Go Back  British Expats > Living & Moving Abroad > USA > The Trailer Park
Reload this Page >

HSBC asking for id and address proof

HSBC asking for id and address proof

Old Dec 22nd 2015, 12:06 am
  #1  
Austin. TX.
Thread Starter
 
petitefrancaise's Avatar
 
Joined: Sep 2013
Posts: 5,915
petitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond repute
Default HSBC asking for id and address proof

Both OH and I have both received letters asking for proof of id (certified) and address from HSBC. They've said it's part of tightening security even though we have been clients of theirs for about 20 years.
Just curious to see if anyone else has had anything from them recently about this.
petitefrancaise is offline  
Old Dec 22nd 2015, 12:08 am
  #2  
Lost in BE Cyberspace
 
mrken30's Avatar
 
Joined: Jul 2008
Location: Portlandia Metro
Posts: 7,413
mrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond repute
Default Re: HSBC asking for id and address proof

Is this for US or UK accounts? I haven't had any requests for ID from my UK account. Just the request that I need to put in 500 GBP /month
mrken30 is offline  
Old Dec 22nd 2015, 12:09 am
  #3  
Austin. TX.
Thread Starter
 
petitefrancaise's Avatar
 
Joined: Sep 2013
Posts: 5,915
petitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond reputepetitefrancaise has a reputation beyond repute
Default Re: HSBC asking for id and address proof

Uk account.
petitefrancaise is offline  
Old Dec 22nd 2015, 12:14 am
  #4  
Lost in BE Cyberspace
 
mrken30's Avatar
 
Joined: Jul 2008
Location: Portlandia Metro
Posts: 7,413
mrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond repute
Default Re: HSBC asking for id and address proof

I have an "HSBC Bank Account" that they want to convert to an "HSBC Current Account". I don't know if the account type makes any difference. The last time I made changes on my account was in 2011 when I added another signatory. They may have updated my details then.
mrken30 is offline  
Old Dec 22nd 2015, 9:24 am
  #5  
BE Forum Addict
 
yellowroom's Avatar
 
Joined: Nov 2011
Location: Was Virginia, now Yorkshire.
Posts: 2,333
yellowroom has a reputation beyond reputeyellowroom has a reputation beyond reputeyellowroom has a reputation beyond reputeyellowroom has a reputation beyond reputeyellowroom has a reputation beyond reputeyellowroom has a reputation beyond reputeyellowroom has a reputation beyond reputeyellowroom has a reputation beyond reputeyellowroom has a reputation beyond reputeyellowroom has a reputation beyond reputeyellowroom has a reputation beyond repute
Default Re: HSBC asking for id and address proof

Yes, I'm with firstdirect (subsidiary of HSBC) and they keep bothering me to explain my "US connection". My circumstances obviously don't fit in their tick boxes and the computer keeps writing to me for more information.
yellowroom is offline  
Old Dec 22nd 2015, 9:52 am
  #6  
Septic Sprout
 
tonrob's Avatar
 
Joined: Aug 2004
Location: Shanghai
Posts: 7,992
tonrob has a reputation beyond reputetonrob has a reputation beyond reputetonrob has a reputation beyond reputetonrob has a reputation beyond reputetonrob has a reputation beyond reputetonrob has a reputation beyond reputetonrob has a reputation beyond reputetonrob has a reputation beyond reputetonrob has a reputation beyond reputetonrob has a reputation beyond reputetonrob has a reputation beyond repute
Default Re: HSBC asking for id and address proof

I haven't heard from them yet. Banked with them for 26 years (and employed by them for a while). Still use my accounts from inside the UK at least monthly (I travel back to the UK a lot) so don't know if that makes a difference - although my address is in the US so don't know why it would.
tonrob is offline  
Old Dec 22nd 2015, 10:17 am
  #7  
BE Forum Addict
 
Joined: Apr 2011
Location: The Shire
Posts: 1,117
theOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond repute
Default Re: HSBC asking for id and address proof

Ignoring any request from HSBC, First Direct, or M&S(?) relating to FATCA, CRS, or the EU Saving Directive is not a wise choice. At best, the account holder may be classified as recalcitrant.
theOAP is offline  
Old Dec 22nd 2015, 3:22 pm
  #8  
Lost in BE Cyberspace
 
mrken30's Avatar
 
Joined: Jul 2008
Location: Portlandia Metro
Posts: 7,413
mrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond repute
Default Re: HSBC asking for id and address proof

Originally Posted by tonrob View Post
I haven't heard from them yet. Banked with them for 26 years (and employed by them for a while). Still use my accounts from inside the UK at least monthly (I travel back to the UK a lot) so don't know if that makes a difference - although my address is in the US so don't know why it would.
HSBC also has my US address, not sure if that makes a difference.
mrken30 is offline  
Old Dec 22nd 2015, 5:16 pm
  #9  
BE Forum Addict
 
Joined: Sep 2008
Location: Rural Virginia
Posts: 1,069
ottotheboar has a reputation beyond reputeottotheboar has a reputation beyond reputeottotheboar has a reputation beyond reputeottotheboar has a reputation beyond reputeottotheboar has a reputation beyond reputeottotheboar has a reputation beyond reputeottotheboar has a reputation beyond reputeottotheboar has a reputation beyond reputeottotheboar has a reputation beyond reputeottotheboar has a reputation beyond reputeottotheboar has a reputation beyond repute
Default Re: HSBC asking for id and address proof

I have heard nothing from them and use the UK account on a regular basis.The only restriction now is the amount of cash which can be paid in which is around 2500 UKP
ottotheboar is offline  
Old Dec 22nd 2015, 5:40 pm
  #10  
Lost in BE Cyberspace
 
mrken30's Avatar
 
Joined: Jul 2008
Location: Portlandia Metro
Posts: 7,413
mrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond repute
Default Re: HSBC asking for id and address proof

Originally Posted by ottotheboar View Post
I have heard nothing from them and use the UK account on a regular basis.The only restriction now is the amount of cash which can be paid in which is around 2500 UKP
I that an "HSBC Current Account". Their "Bank account" requires £500 to be paid in every month
mrken30 is offline  
Old Dec 22nd 2015, 10:22 pm
  #11  
 
Pulaski's Avatar
 
Joined: Dec 2001
Location: Dixie, ex UK
Posts: 51,050
Pulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond reputePulaski has a reputation beyond repute
Default Re: HSBC asking for id and address proof

Originally Posted by petitefrancaise View Post
Both OH and I have both received letters asking for proof of id (certified) and address from HSBC. They've said it's part of tightening security even though we have been clients of theirs for about 20 years.

Just curious to see if anyone else has had anything from them recently about this.
But you moved to the US less than two years ago, and have lived in at least three countries in the past twenty years.

Also the identification standards have tightened immeasurably since you first banked with HSBC.
Originally Posted by theOAP View Post
..... At best, the account holder may be classified as recalcitrant.
Does that actually mean anything?

Last edited by Pulaski; Dec 22nd 2015 at 11:21 pm.
Pulaski is offline  
Old Dec 22nd 2015, 11:09 pm
  #12  
BE Forum Addict
 
Joined: Apr 2011
Location: The Shire
Posts: 1,117
theOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond repute
Default Re: HSBC asking for id and address proof

Originally Posted by Pulaski View Post
If you don't the bank will close your account. Those are the choices: compliant or non-compliant, there is no "recalcitrant".
You're right, I made it up. And then the IRS liked the word, so they made it the law. (Not necessarily a true story.)

Under the Model 1 IGAs, any account holder who doesn't respond to a query about 'US Person' indicia (I didn't make up that word), won't have their account closed, but only reported, via HMRC in the UK, to the IRS. It means the banks aren't required to close the account, even though Congress intended for the accounts to be closed under the Act. They're known as 'recalcitrant' account holders. Honest. Trust me, I'm an American.

And, I've also had to hand deliver a W-9 to my local HSBC branch. HSBC will not allow those resident in the UK to mail in either a W-8 or W-9. And, you have to sign an statement saying everything you've given the bank is true and accurate.
theOAP is offline  
Old Dec 22nd 2015, 11:17 pm
  #13  
Forum Regular
 
Joined: Oct 2011
Location: San Diego, CA
Posts: 157
FinnDiego has a reputation beyond reputeFinnDiego has a reputation beyond reputeFinnDiego has a reputation beyond reputeFinnDiego has a reputation beyond reputeFinnDiego has a reputation beyond reputeFinnDiego has a reputation beyond reputeFinnDiego has a reputation beyond reputeFinnDiego has a reputation beyond reputeFinnDiego has a reputation beyond reputeFinnDiego has a reputation beyond reputeFinnDiego has a reputation beyond repute
Default Re: HSBC asking for id and address proof

Originally Posted by theOAP View Post
And, I've also had to hand deliver a W-9 to my local HSBC branch. HSBC will not allow those resident in the UK to mail in either a W-8 or W-9. And, you have to sign an statement saying everything you've given the bank is true and accurate.
This was their requirement for non-residents too. As if I'm going to a trip to the UK to give them a form telling them I live in the US... So far asking for alternatives only got me "we'll get back to you". HSBC Canada on the other hand was happy with a scanned W-9.

I also got a request for W-9 from my Finnish bank, so they seem to be waking up too. Looks like I can give them the details through online banking.

All this reminds me I should close some of my zeroed-out accounts before the end of this year to make my 2016 tax returns a bit simpler...
FinnDiego is offline  
Old Dec 22nd 2015, 11:40 pm
  #14  
Lost in BE Cyberspace
 
mrken30's Avatar
 
Joined: Jul 2008
Location: Portlandia Metro
Posts: 7,413
mrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond reputemrken30 has a reputation beyond repute
Default Re: HSBC asking for id and address proof

I seem to vaguely remember sending something to HSBC to allow me to fax in forms instead of mailing. That may have been just for authorizing transactions. I have never been asked to send anything. They have been mailing my statements to the US for the past 7 years without a problem.
mrken30 is offline  
Old Dec 22nd 2015, 11:40 pm
  #15  
BE Forum Addict
 
Joined: Apr 2011
Location: The Shire
Posts: 1,117
theOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond reputetheOAP has a reputation beyond repute
Default Re: HSBC asking for id and address proof

For anyone who may be reading this as a UK citizen resident in the UK - be sure HSBC has your primary citizenship as 'British' and any other citizenship (or US Personage) as secondary. The safe harbour proposal might come into being. It has an extremely slim possibility, but who knows. As for those not resident in the UK, tough luck.

For those resident in the US with a UK account - remember, you are the prime individual the FATCA legislation was designed to ferret out. Be sure everything is declared, including Part III of Schedule B, and you've made sure HSBC is aware of your 'US Personage'.
theOAP is offline  

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell or Share My Personal Information -

Copyright © 2023 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.