Does anyone bank with HSBC in Oz?
#1
Forum Regular
Thread Starter
Joined: Jul 2006
Location: Brisbane
Posts: 236
Does anyone bank with HSBC in Oz?
If so are they any good?
#2
Re: Does anyone back with HSBC in Oz?
We do.
We have the money from our house sale with them and get around 6% interest, which is paid every month.
We opened an account from the UK, but you have to have a UK HSBC account before you can do this.
They are OK, but we live around 40 minute journey from the branch in Perth, and it is the only one. So bit difficult if you have to travel there every time you want to do transactions that require you to be there in person. Not many ATMS in WA either.
Don't know about the rest of Oz
We have the money from our house sale with them and get around 6% interest, which is paid every month.
We opened an account from the UK, but you have to have a UK HSBC account before you can do this.
They are OK, but we live around 40 minute journey from the branch in Perth, and it is the only one. So bit difficult if you have to travel there every time you want to do transactions that require you to be there in person. Not many ATMS in WA either.
Don't know about the rest of Oz
#3
BE Forum Addict
Joined: Jun 2004
Location: The Gold Coast
Posts: 3,069
Re: Does anyone back with HSBC in Oz?
I've opened one from here too and have put my money in a term deposit. Not in Australia yet, but same as Perth there's the one branch in Brisbane not sure about ATMs. I think there's a branch on the Sunshine Coast somewhere too.
Tracey.
Hi Ang
Tracey.
Hi Ang
#4
Forum Regular
Joined: Feb 2007
Location: Leeds
Posts: 120
Re: Does anyone back with HSBC in Oz?
Does that mean I wont have to pay off my HSBC overdraft before I go to Oz then, or my HSBC loan, or my HSBC credit card???
#7
Re: Does anyone back with HSBC in Oz?
you can do over-the-counter HSBC transactions at any branch of Australia Post.
#8
Re: Does anyone back with HSBC in Oz?
Theres also a branch in Southport on the Gold Coast and at Springwood at the new Ikea.
#9
BE Forum Addict
Joined: Jan 2007
Posts: 3,991
Re: Does anyone back with HSBC in Oz?
can standing orders be paid into HSBC accounts in OZ from UK accounts (different bank) with out incurrin any extra costs???
My ex is worried his child maintenance payments are going to be eaten up in bank charges?
My ex is worried his child maintenance payments are going to be eaten up in bank charges?
#10
Re: Does anyone back with HSBC in Oz?
Last edited by ianandhelena; Mar 29th 2007 at 9:46 pm.
#11
BE Enthusiast
Joined: Nov 2004
Location: Sydney, Australia - formerly Portsmouth UK
Posts: 938
Re: Does anyone back with HSBC in Oz?
One thing to be wary of with HSBC is that they do not have many branches in comparison to other banks. The cash machine system is different here as well and you get charged for using other banks cash machines (and from your own banks machines if you draw money too many times) so its probably worth ensuring that you bank with somebody who has a branch reasonably close to where you will be living/working.
#12
Re: Does anyone back with HSBC in Oz?
One thing to be wary of with HSBC is that they do not have many branches in comparison to other banks. The cash machine system is different here as well and you get charged for using other banks cash machines (and from your own banks machines if you draw money too many times) so its probably worth ensuring that you bank with somebody who has a branch reasonably close to where you will be living/working.
#13
Re: Does anyone back with HSBC in Oz?
We do.
We have the money from our house sale with them and get around 6% interest, which is paid every month.
We opened an account from the UK, but you have to have a UK HSBC account before you can do this.
They are OK, but we live around 40 minute journey from the branch in Perth, and it is the only one. So bit difficult if you have to travel there every time you want to do transactions that require you to be there in person. Not many ATMS in WA either.
Don't know about the rest of Oz
We have the money from our house sale with them and get around 6% interest, which is paid every month.
We opened an account from the UK, but you have to have a UK HSBC account before you can do this.
They are OK, but we live around 40 minute journey from the branch in Perth, and it is the only one. So bit difficult if you have to travel there every time you want to do transactions that require you to be there in person. Not many ATMS in WA either.
Don't know about the rest of Oz
#14
Re: Does anyone back with HSBC in Oz?
I use them and saw all posts on here saying what a nightmare they are. Agree if you want hand holding then they arent for you. If you want cheap, good value banking and dont need anyone (face it they all have call centers in India so how good is that service anyway) then its great in Oz.
#15
Re: Does anyone back with HSBC in Oz?
I have an HSBC account as my main account, they're great.
My savings, however are earning 6.8% with BankWest which is more than HSBC, or indeed anyone else can offer.
My savings, however are earning 6.8% with BankWest which is more than HSBC, or indeed anyone else can offer.