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HK HSBC frooze my personal account

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  1. #1

    Join Date
    Sep 2013
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    5

    HK HSBC frooze my personal account

    Hi all,

    Last March (6 months ago) we made a business deal in Hongkong. We received money on our personal HSBC account because we did not registrer a businessacount yet.

    Once we tried to wire the funds abroad, it was never received. (wire transfer to other HSBC acounts within HK was ok, even huge amounts)We tried contacting the bank, asking the manager ect but they all would not say anything due to ongoing investigation.

    I did some research online and we might we suspected of ML. This is the only thing i can think of. We have all the papers proving its all legit, invoices to buyers and from suppliers. My question is, what other actions can we take? And up to how long can this investigation take? Is there a possibility we wont see the money back at all?

    Any others came across this problem? Thank you for your time and input

    By the way, the money came from legit sources


  2. #2

    Join Date
    May 2010
    Posts
    4,713
    Quote Originally Posted by sinsin:

    By the way, the money came from legit sources
    prove it!!

  3. #3

    Join Date
    Sep 2013
    Posts
    5

    we got it transfered from clients account, what are the ways to prove this?


  4. #4

    Join Date
    Oct 2005
    Posts
    14,414
    Quote Originally Posted by sinsin:
    we got it transfered from clients account, what are the ways to prove this?
    Invoices etc, agreement of services provided, contracts etc

  5. #5

    Join Date
    Apr 2011
    Posts
    2,446
    Quote Originally Posted by sinsin:
    we got it transfered from clients account, what are the ways to prove this?
    You also need to prove you did appropriate due diligence on your client. For all you know, the client could be using the transaction with you to launder money. You need to demonstrate you know your client.

  6. #6

    Join Date
    Dec 2012
    Posts
    904

    How long have they been "investigating". If they do it for too long, I would report the case to the police. They will contact HSBC for clarifications, and things may move a bit faster.


  7. #7

    Join Date
    Aug 2009
    Posts
    966

    Have you got a notice from HSBC that your account is suspended/frozen? Because they should tell you if it is.

    When sending money abroad sometimes it is blocked by HSBC NY (coz of USD) and they want more info on the purpose and recipient. HSBC HK just sends you a message online which I never used to check. Once I provided the info the money was transferred.


  8. #8

    Join Date
    Aug 2005
    Location
    Clear Water Bay (In Da Jungle)
    Posts
    9,968

    fly to HK, bring large empty suitcase, withdraw money, stuff into suitcase and fly out

    Or take money to Chunking Mansion and use the Kawala / Hundi money transfer system


  9. #9

    Join Date
    Dec 2009
    Posts
    6,714
    Quote Originally Posted by sinsin:
    We tried contacting the bank, asking the manager ect but they all would not say anything due to ongoing investigation.
    Did you actually walk into the main branch and talk face to face with your account manager with your documents in hand?

  10. #10

    Join Date
    Sep 2013
    Posts
    5
    Quote Originally Posted by cheepo:
    How long have they been "investigating". If they do it for too long, I would report the case to the police. They will contact HSBC for clarifications, and things may move a bit faster.
    since march 2013, so 6 months already. I cant login to the account, whenever I try it says:
    contact bank.

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