Union Plus MasterCard issued by HSBC.
I co-signed for my son some years ago for a Bowflex product. Although he has had some difficulties and late payments, he "thought" he had made arrangements for sending a lower payment (discussed by phone w/hsbc), and now finds these payments have not been acknowledged. As his co-signer they are now harassing me, a senior citizen. Not only have we not received a straight answer on exactly what the add-on charges are, but balance seems to be different each time they call. The calls have become harassing and extremely rude.
This company is ridiculous. I have been using/paying this card for years without too much thought. On the 13th I paid my balance in full using the eft feature on the website. The money was deducted from my account on the 15th. I found out today (21st) that because it was a large payment, they have put a 'hold' on my payment and my card is useless until the 26th at the earliest. There is no reason to hold my payment as it is clearly their money now and no longer accessible to me in any way. I will not be using them ever again and I will tell everyone I can to do the same.
I have had a General Motors Mastercard for about 20 years. My interest rates have been average, and I have never defaulted on the card. Indeed I usually pay MORE than the minimum balance, paying in full when I can.
Two months ago the company unilaterally cut my credit line in half. I didn't complain. However, this month the company increased the interest rate on the card to 30.99 percent! This is outrageous! Further, it falls on the heels of the government bailing out General Motors AND GMAC financing!
I am filing complaints with all regulatory agencies I can find.
HSBC direct has been withholding my money for 2 weeks, for no reason. When my on-line CD matured I called the bank twice with requests to close my CD account and transfer the fund to my another account where I can access the money. I waited for about a week only to discover they did nothing. Since then I have been sending bank mails daily. Still cannot get the money. On top of this, now they want to charge me with an early withdrawal fee. Basically, they are pretending that I never called them.
This company sucks. I had three HSBC credit cards for years and had a zero balance on all of them. I applied for credit with a company that had nothing to do with HSBC or any of their affiliates. Almost simultaneously, I started to receive letters from HSBC stating that they were closing my accounts due to recent credit denial. What's up with that? Did I mention that I did not owe them any money and have never missed a payment or was I ever late. It's almost like they lay in wait and pounce on you like fresh meat!
I don't know which is worse credit card companies jacking up your interest rate if you are late or them just closing your account when you are not. BUYER BEWARE!!!
This credit card company operates fraudulently. that rob their customers every month with their marketing ploys and cleaver billing practices. I have both cards, and is robbed every month; the balance never goes down, no matter how much I pay monthly.
No matter how much I pay per month, no matter how often I make payments, the balance always remains at a level that causes it to go over the credit lime and charged at 28% interest. this card/relationship is not mutual beneficial. if something is not done by your company to make this a better situation for me. I will not pay another dime. not a red cent. I do not like to be robbed. the only side benefiting from this relationship is your card company. I have been unemployed since october, and have paid every month, but your company finds a way each month to cause my balance to stay at or above the credit limit. fix this now.
I have had my HSBC card since 2003. I was enrolled in the AccountSecure Plus without my authorization, and I have been paying fees for this whole time...
I should have noticed it sooner but... I failed!
When I called to complain they "offered" to either remove the last 4 charges or investigate the enrollment. If it was found to be an unauthorized enrollment, I would get all my money back.
I looked online and found everyone who had opted for the investigation was still waiting for the refund after over a year... I opted for the 4 months, because it was definite.
I am suspicious of any company willing to refund 4 months worth of charges immediately, but I didn't want to wait a over a year to find out if they were going to refund my charges or not.
I have had a mortgage with HSBC for 8 years and have had the same homeowners policy the entire time. This mortgage was a refinance and the homeowners was carried over from the previous mortgage. I have the policy with a local agency and the agent is a personal friend of mine. At least once a year HSBC sends me a notice that I do not have current coverage on my home and they tell me they are taking out coverage and charging me for it (usually about 4 xs what I pay on my own) It takes several faxes of my declaration page from both my husband, myself, and my agent to get the problem straightened out and it usually takes months, during which time my mortgage is running with a past due balance of several thousand dollars. Now my credit rating is trashed and I can't even refinance the home because of it. STAY AWAY FROM HSBC When you complain to them the answer you get is "We are the biggest bank in the world" In other words - good luck !!!
Feb 27, 2009 letter received March 4 states that due to a 'recent loss mitigation review' my credit limit was reduced to $300 from $2, 400. I don't really care...I have $50 of recurring charges every month that I pay off in full and occasionally go up over that $300, also paid off in full but I spent a lot of time waiting and paying in full every month, being a good slave to the credit master, so I could boost my FICO.
Because as we all know, the system is stacked against us and in order to get a decent interest rate on a loan, you need that FICO up there and to get the FICO up there you have to dabble with using credit and to dabble with credit means minimum payment bondage in perpetuity for all but the most responsible so yeah...paying in full every month got me ZIP now that my credit limit was reduced.
My credit report is fine, nothing changed, it's simply that they are in trouble and want to reduce their liability across the board since our wonderfully reckless new homeowners who are facing bankruptcy anyway like to jack all their credit cards out to the max, and then walk away from the house AND the cards. Hey...House of Cards, I made a funny.
So I can't wait until I see my FICO take a dive because my total available credit limit gets nicked away by this card and that card for NO GOOD REASON but being fiscally responsible. Just ONE MORE WAY the rest of us who did the right thing are getting shafted, hard.
On the 19th March HSBC, deducted 29000 plus dirhams out of my account. This was to reduce a loan I had with...
I am frequent flyer to uk and used to withdraw cash from my account at hsbc uk. On 20th of march 2009, i went as usual to withdraw money from hsbc uk atm machine, i could not withdraw as i got a message that " you are not authorized to withdraw please call your card issuer bank " . I did call uae call centre and spent over an hour calling from my mobile but they kept transferring from on section to another and telling everything is ok at their system, try to withdraw less amount which i did but no result. I told them that i can see my balance but could not take money even though i have enoough credit in my account. I told i am running out of credit in my mobile and asked to call me back if cut it off. The phone went off but they did not get back and i was waiting infront of the atm machine for more than half an hour. I tried again today with a different hsbc branch at uk and i got same message. I went to see the manager of the branch and he told me that he could not help as the the card has been issued outside uk. Even the it is hsbc but they did not want to help me. I am stuck without fund and hsbc is careless to help their customer. I seriously thinking to close my account with hsbc and please take note of my complaint so that no other person face this ordeal.